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Economy

EconomyForex

Petron profit up 64% to P8B on higher fuel demand

By
November 8, 2022
2 Mins read
PETRON Corp. posted a 64% increase in net income to P8.2 billion for nine months to September from P4.99 billion a year…
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EconomyForex

Ayala Land doubles income to P5B as economy reopens

By
November 8, 2022
2 Mins read
AYALA LAND, Inc. (ALI) posted P5.26-billion attributable net income in the third quarter, more than two times last year’s P2.55 billion, which…
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EconomyForex

DMCI’s income rises 84% as business units grow

By
November 8, 2022
1 Mins read
DMCI Holdings, Inc. reported on Tuesday an 83.8% increase in third-quarter core net income to P7.37 billion from P4.01 billion a year…
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EconomyForex

Bloomberry Resorts swings to profitability, earns P1.56B

By
November 8, 2022
1 Mins read
BLOOMBERRY Resorts Corp. posted P1.56-billion attributable net income in the third quarter, turning around from a net loss of P1.04 billion a…
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EconomyForex

ACEN’s net income surges to P1.9B

By
November 8, 2022
1 Mins read
AYALA-LED ACEN Corp. posted a 22.8% increase in its attributable net income for the third quarter to P1.94 billion, with its international…
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EconomyForex

Globe, DITO working with 3 foreign telcos for subsea cable

By
November 8, 2022
1 Mins read
GLOBE Telecom, Inc. on Tuesday said it has teamed up with DITO Telecommunity Corp. and three foreign telecommunications companies for a $300-million…
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EconomyForex

Health workforce ‘not in sync’ with advances in tech, say educators

By
November 8, 2022
2 Mins read
NATIONAL CANCER INSTITUTE-UNSPLASH By Brontë H. Lacsamana, Reporter   PUBLIC-PRIVATE partnerships and a modernized curriculum can address the lack of expertise that prevents…
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EconomyForex

Treasury partially awards reissued 20-year bonds

By
November 8, 2022
2 Mins read
BW FILE PHOTO THE GOVERNMENT partially awarded the reissued 20-year Treasury bonds (T-bonds) it offered on Tuesday as investors wanted higher rates…
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EconomyForex

D&L Industries posts record income, sets P1-B capex

By
November 8, 2022
2 Mins read
D&L INDUSTRIES, Inc.’s third-quarter net income climbed 18.5% to P910 million from P768 million a year earlier, driven by non-food sales, its…
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EconomyForex

Limiting sodium can reduce risk of Alzheimer’s 

By
November 8, 2022
2 Mins read
RISK of Alzheimer’s disease can be reduced by maintaining a low-sodium plant-based diet, according to a dietitian who cited the US National…
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