Tag: Davao City

Apollo Global Capital Inc. said its subsidiary JDVC Resources Corp. has entered into an operating agreement with Masbate 2145 Philippines Inc., granting JDVC exclusive rights over a large mineral property in Masbate.

Rizal Commercial Banking Corp., the country’s sixth-largest lender by assets, opened 2026 with stronger earnings, posting an unaudited net profit of P2.7 billion for the first quarter, up 12 percent from a year earlier, as loan growth and lower funding costs lifted core income.

The Philippines is sharpening its pitch for Japanese capital, formalizing a three-way partnership between the Board of Investments (BOI), Sumitomo Mitsui Banking Corp. (SMBC), and Rizal Commercial Banking Corp. (RCBC).

Aboitiz InfraCapital Inc. (AIC) is bracing for potential headwinds to its airport business if tensions in the Middle East drag on and keep fuel prices elevated, a scenario that could begin to bite as early as June.