Globe sells telco towers for P5.4B
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GLOBE Telecom, Inc. has sold 447 telecommunications towers to Unity Digital Infrastructure, Inc. from which the Ayala-led company expects P5.4 billion in…
SEC clears Repower Energy’s initial public offering
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THE Securities and Exchange Commission (SEC) has cleared the registration of shares by Repower Energy Development Corp. for an initial public offering…
SM Prime posts 27% profit rise as businesses recover
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SY-LED SM Prime Holdings, Inc. reported a 27% increase in first-quarter consolidated net income to P9.4 billion after the rebound of its…
Metro Pacific poised to become SPNEC’s largest shareholder
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METRO Pacific Investments Corp. (MPIC) said on Monday that it had completed the acquisition of 1.6-billion common shares or an equivalent of…
Hollywood insiders predict writers strike to drag on through summer
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LOS ANGELES — The Hollywood writers’ strike that kicked off last week could last well into the summer and likely beyond, top…
JG Summit turns profitable with P4.4-billion net income
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JG Summit Holdings, Inc. booked a core net income of P4.4 billion in the first quarter, reversing a P689-million net loss a…
The 1975 at their very best live in Manila
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MATTHEW HEALY performs with his band The 1975, during the Leeds Festival 2022. —REUTERS By Cathy Rose A. Garcia, Managing Editor Concert…
Megawide swings to profitability, earns P3.6 billion
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MEGAWIDE Construction Corp. recorded a P3.58-billion attributable net income in 2022, a turnaround from the P342.99-million net loss incurred in 2021. In…
Inspiration, influence and theft: What the Ed Sheeran case can tell us about 70 years of pop music
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ED SHEERAN —REUTERS EARLIER today, a US court ruled in favor of singer-songwriter Ed Sheeran, agreeing his song “Thinking Out Loud” did…
Parqal set to open in Aseana City
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PARQAL is located within Aseana City in Parañaque. — COMPANY HANDOUT By Brontë H. Lacsamana, Reporter A WALKABLE, mixed-use development is set…