Tag: Metro Pacific

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GT Capital banking, auto units boost Q1 profit

Corporate Context.ph Context.ph -
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 sees strong growth, record earnings

Context Dispatch Context.ph Context.ph -
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.

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UNIQLO expands Philippine footprint with bigger stores

Lifestyle 0
UNIQLO is expanding its Philippine retail network with three new stores and three larger locations for Fall/Winter 2026, extending its reach into Mindanao, major transport hubs, and fast-growing residential markets.

DOT faces P6B tourism infrastructure gap

Travel & Tourism 0
The Department of Tourism is facing a P6.02-billion funding gap for 28 infrastructure projects after the Department of Public Works and Highways shifted responsibility for financing new and continuing tourism projects to the DOT, but the proposed funding was not included in the 2027 national budget.

₱5.52-T Green Lane pipeline stuck in pre-development

Economy 0
Green Lane investments worth a total P5.52 trillion remain stuck in pre-development, exposing the gap between faster government approvals and actual project execution, while 10 renewable energy projects worth P137.47 billion have already been dropped after their service contracts were surrendered.

Philips shifts home security toward smart living 

Lifestyle 0
Philips is repositioning home security as a lifestyle upgrade, focusing less on fear of break-ins and more on giving households control over who can enter their homes and access their valuables.

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