Business

Ayala Land Inc. (ALI) reported a net income of P17.6 billion for last year, up by 19 percent on consolidated revenues of P107.2 billion which improved by 13 percent mainly attributable to growth drivers comprised of established and emerging estates.

Conglomerate LT Group Inc. through its subsidiary Tanduay Holdings Inc. bought 131,863,677 shares or approximately 4.5 percent of the total outstanding and issued shares of Victorias Milling Corp.(VMC) worth P660 million.

By Jerry Maglunog Banks are busy expanding their consumer-loan program, targeting the salaried sector with mostly thrift banks going head-to-head in this regard.

The Bank of the Philippine Islands (BPI) generated a net income of P18.23 billion in 2015 from P18.04 billion the year before.

Security Bank Corp. (SBC) has received multiple honors from Corporate Governance Asia for its high ethical business standards.

The Board of Investments (BOI) gathered last week representatives of various government agencies to generate insights and recommendations on the proposal to integrate inclusive business (IB) in government policies.

As part of its commitment to help build a digital nation, Globe Telecom is expanding the reach of its nationwide digital solutions caravan for small and medium enterprises (SMEs) through its SME arm Globe myBusiness as it holds the 3rd Globe myBusiness Day in Batangas City.

The European Commission is making available P156.34 million in humanitarian aid to assist people affected both by the aftermath of Typhoon Nona and the prolonged conflict in Mindanao.

Unilab Foundation Inc. has partnered with the Philippine Foundation for Science and Technology (PFST) to address the country’s health literacy gap through Health Science On the Go (HSOTG)–Traveling Science Centrum.

Globe Telecom said its board approved the declaration of a first quarter cash dividend of P22 per share for common shares.