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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VSTECS named Fastly distributor in PH

VSTECS Phils., Inc. has been appointed as the official Philippine distributor of Fastly, Inc., a global edge cloud platform provider.

Prime Infra, not Lopez, pushed “key man” clause in hydro deal — First Gen

First Gen Corporation on Thursday stressed that it was Prime Infrastructure Capital, Inc. (Prime Infra)—not its chairman and CEO Federico “Piki” Lopez—that insisted on including “Key Man” or Change of Management Control (CMC) provisions in their hydro power agreements.

Philippines launches safeguard probe into rice imports officially

The Philippines has launched a safeguard investigation into rice imports, intensifying scrutiny over rising inflows that policymakers say may be undermining the domestic farming sector. 

Clark Picnic Grounds opens April 18 Freeport boost 

The Clark Picnic Grounds is set to open to...

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