SAN MIGUEL REPORTS 48% DROP IN Q1 NET INCOME DESPITE 19% REVENUE SURGE
Conglomerate San Miguel Corporation (SMC) navigated a complex financial landscape in the first quarter of 2026, reporting a 48.1% drop…
Category: Business
HIGHER COSTS, MEDIA LOSSES TRIM LOPEZ HOLDINGS Q1 NET PROFIT TO ₱2.71B
Lopez Holdings Corporation reported a slight 1% dip in its first-quarter net income to ₱2.71 billion, as surging operational expenses…
GMA NETWORK FIRST-QUARTER PROFITS PLUNGE 87% AS ADVERTISERS SHIFT DIGITAL
GMA Network’s first-quarter net income collapsed by 87 percent, a downturn the media giant attributes to a sharp decline in…
PIKI LOPEZ SIGNALS POTENTIAL DE-ESCALATION IN FAMILY DISPUTE AMID CORPORATE STABILITY
The internal rift within the Lopez clan may be approaching a strategic pause. Federico “Piki” Lopez, President and CEO of…
BPI FACES TEMPORARY SYSTEM DOWNTIME ON PAYDAY FRIDAY
MANILA, Philippines — Thousands of clients of the Bank of the Philippine Islands experienced inconvenience on Friday after the bank…
MERALCO ANNOUNCES SURPRISE RATE REDUCTION FOR MAY AMID REGULATORY CUSHION
The Manila Electric Company (Meralco) surprised consumers on Wednesday by announcing a marginal reduction in electricity rates for May, defying…