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.
Ayala Land is deepening its push into stable, recurring income streams with the opening of Ayala Malls Arca South, a 100,000-square-meter retail hub set to anchor long-term commercial activity in its emerging Arca South estate.
LT Group Inc., the holding company of tycoon Lucio Tan’s businesses, said it will keep its planned capital spending for the year at P6 billion up to P8 billion, but is reviewing the plan due to uncertainty linked to the conflict in the Middle East.
Globe At Home is giving its customers a free internet speed upgrade of up to 1Gbps as part of its effort to help Filipino households cope with rising living costs and the ongoing energy situation.