Corporate

Semirara Mining and Power Corporation (SMPC) reported a 66‑percent jump in third‑quarter net income to P2.4 billion from P1.5 billion a year earlier, driven by stronger power‑segment gains and lower non‑cash charges that offset weaker coal performance. For the first nine months of 2026, consolidated net income grew 11 percent to P11.0 billion, with power operations accounting for 78 percent of total earnings.

Planters Products Inc. (PPI) welcomed the indictment of former agriculture secretary Leonardo Montemayor and pledged full cooperation with government prosecutors pursuing the cyber libel case over false and damaging statements against the company.

The Bank of the Philippine Islands (BPI) has teamed up with top logistics provider FAST Group to roll out BPI’s Digital Supply Chain Finance Program for the firm’s suppliers, giving them quicker access to working capital.

SM Investments Corporation has earned the Institute of Corporate Directors’ highest Five Golden Arrow rating for the third straight year, based on the 2025 ASEAN Corporate Governance Scorecard review.

The Philippine Amusement and Gaming Corp. (PAGCOR) saw its net income plunge 85 percent to P2.17 billion in January to September 2026, as a steep decline in electronic gaming revenues and higher statutory remittances squeezed its earnings.