Tag: PNB

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PNB reports 22% profit growth in H1

Banking & Insurance Context.ph Context.ph -
Philippine National Bank, the country’s 8th lender by assets, posted a net income of P12.5 billion for the first half, a 22 percent increase driven by sustained improvements in core revenues. The revenue gains were primarily fueled by net interest income and net service fees and commissions. 

LT Group reports 14% rise in net income in 2024

Corporate Context.ph Context.ph -
The LT Group Inc., the holding company led by tycoon Lucio Tan, reported a 14 percent increase in attributable net income in 2024 reaching P28.92 billion, up from P25.42 billion in 2023. The performance was driven by strong contributions from its tobacco, banking, and alcohol segments.

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Michelin Guide expands tire brand’s Philippine reach

Lifestyle 0
Michelin is best known for keeping vehicles moving, but in the Philippines, its famous name is now also helping put restaurants, destinations, and Filipino cuisine in the international spotlight.

SM lets demand, infrastructure guide mall growth

Property 0
SM Supermalls is taking a demand-first approach to mall expansion, using tenant appetite, occupancy levels, local business activity and planned government infrastructure to decide where to deploy fresh capital.

Philippines becomes ASEAN model for next-generation 911

Communications & Technology 0
The Philippines is emerging as a regional template for modern emergency response, with Thailand, Indonesia, and Vietnam looking at the country’s next-generation 911 system as they explore upgrades to their own aging emergency communications infrastructure.

But First, Coffee grows through inclusive hiring

Economy 0
What began as a one-person coffee business during the pandemic has grown into a nationwide enterprise employing thousands of workers, proving that a small startup can build a bigger business by widening access to opportunity.

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