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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PAGCOR profit seen plunging below P5 billion in 2026

Philippine Amusement and Gaming Corp. expects full-ayear net profit to plunge to less than P5 billion from P17.46 billion last year, as weaker gaming revenues, economic shocks, and the cost of running its own casinos squeeze the state gaming regulator’s earnings.

DENR pushes bamboo plantations as shields vs El Nino

The Department of Environment and Natural Resources (DENR) is scaling up bamboo plantation development nationwide, positioning the fast-growing plant as a cost-effective, nature-based solution to help communities withstand the harsh effects of the El Niño phenomenon.

FreyFil chief urges young builders to embrace technology, networks

Next-generation entrepreneurs in the Philippine construction industry must pair technological innovation with specialized expertise and strong professional relationships to compete for projects and sustain growth, FreyFil Corp. chairman and president Francis Frederic Cruz said.

Ayala’s P15-B mall reinvestment lifts rents, hotel rates

Ayala Land Inc.’s P15-billion investment in mall upgrades, alongside a broader push to refresh its hospitality portfolio, is beginning to deliver stronger returns as the property developer adapts to changing consumer behavior in the post-pandemic market.

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