Corporate

The Securities and Exchange Commission (SEC) on Monday reminded corporations they have less than a month to take advantage of its Enhanced Compliance Incentive Plan (ECIP) program which ends on 30 November this year.

Converge Information and Communications Technology Solutions Inc., the fixed broadband company of Pampanga-based businessman Dennis Uy, on Monday said it expects revenue this year to increase by 12 percent up to14 percent from P35.36 billion, sustaining a growth rate seen in the first half of the year.

The Bank of the Philippine Islands (BPI) has been named “Sustainability Company of the Year” at the Asia CEO Awards 2024, highlighting its strong commitment to sustainable finance and environmental stewardship since 2008.

Philippine Business Bank said Monday nine-month net income surged 57 percent to P1.8 billion, matching earnings for the whole of 2023 on the back of double digit growth in loans and interest income as well as cost management.

8990 Holdings Inc., a real estate developer listed on the Philippine Stock Exchange, saw a sharp decline in net income for the first nine months of the year, hurt by lower sales of mass housing and condominium projects.