Tag: Net Income

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BPI posts ₱16.6B net income in 1Q

Corporate Context.ph Context.ph -
The Bank of the Philippine Islands (BPI) reported a net income of ₱16.6 billion for the first quarter as strong revenue growth offset increased operating expenses and provisions for credit losses.

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Sectors push corn as bioethanol feedstock amid fuel, food trade-off

Agriculture 0
The Department of Agriculture (DA) has confirmed growing calls to amend Joint Administrative Order No. 2008-1, which limits approved bioethanol raw materials to only sugarcane and molasses, to include corn as an additional feedstock. The proposal remains under review and awaits final decision from the National Biofuels Board, with officials noting the move is being reconsidered amid an ongoing fuel crisis.

Security Bank’s wholesale banking head steps down; interim oversight set

Corporate Bulletins 0
Security Bank announced Monday that John Cary Ong will leave his post as head of the wholesale banking segment.

Mindoro Grid upgrade powers long-term energy fix

Energy & Mining 0
The Marcos administration is moving beyond short-term remedies for Mindoro's recurring power woes, backing a series of major infrastructure projects aimed at integrating the island into the national grid and securing its long-term energy future.

CREIT targets new asset infusion by end-2026, aims to be PH’s largest REIT

Corporate 0
Citicore Energy REIT Corp. (CREIT) plans to complete its next batch of asset additions within this year, pending regulatory approvals, as it moves to expand its renewable energy portfolio.

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