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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Philip Morris counts Philippines as key sourcing, manufacturing hub

Philip Morris International (PMI) is counting on the Philippines as an important sourcing and manufacturing base as it strengthens supply-chain resilience against weather disruptions, geopolitical risks and other external shocks.

FAA grounds US flights over nationwide communications failure

The Federal Aviation Administration (FAA) halted commercial flights nationwide Friday (early Saturday in Manila) after a communications failure crippled all 22 regional air traffic control centers, although it remained unclear whether the disruption was connected to an outage affecting some Microsoft services.

Philippines flirts with stagflation as growth stalls, prices surge

The Philippine economy is beginning to resemble a car running low on fuel while its engine overheats. Growth is sputtering, prices are soaring, jobs are getting harder to find, and agriculture—a major source of food and rural livelihoods—is contracting

ASEAN digital push puts MSMEs at heart of regional growth

Southeast Asia’s small businesses need stronger digital capabilities and better access to regional markets to tap more than 680 million consumers and help ASEAN achieve its ambition of becoming the world’s fourth-largest economy, ASEAN Foundation executive director Dr. Piti Srisangnam said.

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