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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Meralco advances nuclear push with SMR feasibility study, partnering global and local experts

Energy & Mining 0
The Manila Electric Co. (Meralco) and its power generation arm Meralco PowerGen Corp. (MGEN) are moving forward in their pursuit of nuclear energy, launching a comprehensive feasibility study for small modular reactors (SMRs) that could reshape the country’s power supply for both the industry and consumers.

Metro Pacific Water to pour P23 billion into PH, Vietnam projects over 5 years

Corporate 0
Metro Pacific Water (MPW) plans to invest up to P23 billion over the next five years to upgrade and expand water services across the Philippines and Vietnam, the firm announced Tuesday.

Meralco secures lowest bids for 600MW supply; three power firms win capacity shares

Energy & Mining 0
The Manila Electric Company (Meralco) has locked in the most competitive bids for its 600-megawatt power supply requirement under the government-mandated Competitive Selection Process (CSP), marking a key milestone in securing long-term, cost-effective electricity for its customers.

Metro Manila air quality drops to unhealthy levels across all stations due to Indonesia haze 

Environment 0
The Department of Environment and Natural Resources — Environmental Management Bureau (DENR-EMB) confirmed Tuesday that fine particulate matter (PM2.5) reached unhealthy levels at every monitoring station in Metro Manila, driven by smoke and haze from ongoing forest fires in Kalimantan, Indonesia carried here by prevailing winds.

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