MPIC sets capex at P136B; power group corners P57B
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By Arjay L. Balinbin, Senior Reporter PANGILINAN group’s listed tollways and infrastructure conglomerate Metro Pacific Investments Corp. (MPIC) has pegged its capital…
Megaworld profit jumps 36% on strong sales, rentals
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MEGAWORLD Corp. reported a 36% rise in net income attributable to equity holders to P13.4 billion due to strong real estate sales,…
MerryMart takes majority stake in Mindanao pharmacy
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MERRYMART Consumer Corp. has finalized its acquisition of a majority stake in ZC Ramthel Corp. or Cecile’s Pharmacy, which is said to…
Robinsons Land nets P8.5B, up 62%
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ROBINSONS Land Corp. (RLC) reported a 62% jump in its consolidated net income to P8.5 billion in an “eventful” 2021 that allowed…
ACEN income rises 22% to P5B on strong power demand
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AC Energy Corp. (ACEN) reported a consolidated attributable net income of P5.25 billion in 2021, higher by 22% than the P4.29 billion…
Sta. Lucia Land eyes loans, more land acquisitions
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REAL estate developer Sta. Lucia Land, Inc. expects to further strengthen its presence in key areas of the country as it boosts…
San Miguel food, beverage unit posts 40% profit rise
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SAN Miguel Food and Beverage, Inc. (SMFB) reported a consolidated net income growth of 40% to P31.4 billion in 2021, driven by…
Mekeni to offer Pinoy meat products in the US
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MEKENI, the brand behind a range of Filipino breakfast meats like tocino, hotdogs, fish balls, and longanisa, has unveiled plans to expand…
CREIT board clears land acquisition worth P2.5B
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CITICORE Energy REIT Corp.’s (CREIT) board of directors has approved the acquisition of several parcels of land worth P2.5 billion. In a disclosure…
Coach de Jesus returns to Premier Volleyball League with F2 Logistics
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1 of 2 MULTI-TITLED coach Ramil de Jesus will make his much awaited return to the Premier Volleyball League after more than…