Finance

Finance

Metro Retail Posts PHP50 Million Net Income in Q1 2024, Maintains Positive Outlook

Finance
The Philippines has secured another $500 million for renewable energy, for an estimated total of over $2.3 billion in the pipeline for the energy transition.

Philippines Secures $500M from Global Fund for Renewable Energy

Finance
San Miguel Corporation (SMC)'s net income for the first quarter was down 50% year over year due to foreign exchange challenges.

San Miguel Corporation Q1 Profit Declines 50% on Forex Challenges

Finance
GT Capital Holdings, Inc. increased its core net income by 7% to PHP 7.06 billion in the first quarter from PHP 6.56 billion in the same period last year.

Metrobank, Toyota Philippines Lead GT Capital Results Growth in Q1

Finance
Filinvest Development Corporation (FDC) posted a year-over-year increase of 36% in net income aof PHP 2.9 billion in the first quarter.

Filinvest Q1 Profit Surges with 36% Jump

Finance
Ayala Land, Inc. posted net income of PHP 6.3 billion, an increase in profit of 39% year over year, sustained by “healthy property demand and consumer activity.”

Ayala Land Boosts Profit 39% YOY as Revenues Surge

Finance
MerryMart reported a lower full-year profit as it invests in long-term growth while its wholesale business is in “scale-up stage.”

MerryMart Posts Lower Full-Year Profit, Aims for Long-Term Growth

Finance
The Bangko Sentral is expected to keep interest rates high amid an increase in prices and a delay in the United States’ rate cut.

Philippine Interest Rates to Remain High in the Coming Months

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