Tag: First Gen

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First Gen reports 12% drop in 2024 net income to USD245M

First Gen Corporation, the Lopez Group’s clean and renewable energy provider, reported a 12 percent decline in attributable recurring net income for 2024, amounting to USD245 million (P14.0 billion), compared to USD277 million (P15.4 billion) in 2023. 

Monthly public ownership reports required of dozen PSE-listed firms

A little over a dozen companies listed on the Philippine Stock Exchange (PSE), including those owned by prominent families, are now required to submit monthly public ownership reports (POR)—an early-warning system established by the bourse to monitor firms teetering close to the minimum ownership threshold.

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BIR reform push shows early gains, gaps

The Bureau of Internal Revenue (BIR) is beginning to show early results from its five-pillar reform program, Commissioner Charlito Martin Mendoza told members of the European Chamber of Commerce of the Philippines (ECCP) during a high-level dialogue held with Deloitte Philippines at Dusit Thani Manila.

Free parking offered for LRT-2 passengers starting April 27

The Department of Transportation (DOTr) announced that free parking will be available for passengers of the LRT-2 at Santolan Station beginning April 27, 2026.

Filipino-Australian soldier proud to Serve in PH during Balikatan 2026

A Filipino-Australian soldier taking part in Exercise Balikatan 2026 in Palawan shared his pride in returning to the Philippines while serving with the Australian Defence Force.

Air-conditioned lounge opens at LRT-1 Baclaran Station

Commuters using the LRT-1 can now enjoy a cooler waiting area, as Light Rail Manila Corporation (LRMC) has opened a new air-conditioned passenger lounge at the Baclaran Station (northbound).

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