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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Batelec II greenlights competitive bidding for private sector partnerships

Energy & Mining 0
Batangas II Electric Cooperative Inc. (Batelec II) has approved a public bidding or Competitive Selection Process (CSP) to review proposals for private sector participation in its power distribution operations.

PSE targets over ₱200 billion in fundraising this year, led by Mynt IPO

Corporate 0
The Philippine Stock Exchange (PSE) projects it will raise more than ₱200 billion in funds this year, marking a 41 percent increase from 2025, with the planned initial public offering (IPO) of GCash parent firm Mynt Inc. as the biggest contributor.

DA sets sights on making ube the next big export 

Agriculture 0
The Department of Agriculture (DA) is rolling out major policy changes to transform ube (purple yam) from a niche product into a leading global agricultural export, aiming to tap into the rising international demand for natural food ingredients.

Canada’s nuclear pitch powers Philippine energy goal

Energy & Mining 0
The Philippines is deepening talks with Canadian engineering and nuclear technology firm AtkinsRéalis as it explores civil nuclear power to bolster long-term energy security, support industrialization, and reduce dependence on imported fossil fuels.

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