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 (L-R): Metropolitan Bank & Trust Company Executive Vice President and Head of Institutional Banking Sector Mary Mylene A. Caparas; China Banking Corporation Executive Vice President and Head of Institutional Banking Segment Lilian Yu; MGEN President and CEO Emmanuel V. Rubio; BDO Unibank, Inc. President Nestor V. Tan; Meralco Chairman and CEO Manuel V. Pangilinan; Security Bank Executive Vice President and Head of Wholesale Banking Segment John Cary L. Ong; MTerra Solar President and CEO Dennis B. Jordan; Philippine National Bank President Florido P. Casuela; and Bank of the Philippine Islands Senior Vice President and Head of Commercial Banking Luis Geminiano E. Cruz. Meralco PowerGen Corporation (MGEN), through its affiliate Terra Solar Philippines Inc. (MTerra Solar), has closed the Philippines’ largest syndicated loan at P150 billion to fund the world’s biggest integrated solar and battery energy storage project. The project, which will deliver 3,500 MWp of solar and 4,500 MWh of battery energy storage capacity, is a critical step in meeting the country’s goal of 35% renewable energy share by 2030, and 50% by 2040.
 ISI E-Beam, a wholly owned subsidiary of A Brown Company, has announced a strategic investment of P12.5 million in Accudata Analytical Labs Corporatioon (Accudata), acquiring a 35% equity stake. This partnership aims to enhance ISI E-Beam’s microbiological testing capabilities and expand its integrated service offerings to clients across the food, pharmaceutical, and medical sectors.
 President and CEO Nestor V. Tan reported during BDO Unibank, Inc.’s (BDO) 2025 Annual Stockholders’ Meeting that the Bank recorded a net income of P82.0 billion in 2024, up by 12% from P73.4 billion in 2023. The expansion was driven by a strong balance sheet and growth across core businesses such as loans and fee income, resulting in a Return on Common Equity (ROCE) of 15.1%.
San Jose Solar Power Project Secures Final Grid Connection, Readies for Commercial Operations4/25/2025  SJPP PV panels viewed from control building balcony The Yuchengco-backed 19.6MWdc San Jose Solar Power Project (SJSPP) successfully secured the Final Certificate of Approval to Connect (FCATC) from the National Grid Corporation of the Philippines (NGCP) on April 14, 2025, setting the facility for commercial operations. Developed by San Jose Green Energy Corporation (SJGEC), a subsidiary of Rizal Green Energy Corporation (RGEC), the facility started exporting clean and renewable power to the Luzon grid last December 21, 2024 as part of its commissioning tests. RGEC is a joint venture of PetroGreen Energy Corporation (PGEC) and Japan’s TAISEI Corporation.
 Philippine Airlines, Inc. (PAL) maintained its streak of continued profitability with a net income of USD77 Million (P3.9 Billion) in the first quarter of 2025, the airline’s 14th consecutive positive quarter since the pandemic.
 BDO Unibank, Inc. (BDO) recorded a net income of P19.7 billion in Q1 2025, vs. P18.5 billion for the comparable period a year ago, driven by sustained performance across its core businesses. Return on Average Common Equity (ROCE) was at 13.8% for the period.
 Philex Mining Corporation generated P71 million core net income and an EBITDA of P329 million for 1Q 2025 compared with the P105 million core net income and EBITDA of P295 million for 1Q 2024. Reported net income reached P131 million in 1Q 2025, 14% higher compared with P115 million in 1Q 2024.
 The Board of Directors of Filinvest Development Corporation (FDC), in a meeting held on April 25, 2025, approved the declaration of cash dividends amounting to P0.14027 per share to all stockholders on record as of May 19, 2025 and payable on June 10, 2025. The amount represents an increase of 36 percent from the previous year, and a 2.8 percent yield based on FDC's end-December 2024 share price.
 Investagrams (Investa) has released an official statement regarding the issues involving Mr. John Michael Lapiña, who was formerly associated with the company.
 PXP Energy Corporation's (PXP) core net loss stood at P9.2 million (1Q 2024: P2.6 million), following a lower volume and decrease in price from crude oil sold by Galoc operations and an increase in overhead. Consolidated net loss attributable to equity holders of the parent company amounted to P9.4 million (1Q 2024: P2.6 million).
 Chinabank (CBC) announced that a regular cash dividend of P1.50 per common share and an additional P1.00 per common share special dividend — P6.7 billion in total — have been declared by its Board of Directors, payable on May 22, 2025 to shareholders on record as of May 9, 2025. The higher regular cash dividend marks a 25% uptick from the P1.20 per common share paid in 2024.
EastWest Declares P1.5 Billion in Dividends as Bank Celebrates Strongest Financial Performance Yet4/25/2025  East West Banking Corporation (EW) has declared a P1.5 billion cash dividend, equivalent to P0.68 per share for all shareholders on record as of May 12, 2025. The dividend will be paid on May 31, 2025.
 President Ferdinand R. Marcos Jr. and PLDT Chairman Manuel V. Pangilinan led the inauguration of VITRO Sta. Rosa (VSR), the country’s first hyperscale data center built specifically for Artificial Intelligence (AI) workloads. Located in Laguna’s fast-growing tech corridor, VSR is developed by VITRO Inc., a subsidiary of ePLDT and the data center arm of PLDT.
PLDT Global, Share Treats Offer Seamless E-Gifting Services for Overseas Filipino Families4/24/2025  PLDT Global President and CEO Albert V. Villa-Real and Share Treats Group Head, Strategic & Merchant Partnerships Vanessa Lee Cartera at the ceremonial signing event in Makati City PLDT Global Corporation has teamed up with multinational e-commerce company Share Treats to offer a seamless e-gifting solution through the Tindahan ni Bossing (TinBo) app. This partnership aims to bridge the distance between loved ones by providing a convenient way to send and receive digital gifts.
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