 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 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.
 Security Bank is ramping up its support for Micro, Small, and Medium Enterprises (MSMEs) with the official launch of its Business Elite Program, a specialized banking proposition designed to provide tailored financial solutions, operational support, and exclusive benefits to growing businesses.
Pag-IBIG Fund Partners with Golden Haven Memorial Park to Expand Loyalty Card Plus Benefits4/27/2025  Image Courtesy: Golden Haven. The first ever partnership between Pag-IBIG Fund and a Memorial Care provider. Pag-IBIG Fund has partnered with Golden Haven Memorial Park to bring special discounts for Pag-IBIG Loyalty Card Plus holders, enhancing member benefits well beyond their working years. The agreement signing was led by Pag-IBIG Fund CEO Marilene C. Acosta and Golden Haven Memorial Park President Estrelita S. Tan, with Pag-IBIG Fund Deputy CEOs Alexander Hilario Aguilar and Benjamin Felix Jr. also in attendance.
San Miguel Opens 2nd BUCAS Center with DOH, Helps Expand Access to Urgent Care for Filipinos4/27/2025  The Department of Health (DOH) and San Miguel Corporation (SMC), through its San Miguel Foundation, Inc. (SMF), opened recently a second Bagong Urgent Care and Ambulatory Services (BUCAS) Center, further strengthening their pioneering partnership to bridge public healthcare gaps especially for the poor.
 The Jollibee Group, one of the world’s fastest-growing restaurant companies, has once again been recognized for its commitment to fostering a joyful workplace culture. For the fourth time, the company has received the Gallup Exceptional Workplace Award (GEWA)—a prestigious global recognition given to organizations that set the benchmark for employee engagement and performance.
 On April 22, 2025, Google AdSense announced certain Policy Center enhancements to assist publishers in better understanding, prioritizing, and resolving concerns.
 (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 Corporation (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.
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