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 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.
The National Privacy Commission (NPC) is ramping up efforts to strengthen data protection and govern emerging technologies, unveiling plans to expand its regional presence and deepen oversight of artificial intelligence as it marked its 10th anniversary during National Data Privacy Awareness Week 2026.
The Department of Agriculture on Wednesday (DA) said that the construction of major farm‑to‑market roads (FMR) under its program is set to begin by August this year, with bidding activities scheduled from June to July. In a briefing in Quezon City, DA assistant secretary and spokesperson Arnel de Mesa, who also chairs the Bids and Awards Committee (BAC) for large FMR projects, said preparations are already underway, including a pre‑procurement conference scheduled soon.
The Department of Environment and Natural Resources (DENR) will hold a public hearing on June 24, 2026 for Energy Development Corporation’s proposed P25-billion expansion and upgrade of the Southern Negros Geothermal Project steam field in Valencia, Negros Oriental.
The Philippine Airlines (PAL) is encouraging Filipinos to trade the country’s sweltering temperatures and unpredictable weather for a crisp winter holiday in Sydney through its new “Coolest Summer Ever” campaign.