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.
SP New Energy Corp. (SPNEC) announced Thursday that its board has approved changing the company’s name to MGen Renewable Energy Holdings Inc., reflecting the integration of its majority owner, Meralco PowerGen Corp. (MGen), into its branding.
The Department of Agriculture (DA) has secured firm commitments from rice millers and importers to buy local palay at minimum prices, even as imported rice enters the market.
The Melco Resorts (Philippines) Foundation, together with City of Dreams Manila and Entertainment City Estate Management Inc., turned over P9.9 million worth of security gadgets and equipment to the Philippine National Police–National Capital Region Police Office (PNP-NCRPO) in a ceremonial event held at City of Dreams Manila.