Co-led companies post first-quarter income growth
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COMPANIES led by businessman Lucio L. Co reported strong profit growth in the first quarter, with his retail holding firm Cosco Capital,…
Megaworld records profit rise, sees sustained growth
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PROPERTY developer Megaworld Corp. reported a 30% increase in net income attributable to parent company equity holders to P3.1 billion, calling it…
Emperador hikes capex to P3B
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EMPERADOR, Inc. said it is increasing its capital expenditure (capex) budget this year to P3 billion from P1.74 billion in 2021 as…
Converge income rises 27% to nearly P2 billion on increased subscriber base
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LISTED fiber internet provider Converge ICT Solutions, Inc. saw its first-quarter attributable net income increase by 27% to P1.97 billion from P1.55…
First Gen income declines by 24%
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LOPEZ-LED First Gen Corp. posted a recurring net income of $59 million in the first quarter, down by 24.4% from $78 million…
2GO cuts net loss to P35 million as economy reopens
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LISTED transportation and logistics company 2GO Group, Inc. announced on Monday that it trimmed its net loss for the first quarter of…
Incoming gov’t needs to raise P326-B new annual revenue to cover COVID-related debts
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THE INCOMING Philippine government needs to raise about P326 billion in new revenues annually to pay for debts incurred for the coronavirus…
Duterte signs law granting night pay to gov’t workers
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PHILIPPINE STAR/ KRIZ JOHN ROSALES PRESIDENT Rodrigo R. Duterte has signed into law a measure granting night shift differential pay to government…
Party-list group pushes for special House sessions to address oil price hike
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PHILIPPINE STAR/ RUSSELL A. PALMA CONGRESS should hold special sessions to address the spike in oil prices, said Anakpawis Party-list on Monday,…
More universities join work for Mt. Apo’s UNESCO Geoparks listing
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A MINDANAO White Eye bird is spotted by Sta. Cruz town’s senior tourism officer, Julius R. Paner, during a biodiversity monitoring activity…