Tag: Net Income

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BPI posts ₱16.6B net income in 1Q

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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June inflation slows to 6.4%; rate hike risks linger

Inflation eased for a second straight month in June, offering consumers and businesses some relief from elevated prices, but a pickup in underlying price pressures could keep the Bangko Sentral ng Pilipinas (BSP) on course for another interest rate increase.

Smart, Sam YG teach customers scam safety and responsible digital use

Smart Communications recently held its Smart Customer Day at the SM North EDSA Cyberzone store, combining exclusive treats for subscribers with practical learning on staying safe and smart online.

Philippines hosts global climate fund board meeting in Mandaluyong

The Board of the Fund for Responding to Loss and Damage (FRLD) will hold its ninth meeting from July 8 to 10, 2026, at the Asian Development Bank headquarters in Mandaluyong City. Hosted by the Philippines through the Department of Environment and Natural Resources (DENR), the gathering brings together board members, climate experts, civil society representatives, and government officials to strengthen support for developing nations hardest hit by climate change.

AC Health broadens PhilHealth reach via clinics, pharmacies

AC Health is expanding its support for the government's universal healthcare drive by growing its network of clinics and pharmacies accredited under key Philippine Health Insurance Corp. outpatient benefit programs, widening access to free consultations, laboratory tests, and essential medicines.

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