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 Bases Conversion and Development Authority (BCDA) is accelerating plans to modernize both the seaport and airport at Poro Point, pursuing separate public-private partnership (PPP) tracks to unlock the former US military facility’s potential as Northern Luzon’s next logistics and tourism gateway.
The Bases Conversion and Development Authority (BCDA) is targeting P10 billion in revenues in 2026, pivoting from headline income growth to a sharper focus on jobs, investments, and long-term asset value, its top executive said.
The Asia Video Industry Association (AVIA) is pressing for swift passage of the proposed Online Site Blocking Act after reporting that online piracy in the Philippines remains stubbornly high, with half of Filipino consumers accessing pirated content in 2025.
The Philippine Stock Exchange index (PSEi) slid 1.3 percent to 6,384.58, extending profit-taking for a second session after touching seven- to nine-month highs. Even so, the benchmark remains comfortably above the 6,000 mark, keeping the broader uptrend intact and suggesting the pullback is more consolidation than reversal.