Tag: GT Capital

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GT Capital earnings rise on strong core units

GT Capital Holdings, Inc. posted a 17 percent increase in consolidated net income to P33.68 billion in 2025, driven by solid contributions from its...

GT Capital reassesses capex, growth plans

GT Capital Holdings is reviewing its capital expenditure and growth strategy for 2026 as it navigates uncertainty from an unfolding global crisis, Vice Chairman Alfred Ty said.

Federal Land sells stake in Crown Central

Federal Land Inc., a wholly owned subsidiary of GT Capital Holdings, and its subsidiary Horizon Land Property Development Corp. have sold their entire 52 percent stake in Crown Central Properties Corp. to Crown Equities, Inc. for P73.475 million.

GT Capital posts record 9-month earnings

GT Capital Holdings, Inc. reported a record core net income of P26.0 billion for the first nine months of 2025, up 21 percent year-on-year, fueled by strong performances from its key operating companies.

Toyota Financial lists P5BB on PDEx

Toyota Financial Services Philippines Corporation., the auto financing arm of GT Capital Holdings Inc., successfully listed P5 billion worth of fixed-rate bonds on the Philippine Dealing and Exchange Corporation (PDEx), marking its maiden issuance in the local debt market.

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Germany seeks policy certainty for bigger PH investments

German companies remain interested in expanding their investments in the Philippines, but long-term policy certainty will be crucial to unlocking capital for critical minerals, advanced manufacturing, and other emerging industries, Germany’s top diplomat in Manila said.

Francisco Motors eyes P6B EV production investment

Francisco Motors Corp. (FMC), the Filipino company behind the iconic jeepney, is eyeing an initial P6-billion investment to revive local vehicle production and develop electric vehicles under the government’s Electric Vehicle Incentive Strategy (EVIS).

Moody’s affirms Philippine rating despite growth slowdown

Moody’s Ratings affirmed the Philippines’ Baa2 sovereign credit rating on Monday, citing expectations that the government’s fiscal position will stabilize over the next two years despite a sharp slowdown in economic growth.

Negros Power compliant with allowable system losses cap, ERC clarifies

The Energy Regulatory Commission (ERC) on Monday (24 August 2026) clarified that Negros Electric and Power Corp. (NEPC) was operating well within its allowable system losses cap after being wrongly identified as noncompliant with the cap for private distribution utilities (DUs).

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