Tuesday, March 24, 2026
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Edu Lopez

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PSE advances full Acquisition of PDSHC with additional share purchases from MUFG and Mizuho

The Philippine Stock Exchange, Inc. (PSE) announced today that it has entered into a Share Purchase Agreement with MUFG Bank, Ltd. (“MUFG”) to acquire...

Chinabank posts P6.5B Q1 2025 net income, driven by core business growth

Chinabank reported a solid start to 2025, posting a net income of P6.5 billion in the first quarter—a 10% increase from the same period...

Concreat Holdings Phils. boosts cement output by 26% with new Solid Cement Plant line

Concreat Holdings Philippines, a majority-owned subsidiary of DMCI Holdings, has fully commissioned a new production line at its Solid Cement Plant in Antipolo City,...

SMPC posts P4.4B Q1 2025 net income amid coal price normalization

Integrated energy company Semirara Mining and Power Corporation (SMPC) reported a 33% year-on-year decline in net income to P4.4 billion for the first quarter of...

Top Line achieves record growth, eyes expansion with P732.6M capital boost

Top Line Business Development Corp. (Top Line) is set to accelerate the expansion of its retail footprint and operational capabilities, following the successful infusion...

Megawide doubles 2024 net income to Php538M, eyes scalable growth across emerging platforms

Megawide Construction Corporation (Megawide) posted a net income of Php538 million in 2024, doubling its previous year’s earnings of Php269 million, driven by strong...

PSBank posts PhP 1.21B Q1 profit on strong lending, cost discipline

PSBank, the thrift banking arm of the Metrobank Group, reported a net income of PhP 1.21 billion for the first quarter of 2025, a...

Security Bank acquires 25% stake in Home Credit Philippines

Security Bank Corporation, one of the Philippines’ leading universal banks, has acquired a 25% equity stake in HC Consumer Finance Philippines, Inc. (HCPH), more...

PDIC to sell 76 properties via online public bidding on May 28–29, 2025

The Philippine Deposit Insurance Corporation (PDIC) will conduct an electronic public bidding (e-bidding) for 76 properties on May 28 and 29, 2025. These assets—consisting...

Bucana Bridge nearing completion, set to boost Davao connectivity

The Department of Public Works and Highways (DPWH) has reported significant progress on the Davao River (Bucana) Bridge Project, which is now in its...

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