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.
San Miguel Corp.’s power generation arm, San Miguel Global Power Holdings Corp., has approved the issuance of up to $300 million worth of senior perpetual capital securities.
Electricity consumers will pay slightly lower transmission charges in their January 2026 power bills, the National Grid Corporation of the Philippines (NGCP) said.
Jollibee Foods Corp. said Wednesday it will continue focusing on growing its business even as it moves forward with plans to spin off its international operations.
Property giant Megaworld Corp. is expanding its office platform with the launch of a new leasing group, a move aimed at reinforcing its position as the Philippines’ largest office developer while advancing its goal of building a 2-million-square-meter leasable office portfolio.