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Philippines
Friday, March 28, 2025

Jenniffer B. Austria

PH stocks slump on Trump’s tariff worries, track other Asian markets

Philippine stocks fell Thursday as tariff concerns continued to weigh on investor sentiment. The Philippine Stock Exchange index, the local stock barometer, dropped 26.54 points,...

Century Properties’ profit soared 31% to P2.45b in 2024

Century Properties Group Inc.’s (CPG) net income grew 31 percent in 2024 to P2.45 billion from P1.86 billion in 2023, as revenues posted double-digit...

JG Summit’s core profit jumps to nearly P25b

Conglomerate JG Summit Holdings Inc. said Thursday its core profit jumped 29 percent year-on-year to P24.9 billion in 2024, lifted by one-time gain from...

Monde Nissin rebounded to post P450-m profit in 2024

Monde Nissin Corp., the country’s largest instant noodle maker, booked an impairment charge of P6.8 billion in 2024 as its alternative meat business continued...

Stock market unfazed by ‘zero remittance,’ posts modest gains

Philippine stocks posted modest gains Wednesday as investors downplayed the impact of “zero-remittance week”, which is being floated by supporters of former president Rodrigo...

GT Capital’s net earnings decline by 1.7% to P28.8b

GT Capital Holdings Inc., the listed holding company of the Ty family, saw its 2024 net income decline 1.7 percent to P28.8 billion from...

Filinvest reports 36% profit growth to P12.1b in 2024

Filinvest Development Corp. (FDC) of the Gotianun family said Wednesday its net income attributable to equity holders of the parent company climbed 36 percent...

Bautista transfers to PNB as new president, CEO

Philippine National Bank (PNB), the financial arm of beer and tobacco tycoon Lucio Tan, on Wednesday announced the appointment of veteran banker Edwin Bautista...

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