OceanaGold profit jumps fivefold on gold rally
Buoyed by soaring gold prices, OceanaGold (Philippines) Inc. saw first-quarter net income jump almost fivefold to $34.7 million as its Didipio mine delivered…
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Buoyed by soaring gold prices, OceanaGold (Philippines) Inc. saw first-quarter net income jump almost fivefold to $34.7 million as its Didipio mine delivered…
· 1 min read
Metropolitan Bank & Trust Company (Metrobank) reported a net income of P12.6 billion in the first quarter of 2026, supported by steady asset expansion,…
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He said recovered funds could be redirected to drivers and operators to ease their burden.
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The oil company he controls, he assures Filipinos, will keep margins ‘normal’ or even lower them.
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Global prices have spiked due to the disruptions in the Strait of Hormuz. Local pump prices are among the highest in Southeast Asia.
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While its international offensive supports an impressive narrative, the multinational giant’s overseas operations are not delivering convincing numbers and are…
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During past price spikes, major oil multinationals posted record windfall profits in the billions while consumers absorbed the pain.
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BDO Unibank Inc. has posted a record net income of P87.2 billion in 2025, up six percent from P82.0 billion a year earlier, driven by expansion across its core…
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OceanaGold (Philippines), Inc. reported a full-year net income of $77 million for 2025, more than double the $30.3 million earned in 2024, as strong gold…
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The Bank of the Philippine Islands (BPI) capped 2025 with a net income of P66.62 billion, up 7.4 percent from the previous year, supported by strong revenue…
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Environmental watchdogs are wary of San Miguel Corp.’s newfound strength in government and business.
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Flag carrier Philippine Airlines (PAL) soared to a net income of $159 million in the first nine months of the year, up 17 percent from a year ago, riding the…
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The Bangko Sentral ng Pilipinas (BSP) highlighted strong fundamentals and continued growth momentum in the Philippine banking sector during the first half of…
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For the third quarter alone, earnings dropped 33 percent to P2.7 billion as a result of sustained pressure from volatile energy prices, weather-disrupted…
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East West Banking Corporation (EastWest) posted a net income of P6.6 billion in the first nine months of 2025, driven by strong core revenue growth. The figure…
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Profits from China’s industrial sector fell sharply in May, raising fresh questions about the effectiveness of Beijing’s economic recovery efforts. New data…
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Nike reported lower quarterly profits Thursday on increased logistics spending and a hit from product markdowns, as it pivots in a fast-changing consumer…
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