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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NOW Telecom seeks review of P4-B NTC fee assessment, cites calculation discrepancies

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NOW Telecom Co. Inc. is contesting a P4.043-billion assessment on supervision and regulation fees from the National Telecommunications Commission, filing a formal request to review and reconcile charges dating back to 2005.

Meralco raises October electricity rates by ₱0.32 per kWh after consecutive price cuts 

Energy & Mining 0
Following back-to-back price cuts in previous months, the Manila Electric Company (Meralco) on Monday announced an electricity rate increase of ₱0.3191 per kilowatt-hour (kWh) for October. The adjustment pushes the overall rate for a typical household to ₱15.0615 per kWh, up from ₱14.7424 per kWh in September.

Refurbished device rules won’t kill second-hand market – NTC

Communications & Technology 0
The National Telecommunications Commission (NTC) has issued proposed guidelines governing the importation and sale of refurbished mobile devices, clarifying that the framework is not intended to do away with the existing second-hand market, but rather to safeguard consumers while maintaining access to more affordable technology.

Recycled plastic chairs donated to Misamis Occidental school

Social Responsibility & Sustainability 0
Discarded plastic waste has found new purpose at Clarin Elementary School, where 50 brand-new classroom chairs made entirely from recycled materials were turned over to students this week.

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