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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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Oil prices surge amid Hormuz power struggle

Energy & Mining 0
Oil markets jolted higher Thursday as geopolitical tensions in the Strait of Hormuz escalated, with Iran and the US both asserting control over one of the world’s most critical energy chokepoints.

Franchising seen resilient despite slower 2026 growth

Economy 0
Franchising in the Philippines is emerging as a strategic bright spot in 2026, even as industry expansion cools alongside a moderating economy, according to the Philippine Franchise Association.

DENZA targets PH SUV market with electrified duo

Transport & Logistics 0
DENZA Philippines is stepping up its assault on the country’s crowded spirts utility vehicle (SUV) segment, rolling out two electrified models—the B5 and B8—in a bid to challenge gasoline-powered incumbents and capture a slice of the fast-growing market.

BSP declares end to rate cuts, signals steady borrowing costs ahead

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The Bangko Sentral ng Pilipinas (BSP) has signaled that its interest rate easing cycle has come to an end, with Governor Eli Remolona saying the latest 25-basis-point adjustment will likely be the last.

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