Ayala Corp., the diversified holding company of the Ayala Group, reported a 3.7 percent decline in net income to P12.6 billion in the first quarter, weighed down by one-off items and weaker contributions from its telecom and energy units.
Ayala Corp., a diversified investment holding company, reported a record net income of P42.0 billion for 2024, up 10 percent year-on-year increase. Excluding one-off items, its core net income hit P45.0 billion, marking a significant milestone for the company.
The Philippines is expected to sustain steady economic growth through 2027 despite fallout from the Iran conflict, though inflation could rise toward the upper end of the government’s 2–4 percent target, the ASEAN+3 Macroeconomic Research Office said.
Bank of Commerce, an affiliate of San Miguel Corporation, continued its strong post-IPO trajectory in 2025, posting record financial metrics since its 2022 listing.
The majority bloc of Lopez, Inc., led by Eugenio Lopez III, has called for an audit of the privately-held family holding firm’s books, escalating tensions over recent high-value transactions involving key energy assets.
The Social Security System (SSS) has taken a major step toward expanding financial access, tapping EastWest Rural Bank (EWRB) as the first rural bank authorized to issue the MySSS Card—bringing banking services closer to Filipinos in remote and underserved communities.