ABS-CBN REVENUE DROPS 21% IN Q1 2026; EYEING RECOVERY WITH STAR LINEUP
ABS-CBN Corporation reported a 21% decline in consolidated revenue to ₱3.33 billion for the first quarter of 2026, primarily dragged…
Category: Business
BPI RESTORES ATMS AND DEBIT CARD SERVICES FOLLOWING NATIONWIDE SYSTEM GLITCH
The Bank of the Philippine Islands (BPI) announced late Friday night that it has partially resolved a major system glitch,…
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…
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…