At Filinvest Development Corporation's (FDC) annual stockholders' meeting, the conglomerate expressed confidence in the growth trajectory of its core businesses, reporting a robust 58% increase in both Earnings Per Share (EPS) and Dividends Per Share (DPS), in line with its net income increase in 2023. This demonstrates FDC's commitment to providing improved value to shareholders by efficiently turning profitability into higher earnings per share while driving quicker growth over the next five years.

Megaworld, a pioneering township developer, is creating a modern museum within its 30-hectare The Mactan Newtown in Lapu-Lapu City, Cebu, as an ode to the island's cultural and historical significance.

Filinvest REIT Corp. (FILRT), as part of its commitment to sustainability, announces the successful conversion of five of its office building properties to renewable energy sources through the government's Green Energy Option Program (GEOP). The decision demonstrates FILRT's dedication to environmental responsibility and represents a significant step forward in the company's journey toward a greener future.

The Securities and Exchange Commission (SEC) has cancelled the lending license of Copperstone Lending, Inc., which operates online lending platforms (OLPs) Quickla, Pococash, Blue Peso, Peso Forrest, Moca Moca, Pesobuffet, and Load Cash, for its unfair debt collection practices and its failure to disclose the true and correct terms of loan contracts with borrowers.

The SM group continues to expand its presence nationwide to serve more Filipinos and communities.

A significant increase in the dividend payment to shareholders was declared by SM Investments Corporation (SM Investments). The Board of Directors approved a 20% increase in dividend payout from the previous year, in response to a year of solid performance and strategic growth initiatives.

Concepcion Industrial Corporation (CIC), the country's leading provider of consumer lifestyle and industrial solutions, reported consolidated earnings of P186 million in the first quarter of 2024, more than doubling those from the previous year. The significant gain was driven by increased volume, which was mostly due to stronger retail presence and distribution networks, a broader product portfolio, and the influence of the current hot weather conditions.

Pryce Corporation's (PPC) first-quarter 2024 net income increased by 39.50%, from P511.54 million in 1Q-2023 to P713.68 million in 1Q-2024. This growth is mostly driven by higher Liquefied Petroleum Gas (LPG) margins, particularly in the Luzon market.

PXP Energy has announced its financial and operating expenses for the first quarter of 2024. Core Net Loss dropped to P2.6 million (1Q 2023: P6.6 million) due to increased crude oil sales from Galoc operations, lower recurrent expenses, and greater interest income. The consolidated net loss attributable to equity holders of the parent company also decreased to P2.6 million (2023: P6.1 million).

The Securities and Exchange Commission (SEC) is working with Google and Apple for the removal of applications operated by cryptocurrency giant Binance in app marketplaces accessible in the Philippines.