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Ayala Corporation Builds on Strongest Year Ever, Eyes More Connected Group

4/29/2025

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Ayala Corporation Builds on Strongest Year Ever, Eyes More Connected Group
​Ayala Corporation is looking to build on its strongest year ever by sustaining efforts to work together as a more connected Group that delivers greater value to stakeholders.

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Cemex Philippines Rebrands to Concreat Holdings Philippines Following SEC approval

4/29/2025

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Cemex Philippines Rebrands to Concreat Holdings Philippines Following SEC approval
​Cemex Holdings Philippines is now officially Concreat Holdings Philippines, Inc. following the approval of the Securities and Exchange Commission (SEC) on April 25.

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PNB’s Net Income Rises by 15% to P6.1 Billion in 1Q 2025

4/29/2025

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PNB’s Net Income Rises by 15% to P6.1 Billion in 1Q 2025
Philippine National Bank (PNB) posted a consolidated net income of P6.1 billion in the first three months of 2025, up by 15% against the same period last year.

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UnionBank Sustains Revenue Growth Momentum in 1Q 2025

4/28/2025

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UnionBank Sustains Revenue Growth Momentum in 1Q 2025
​Unionbank of the Philippines generated P19.4 billion in revenues in the first quarter, translating to a year-on-year growth of 8.4%. Topline performance continues to be driven by a growing consumer business, expanding net interest margin, and increasing fee-based revenues.

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BPI Announces Upcoming BPI SINAG Bonds Issuance

4/28/2025

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BPI Announces Upcoming BPI SINAG Bonds Issuance
​The Bank of the Philippine Islands (“BPI”) intends to offer and issue P5 Billion Peso-denominated fixed-rate BPI Supporting Inclusion, Nature, and Growth Bonds due 2026 (the “BPI SINAG Bonds”), with an option to upsize, marking the inaugural tranche under BPI’s P200 Billion Bond and Commercial Paper Program approved by its Board of Directors on October 16, 2024 (the “Offer”). The net proceeds of the Offer will be used for the financing or refinancing of eligible projects under BPI’s Sustainable Funding Framework consistent with the ASEAN Sustainability Bond Standards. The BPI SINAG Bonds, which will have a tenor of one and one-half (1.5) years, will carry the “ASEAN Sustainability” label, as affirmed by the Securities and Exchange Commission on March 17, 2025.

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Pryce Corporation's Net Income Up By 48.8% in 1Q 2025

4/28/2025

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Pryce Corporation's Net Income Up By 48.8% in 1Q 2025
​Pryce Corporation (PPC) attained an increase of 48.8% in its net income for the first quarter of the year 2025 (1Q 2025), at P1.06 billion. This compares with the previous net income of P713.67 million for the comparable quarter last year. This increase could be attributed to PPC’s growth of 8% in its LPG retail sales volume in the VISMIN area as well as a gain in marketable securities of P362 million.

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Concepcion Industrial Kicks Off 2025 with 55% Earnings Surge and Strong Revenue Growth

4/28/2025

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Concepcion Industrial Kicks Off 2025 with 55% Earnings Surge and Strong Revenue Growth
​Concepcion Industrial Corporation (CIC), the country’s leading provider of consumer lifestyle and enterprise solutions, started the year strong, reporting a 55% increase in consolidated earnings to P287.4 million for the first quarter. The solid performance was underpinned by robust sales growth, disciplined cost management, and higher equity earnings from associate, Concepcion Midea Inc. (CMI).

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Meralco's CCNI Rose 10.8% to P11.2 Billion in 1Q 2025

4/28/2025

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Meralco's CCNI Rose 10.8% to P11.2 Billion in 1Q 2025
Manila Electric Company (Meralco) reported consolidated core net income (CCNI) rose 10.8% to P11.2 billion in 1Q 2025.

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PNB Profit Peso Bond Fund Sees Success at Vision 2025 with Best Managed Fund Award

4/28/2025

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PNB Profit Peso Bond Fund Sees Success at Vision 2025 with Best Managed Fund Award
From left to right: CFAP BMFOY Committee Member Graccino Ranay, CFA, Event Host Darwin Saribay, CFA, PNB Investment Management Division Head Dennis Anthony Elayda, PNB Fund Management Department Head Katherine Pagal, PNB Portfolio Manager Joseph Bitancor, PNB Fund Manager Vea Mariella Tan and CFAP President and Chairman of the Board John Balce, CFA
​Philippine National Bank’s (PNB) Profit Peso Bond Fund was recognized as one of the Best Managed Funds for 2025 under the Intermediate Term Bond Funds using pure FVPL valuation category. The award was presented at the “Vision 2025: Market Forecast and Fund Excellence” event hosted by the Chartered Financial Analyst (CFA) Society of the Philippines at Discovery Primea, Makati City.

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Chinabank Declares Higher Cash Dividends, Highlights Robust Performance at 2025 Stockholders’ Meeting

4/28/2025

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Chinabank Declares Higher Cash Dividends, Highlights Robust Performance at 2025 Stockholders’ Meeting
Chinabank Chairman Hans T. Sy (2nd from right) and President & CEO Romeo D. Uyan Jr. (rightmost), with (from left) Assistant Corporate Secretary Rikki Daniele Louis A. Dela Paz, independent directors Margarita L. San Juan and Claire Ann T. Yap, and Corporate Secretary Leilani B. Elarmo
​Chinabank reaffirmed its customer focus and continued strength and resilience at its Annual Stockholders’ Meeting on April 24, 2025.

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