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.
The Philippines is sharpening its pitch for Japanese capital, formalizing a three-way partnership between the Board of Investments (BOI), Sumitomo Mitsui Banking Corp. (SMBC), and Rizal Commercial Banking Corp. (RCBC).
Aboitiz InfraCapital Inc. (AIC) is bracing for potential headwinds to its airport business if tensions in the Middle East drag on and keep fuel prices elevated, a scenario that could begin to bite as early as June.
The Department of Energy (DOE) has recognized MORE Electric and Power Corp. (MORE Power) and Negros Electric and Power Corp. (Negros Power) for timely and complete compliance with key reportorial requirements, highlighting the growing role of high-quality data in managing the country’s power system amid rising demand.
Ayala Malls is accelerating its shift to clean energy, with renewable sources now powering nearly its entire portfolio as the company deepens sustainability efforts while managing costs and growth.