Saturday, May 2, 2026
Today's Print

Tag: first quarter

DPWH to ramp up infra spending in Q1 to boost growth

The Department of Public Works and Highways will increase infrastructure spending early this year to help support economic growth, Public Works Secretary Vince Dizon...

Housing prices increased 7.6% in first quarter of 2025 

Philippine housing unit prices saw an increase in the first quarter of 2025, albeit at a slower pace, driven by higher prices in the...

Maynilad serving 10.5m people in west zone as of first quarter

West Zone concessionaire Maynilad Water Services Inc. is now delivering piped-in water to approximately 10.5 million people as of the first quarter of 2025,...

Foreign debt surged 14% to $146b in Q1

The Philippines’ outstanding external debt surged 14 percent to $146.74 billion in the first quarter of 2025, driven by continued borrowings from the national...

Balance of payments, current account showed deficits in Q1

The Philippines’ balance of payments (BOP) and current account both registered deficits in the first quarter of 2025, data from the Bangko Sentral ng...

Converge keeps 2025 profit guidance after strong Q1

Converge Information and Communications Technology Solutions Inc. said Friday it is maintaining its earnings guidance for 2025, following a strong performance in the first...

Pag-IBIG Fund home loan releases grew 8% to P30.22b in first quarter

Pag-IBIG Fund said Thursday it released P30.22 billion in home loans from January to March 2025, an 8 percent increase—or more than P2 billion...

Tala reports P16-b revenue

Tala, a financial infrastructure company, said it posted a record global annualized revenue run rate of $300 million, or P16 billion as of the...

AbaCore’s profit bounced back to P107m in Q1

AbaCore Capital Holdings Inc. (ABA), a holding company with interests in leasing gaming equipment, gold and coal mining, real estate and financial services, said...

Top Line records 38% profit growth in first three months

Cebu-based fuel company Top Line Business Development Corp. reported a 38 percent increase in net income for the first quarter of 2025 to P37.9...

GT Capital profits grew 29% to P9.14b in Q1

Ty-led GT Capital Holdings, Inc. grew its first quarter net income by 29 percent to P9.14 billion driven by strong performance from operating companies...

NLEX income surged 33% to P3.55b in Q1

NLEX Corp. said over the weekend net income rose 33 percent in the first quarter of 2025 driven by higher traffic and implementation of...

PetroEnergy Q1 profit down on expansion costs

Yuchengco-led PetroEnergy Resources Corp. (PERC) on Friday said expansion and acquisition cut its first quarter earnings to P280.8 million from P321.7 million in the...

CREC net income rose 8% on higher electricity sales in Q1

Citicore Renewable Energy Corporation (CREC) has reported an 8 percent increase in net income to P230 million for the first quarter of 2025 from...
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