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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MAP backs Pax Silica with safeguards for national interest

Trade & Investments 0
The Management Association of the Philippines (MAP) has thrown its support behind the proposed Pax Silica Initiative, calling it one of the country's biggest economic opportunities in decades while urging the government to negotiate from a position of strength and ensure robust safeguards protect national interests.

Temasek-backed deal lifts Philippine AI startup ambitions

Communications & Technology 0
A strategic investment by Singapore's Temus in Filipina-founded Thinking Machines Data Science is reinforcing investor confidence in Philippine-built artificial intelligence, as demand for enterprise AI solutions accelerates across Southeast Asia.

MREIT earnings climb as dividends rise on expansion

Property 0
MREIT Inc., the real estate investment trust backed by Megaworld Corp., posted a robust first-half performance as recent acquisitions, higher occupancy, and tighter cost controls combined to lift earnings and support bigger shareholder payouts despite a challenging operating environment.

PAGCOR revenue falls as gaming slowdown cuts earnings

Sports & Entertainment 0
The Philippine Amusement and Gaming Corporation (PAGCOR) posted a sharp decline in first-half revenues as softer gaming activity, particularly in its electronic gaming business, offset continued growth in government remittances.

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