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GT Capital sees strong growth, record earnings

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GT Capital Holdings Inc. reported a consolidated net income of P28.8 billion for the full year 2024, slightly lower than P29.3 billion in the previous year.  However, excluding non-recurring gains from lot sales and incentives under the Comprehensive Automotive Resurgence Strategy (CARS) program, GT Capital's core net income grew by 11 percent, driven by the record-breaking earnings of its key operating subsidiaries.

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PAL pitches Sydney winter escape as cool alternative to PH summer heat

Travel & Tourism 0
The Philippine Airlines (PAL) is encouraging Filipinos to trade the country’s sweltering temperatures and unpredictable weather for a crisp winter holiday in Sydney through its new “Coolest Summer Ever” campaign.

Courts back SJDM in water service takeover; search for new operator begins

Corporate 0
Two Regional Trial Courts—one in Bulacan and another in Las Piñas—have dismissed separate requests from PrimeWater Infrastructure Corp. for a temporary restraining order and injunction against the San Jose del Monte (SJDM) city government.

AirAsia Philippines faces total shutdown over P271-M unpaid obligations

Transport & Logistics 0
The Civil Aviation Authority of the Philippines (CAAP) has warned AirAsia Philippines that it could be forced to stop all operations if it does not settle outstanding financial dues amounting to P271.94 million.

Back-to-school costs rise for many Filipino families

Education, Health & Science 0
Parents preparing for the opening of classes on June 8 will face higher prices for a significant portion of school supplies, with the Department of Trade and Industry (DTI) reporting that nearly one-third of monitored items cost more than they did a year ago.

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