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Thursday, 15 May 2025, 6:12 pm

    Tag: Carbon Market

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    PCC clears ECPay’s sale to GCash operator Mynt

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    Globe Telecom Inc. has secured the green light from the Philippine Competition Commission (PCC) to proceed with the sale of its 77 percent stake in Electronic Commerce Payments Inc. (ECPay) to Globe Fintech Innovations Inc. (Mynt), the operator of leading e-wallet platform GCash.

    PLDT 1Q profit slips 8% on softer market, but core business hold steady

    Corporate 0
    Telecom giant PLDT Inc. reported an 8 percent year-on-year decline in net income for the first quarter of 2025, as a softer market environment weighed on overall profitability. The company posted a net income of ₱9.02 billion for the January–March period, down from ₱9.82 billion in the same quarter last year.

    Cebu Pacific flies 2.3M in April as travel demand soars

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    Cebu Pacific on Thursday reported an 18.3 percent year-on-year increase in passenger traffic for April 2025, carrying 2.3 million travelers, underscoring sustained demand for air travel and bolstering the Gokongwei-led carrier’s post-pandemic recovery trajectory.

    Filinvest posts P3.6B Q1 profit on broad-based growth

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    Filinvest Development Corp. (FDC) reported a 25 percent increase in net income to ₱3.6 billion in the first quarter of 2025, up from ₱2.9 billion in the same period last year, as all major business units—from banking to sugar milling—posted solid performance, the company said Wednesday.

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    Context.ph is a business news and features website based in the Philippines. Our goal is to provide readers easily digestible articles to help people better understand the news and make informed decisions.

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    FNI Q1 profit soars on higher shipments, nickel prices

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    Global Ferronickel Holdings Inc. (FNI), one of the country’s leading nickel producers, posted a 1,567 percent surge in net income for the first quarter of 2025 totaling P177.3 million, from just P10.63 million a year earlier, as higher shipment volumes and stronger nickel prices buoyed performance.
    Corporate

    PCC clears ECPay’s sale to GCash operator Mynt

    0
    Globe Telecom Inc. has secured the green light from the Philippine Competition Commission (PCC) to proceed with the sale of its 77 percent stake in Electronic Commerce Payments Inc. (ECPay) to Globe Fintech Innovations Inc. (Mynt), the operator of leading e-wallet platform GCash.
    Corporate

    PLDT 1Q profit slips 8% on softer market, but core business hold steady

    0
    Telecom giant PLDT Inc. reported an 8 percent year-on-year decline in net income for the first quarter of 2025, as a softer market environment weighed on overall profitability. The company posted a net income of ₱9.02 billion for the January–March period, down from ₱9.82 billion in the same quarter last year.
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