US SEC charges Forsage operators after PHL exposé
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UNSPLASH FOUNDERS and promoters of Forsage, a decentralized application for Ethereum cryptocurrency, were charged by the US Securities and Exchange Commission (SEC)…
SM Investments posts 27% profit increase to P25.5B
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SM INVESTMENTS Corp. records a 26.8% increase in consolidated net income in the first half to P25.5 billion, which it attributed to…
San Miguel food, beverage unit posts 8% income rise
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SAN MIGUEL Food and Beverage, Inc. (SMFB) recorded an 8% increase in first-half consolidated net income to P18.8 billion as revenues increased,…
MPIC expects 2022 results to ‘at least approach’ 2019 level
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PANGILINAN-LED Metro Pacific Investments Corp. (MPIC) announced on Wednesday an attributable net income of P9.5 billion for the first half of 2022,…
PAL reports ‘first positive’ half-year results since 2016
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Philippine Airlines (PAL) planes are seen parked on tarmac in Manila International Airport in Pasay city, Sept. 9, 2014. — REUTERS/ROMEO RANOCO/FILE…
Yields on BSP’s term deposits rise on rate hike bets, inflation
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TERM DEPOSIT yields went up on Wednesday on expectations of another rate hike this month and ahead of the release of July…
Semirara Mining’s earnings climb to nearly P11 billion
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SEMIRARA Mining and Power Corp. (SMPC) reported a second-quarter net income of P10.8 billion, nearly triple the P4 billion a year ago,…
LANDBANK’s net profit surges by 93.5% in the first semester
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LAND BANK of the Philippines (LANDBANK) recorded a net income of P20.3 billion in the first half, a 93.5% increase from the…
Century Pacific Food income climbs to P1.5B
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CENTURY Pacific Food, Inc. (CNPF) reported a 7.7% increase in attributable net income to P1.54 billion in the second quarter from P1.43…
Pizza Hut goes for younger image by choosing boy band SB19 as endorsers
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PHOTO FROM FACEBOOK.COM/PIZZAHUTPHILIPPINES A POPULAR pizza-loving boy band has been tapped to endorse the venerable brand Pizza Hut as a way of…