Tag: Federal Land

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GT Capital banking, auto units boost Q1 profit

Corporate Context.ph Context.ph -
GT Capital Holdings, Inc., the Ty Group’s listed investment holding company, reported a consolidated net income of Ph9.14 billion for the first quarter, a 29 percent increase from the same period last year. The growth was largely driven by the strong performances of its core banking and automotive businesses.

GT Capital sees strong growth, record earnings

Context Dispatch Context.ph Context.ph -
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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Nestlé invests P500M to expand Tanauan CHUCKIE plant

Trade & Investments 0
Nestlé Philippines is investing nearly P500 million to expand its ready-to-drink manufacturing facility in Tanauan City, Batangas, adding capacity for 144 million packs of CHUCKIE chocolate milk annually as demand grows.

Federal Land expands BGC residential footprint

Property 0
Federal Land Inc. is expanding its residential footprint in Bonifacio Global City with the opening of Aki Tower, the third residential tower of The Seasons Residences, as demand builds around the mixed-use district.

Cash remittances hit $3.24 billion in July, sustaining consumption and growth 

Economy 0
Cash sent home by overseas Filipino workers rose to 3.24 billion U.S. dollars in July 2026, marking a 1.9 percent growth compared to the 3.18 billion U.S. dollars recorded in the same month last year. The increase reflects a steady, upward trend that continued through the first seven months of the year, signaling enduring financial support from overseas workers despite global economic uncertainties.

Asialink opens ₱100 million capital pipeline

Banking & Insurance 0
Asialink Finance Corporation (AFC) has expanded its financing support with the introduction of the GrowBiz Loan, a new program designed  for businesses that offer medium enterprises access to up to ₱100 million in funding. This seven-year term program represents a five-fold increase in maximum loan amount and a two-year repayment extension compared with the company’s existing Real Estate Mortgage Loan capped at ₱20 million over only five years.

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