Marcos signs deal extending Malampaya service contract
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FERDINAND R. MARCOS, JR. receives a replica of the Malampaya gas field from Prime Infrastructure Capital, Inc. Chairman Enrique K. Razon, Jr….
BSP may pause rate increases — Medalla
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BANGKO SENTRAL NG PILIPINAS GOVERNOR FELIPE MEDALLA — REUTERS By Keisha B. Ta-asan, Reporter MACTAN, Cebu — The Bangko Sentral ng Pilipinas…
San Miguel income up 27% as business units deliver
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REUTERS SAN MIGUEL CORP. reported a net income of P17.7 billion in the first quarter, up 27% from P13.9 billion in the…
Alliance Global’s businesses drive 20% profit growth
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ALLIANCE Global Group, Inc. (AGI) on Monday reported a 20% rise in first-quarter attributable net income to P4.7 billion on the back…
Monde Nissin’s income declines 17%
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MONDE Nissin Corp.’s attributable net income for the first quarter declined 16.7% to P1.94 billion due to restructuring costs in its meat…
JG Summit allots P73B for capex
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GOKONGWEI-led JG Summit Holdings, Inc. earmarked P73 billion for capital expenditures (capex) this year, up 2.8% from P71 billion the prior year,…
DITO net loss shrinks to P337M amid lower expenses, forex gains
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DITO CME Holdings Corp.’s attributable net loss narrowed to P336.67 million in the first quarter from P3.67 billion a year earlier after…
FLI income jumps 9% to P741M
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FILINVEST Land, Inc. (FLI) posted a 9% growth in its attributable net income for the first quarter to P741 million as all…
ABS-CBN’s net loss shrinks after cutting costs
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PHILIPPINE STAR/ BOY SANTOS ABS-CBN Corp. has managed to narrow its attributable net loss to P1.16 billion in the first quarter from…
CLI launches fourth tower in Palawan development
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LISTED Visayas-Mindanao property developer Cebu Landmasters, Inc. (CLI) has launched the fourth tower of its flagship residential development project in Palawan, the…