LONDON – The national airline of the Philippines, Philippine Airlines, Inc. (PAL) posted a record operating income of US$125 Million (PHP 6.6 Billion) and a net comprehensive income of US$71 Million (PHP 4.2 Billion) for the first half of this year.

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The Bank of the Philippine Island on Thursday said its second quarter net income hit P12.5 billion, up 82.9 percent.

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Leading conglomerate SM Investments Corp. (SMIC) delivered P25.5 billion in first half net income, 27-percent better than its profit in the same period last year, as core retailing, property and banking businesses all grew at a robust pace.

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The Land Bank of the Philippines saw a 94% growth in its first-half net income, driven mainly by higher lending activity and cost-saving measures during the period.

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Philippine Airlines posted a comprehensive net income of $71 million (P4.2 billion) in the first half of 2022 driven by the continued recovery from the pandemic, its operator PAL Holdings said Thursday.

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Consolidated core net income of Manila Electric Company (Meralco) inched up by 15-percent in the first half this year to P13.1 billion from P11.399 billion in the same period last year, primarily due to six percent increase in energy sales, ...

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Local fast food giant Jollibee Foods Corp. said its income grew more than threefold to P5.09 billion in the first half from last year's P1.12 billion on the back of its record-high system-wide sales in the second quarter. System-wide sales, a measure ...

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Philippine Airlines posted a record first half profit with net income at $71 million. It generated revenue of $1.1 billion which representing a 258% jump, PAL Holdings said. It marks the first profitable half-year result for the airline since well ...

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Philippine Airlines Inc. continues its ascent following the completion of the company's financial restructuring, registering the first positive first half results since 2016.

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BEIJING -- China's real estate slump has sucked in both banks and provincial governments, threatening a bigger impact on the world's second-largest ec.

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Trump's latest run-in with the law saw him pleading the Fifth after being deposed by New York Attorney General Letitia James for an ongoing investigation.

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Seoul, Aug 12: In a major turn of event in South Korean economic-political scene, Samsung heir Lee Jae-yong was granted special presidential pardon on Friday after being convicted of bribery. The vice chairman of the global tech giant is the latest top ...

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It is no more news that Artificial Intelligence (AI) growth can be attributed to Digital Innovation and the evolution of technology. Globally, countries are grappling with ways to manage the exponential growth of new and emerging technologies to ...

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Import prices fell more than expected and brought some some much-needed good news for consumers. That news followed reports earlier in the week that both wholesale and retail price increases abated for the month. Taken together, the numbers are reason ...

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The move, which has overwhelming public support in South Korea, allows Jay Y. Lee to formally resume control of the conglomerate.

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Donald Trump has invoked his Fifth Amendment right to remain silent in a civil case, and if he ever stands trial on criminal charges, neither a judge or a jury may take that as evidence of guilt. But in the court of common sense, we are entitled to ...

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The timing of South Korea's announcement on Friday to pardon Samsung Electronics Vice Chairman Lee Jae-yong, which has sparked widespread backlash in South Korea, gained global attention and sparked speculations about the implications of the move amid ...

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