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.
Globe Telecom is ramping up its telecom tower builds across Bulacan, aiming to meet the surging demand for reliable connectivity in one of the country’s fastest-developing provinces. This infrastructure push supports Bulacan’s ambition to become a first-world province by 2040, positioning digital access as a cornerstone of economic and social progress.
The Philippines is now in the final review phase for potential inclusion in J.P. Morgan’s Government Bond Index for Emerging Markets (GBI-EM), a move seen by the Bangko Sentral ng Pilipinas (BSP) as a major step toward attracting more foreign investment and deepening local capital markets.
Travellers International Hotel Group Inc., the gaming and leisure company controlled by tycoon Andrew Tan, announced it will begin construction of two major gaming facilities in Mactan, Cebu and Boracay Island, Aklan by next year, with a combined investment of $700 million.
A new global study by research and advisory firm IDC, sponsored by Rocket Software, shows that IT modernization has become a top priority for nearly two-thirds of enterprise executives.