Tag: Century Properties

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Century Properties Group reports strong 1Q 2025 earnings

Century Properties Group Inc. (CPG) delivered a strong start to 2025, with robust sales across its residential projects driving a 16 percent year-on-year increase in net income, which reached P473 million in the first quarter.

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Oil surge rattles peso, tests policy

The Philippine peso is back under pressure as surging oil prices and geopolitical strains jolt global markets, sharpening the policy dilemma for the Bangko Sentral ng Pilipinas (BSP).

Maharlika Fund eyes Iligan steel revival

The Philippine government is weighing the use of the Maharlika Investment Corporation to jump-start the redevelopment of the long-idle former National Steel Corporation (NSC) site in Iligan City, a 500-hectare property seen as a potential anchor for a new industrial and investment hub.

Manufacturers hold prices amid Middle East tension

Manufacturers of basic goods have pledged to keep prices steady for at least 30 days, cushioning consumers from global volatility fueled by ongoing Middle East tensions.

Gov’t to buy 2 barrels of oil to boost national supply

The Philippine government is set to purchase 2 million barrels of oil to strengthen the country’s fuel buffer stock, Department of Finance Secretary Frederick Go announced Tuesday.

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