CHINA BANK SAVINGS BOOSTS LOAN-LOSS RESERVES AND POSTS P1.2-B NET INCOME IN FIRST HALF OF 2026
China Bank Savings Inc. (CBS), the country’s second-largest thrift lender by assets, nearly doubled its loan-loss reserves in the first…
Category: Business
SSS INCREASES CENTURY PROPERTIES STAKE TO NEARLY 10%
State-run pension fund Social Security System (SSS) has expanded its position in Century Properties Group Inc. (CPG) to 9.9% following…
FILINVEST REIT NET INCOME SOARS 34% TO ₱874-M IN H1 2026
Filinvest REIT Corporation (FILRT), the real estate investment trust arm of the Gotianun Group, logged a 34% surge in net…
PETRON NET INCOME DROPS 27% IN FIRST HALF OF 2026 MID VOLATILITY AND SHUTDOWNS
Petron Corporation, the country’s sole remaining oil refiner, saw its net income tumble by 27 percent in the first half…
ABS-CBN DENIES TAKEOVER REPORT BY RAMON ANG AND MANNY PANGILINAN
ABS-CBN Corporation has strongly rejected a report by news website Bilyonaryo News claiming that control of the Kapamilya Network will…
MERALCO TO REFUND ₱9.5 BILLION TO CONSUMERS OVER SIX MONTHS
The Philippines’ largest power distributor, Manila Electric Company (Meralco), has pledged to comply with a mandate from the Energy Regulatory…