China Banking Corp., a banking affiliate of the Sy Group, said its board has approved a total cash dividend payout of P6.7 billion, reflecting the bank’s strong financial performance and commitment to rewarding shareholders.
Cosco Capital Inc., the listed retail holding firm of billionaire Lucio Co, announced on Monday the declaration of regular and special cash dividends totaling P2.79 billion, following a strong earnings performance in 2024.
Dominion Holdings Inc., formerly BDO Leasing and Finance Inc., reported net earnings of P202 million last year, a 27 percent drop from P277 million posted in 2023, due mainly to a reduced investment base following a substantial cash dividend payout of P3.2 billion in May 2024.
Puregold Price Club Inc., a listed operator of various retail and wholesale formats, reported a 21 percent increase in consolidated net income to P10.4 billion in 2024, up from P8.6 billion in 2023, driven by strong revenue growth and improved gross margins at its S&R Warehouse business.
The Department of Transportation (DOTr) announced on Tuesday the deployment of a four-car Dalian train on the MRT-3 line for the first time, following the successful safety checks of another train car.
Monde Nissin Corp. has launched Monde Fresh Express, a last-mile delivery initiative that uses electric vans to distribute its bread products. This shift to EV-powered logistics aims to lower carbon emissions, reduce noise pollution, and enhance delivery frequency in dense urban areas.
DoubleDragon Corp. expects an anticipated interest rate cut by the Bangko Sentral ng Pilipinas later this week to bolster market reception for its P10.9 billion retail bond scheduled in September.
Phirst Park Homes Inc., the horizontal housing arm of Century Properties Group (CPG), announced the launch of a P5.3 billion residential development in General Santos City — its first project in Mindanao.