Tag: Manila Water Co. Inc.

Metropolitan Bank & Trust Co. (Metrobank) grew its net income to P36.3 billion in the first nine months of 2026, as a 13-percent expansion in loans, improving lending margins, and stronger fee income sustained earnings growth despite an uncertain economic environment.

New Malampaya wells with estimated reserves of 222 billion cubic feet have begun supplying natural gas to Luzon power plants, strengthening domestic energy security and potentially reducing the country’s exposure to volatile imported fuel prices.

D.M. Wenceslao and Associates, Inc. (DMW) closed the first nine months of 2026 with a net income of ₱1.25 billion, supported by steady earnings from its properties in Aseana City.

Philippine inflation accelerated to 7.8 percent in October from 7.2 percent in September, driven by sharply higher transport costs, rising housing and utility expenses, and persistent rice price increases that continued to squeeze household budgets despite some relief from slower food inflation.