Corporate
PDIC recognized for strengthening Philippine banking industry
The Philippine Deposit Insurance Corp. (PDIC) has been recognized by the Bankers Institute of the Philippines (BAIPHIL) as one of its most active member institutions, underscoring the deposit insurer’s support for professional development and a stronger Philippine banking industry.
Lopez family’s P2.2B investment backs ABS-CBN recovery
The Lopez family’s controlling shareholders will invest P2.2 billion of their own money in ABS-CBN Corp., providing fresh financial support as the media company addresses obligations to long-serving employees and pursues its recovery plans.
Monde Nissin core income rises 16% in first half on strong biscuits, new product sales
Monde Nissin Corp. reported Wednesday that its core income climbed 16 percent to P5.49 billion in the first half of the year, up from P4.73 billion in the same period last year, driven by stronger sales of biscuits and other newer product lines.
SMIC sees retail growth as consumer spending holds
SM Investments Corp. (SMIC) expects its retail business to maintain its growth momentum in the second half as resilient consumer spending, easing inflation, and...
CREIT earns P686M, sees renewable energy growth
Citicore Energy REIT Corp. (CREIT), the Philippines’ first renewable energy real estate investment trust, posted P686 million in net income in the first half of 2026 as built-in lease escalations across its solar land portfolio supported recurring earnings.
