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.
Metropolitan Bank & Trust Co. (Metrobank) secured top distinctions at this year's Philippine Dealing System (PDS) Annual Awards, including the prestigious Cesar E.A. Virata...
Metropolitan Bank & Trust Co., the country’s fourth largest lender by assets, reported a net income of P12.3 billion for the first quarter, driven by strong loan growth, a robust performance in fee and trading income, and moderating cost increases.
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.
Aboitiz Renewables, Inc., the clean energy arm of Aboitiz Power Corporation, will expand its solar capacity in Negros Occidental to 471 megawatt-peak (MWp) once the new Luna Solar Power Plant becomes operational.
Jollibee Foods Corporation, also called the Jollibee Group, has opened a new store in downtown San Francisco, California to grow its business across North America.
Alex Eala’s bid for the biggest title of her career was put on hold after persistent rain repeatedly disrupted the Mubadala DC Open final against top seed Jessica Pegula. The championship match was delayed for hours before play started, only to be suspended again for the safety of players and spectators. Eala surged to a 4-3 lead in the opening set and created several chances to move within a game of the set before World No. 3 Pegula rallied to win three straight games for a 6-4 advantage. Eala claimed the second-set opener before trailing 2-1 when play stopped.
Digital payments giant Visa and mobile wallet GCash have announced a partnership to introduce a new, more secure way for consumers to pay for everyday purchases across the Philippines.