Corporate
Robust enterprise demand spurs Converge 9-month profit growth
Converge Information and Communications Technology Solutions, Inc. (PSE: CNVRG) posted an 8.4 percent rise in net income to P8.9 billion for the first nine months of 2025, from P8.2 billion a year earlier, as strong enterprise demand and steady residential growth lifted revenues.
Seagate shares soar after debt deal
Shares of Seagate Technology climbed 10 percent on Wednesday after the data storage company announced a USD500 million debt exchange agreement, a move seen by investors as easing its near-term financing pressure.
Higher enrollment boosts STI Holdings FY net income 38%
STI Education Systems Holdings, Inc. (STI Holdings), the country’s largest private school network, reported strong financial results for Fiscal Year ending June 30, 2025, supported by higher enrollment and steady operational gains.
Mastercard appoints Jason Crasto as country manager for the Philippines
Mastercard has named Jason Crasto as its new country manager for the Philippines, tasked with leading the company’s strategic direction and operations in one of Southeast Asia’s fastest-growing digital payments markets.
Monde Nissin income slips 3% in first nine months
Monde Nissin Corp. reported a 3 percent drop in core attributable income to ₱7.19 billion for the first nine months of 2025, down from ₱7.45 billion a year earlier, mainly due to higher edible oil prices.
