PSBank maintains strong capital position, posts P1.61B profit
Philippine Savings Bank (PSBank) recorded a net income of P1.61 billion in the first nine months of 2026, supported by steady core revenues…
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BUSINESS
Business news, markets, economy, and industry coverage from the Philippines — Daily Tribune.
RLC profit climbs 11% to 12.4B
Robinsons Land Corp. (RLC) posted an 11-percent increase in consolidated net income to P13.4 billion in the first nine months of 2026,…
URC core profit jumps 21% to P2.4 in Q3
Universal Robina Corp. (URC) reported a 10-percent increase in third-quarter net income from continuing operations to P2.6 billion, while…
PBB nets P445M as core income surges 46.6%
Philippine Business Bank (PBB) reported a net income of P444.7 million in the third quarter of 2026, as stronger lending activity and…
FILRT earns 4th straight Golden Arrow Award
Filinvest REIT Corp. (FILRT) received its fourth consecutive Golden Arrow Award, extending its corporate governance recognition to four…
Converge net incomes reaches 8.1B
Converge Information and Communications Technology Solutions Inc. recorded net income of P8.1 billion in the first nine months of 2026,…
Anko eyes wider Phl expansion amid strong demand
Australian home and lifestyle retailer Anko is targeting a nine-store network by the end of the year to sustain consumer demand.
No decision yet on Consing’s Maharlika term extension—Palace
An official of Malacañang Palace said that no information yet on whether the term of Maharlika Investment Corporation (MIC) president and…
Over 300 Filipino firms target global buyers
More than 300 Filipino businesses are presenting their products and services to prospective international buyers at a major trade…
DMCI profit jumps 28% to P15B
DMCI Holdings Inc. reported a 28 percent increase in consolidated net income to P15 billion in the first nine months of 2026, driven by…
ACEN infuses P35M into energy services arm
Ayala-led renewable energy firm ACEN Corp. is injecting P35.25 million into its wholly owned operations subsidiary to strengthen the…
D&L profit rises on food business rebound
D&L Industries Inc. posted a 15-percent increase in net income to P2.24 billion in the first nine months of 2026, driven by a strong…
Biggest fuel relief yet? Gasoline seen down P13.50
Motorists could get a massive reprieve at the pumps next week, with gasoline prices poised to plunge by up to P13.50 per liter, potentially…
Nearly 900,000 more Filipinos jobless
Nearly 900,000 more Filipinos were unemployed in September compared with a year earlier, as the country struggled to generate enough jobs…
Farm, fisheries output sinks 5% in Q3
The Philippine agriculture and fisheries sector suffered a sharp contraction in the third quarter of the year as steep declines in rice,…
Loan growth lifts Chinabank profit to P22.6B
Fueled by robust lending growth and stronger interest earnings despite higher operating expenses, Chinabank booked a 12-percent increase in…
$1-M AI push targets higher-value outsourcing jobs
‘Through our community efforts and partnerships with universities, we expect to build a pool of about 1,000 to 2,000 FDEs for the…
Maharlika eyes P4-B investments before year-end
MIC President and Chief Executive Officer Rafael Consing Jr. said the fund is evaluating opportunities in utilities and infrastructure,…
