Global investors contemplate fallout from US rates reaching 6%
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ALL OF A SUDDEN, the prospect of US rates hitting 6% is becoming real enough for investors to rethink their strategies. BlackRock,…
MPIC income up 15% as toll traffic, power use rise
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By Justine Irish D. Tabile, Reporter METRO Pacific Investments Corp. (MPIC) reported a 15% jump in its consolidated core net income to…
SMC unit posts 10% profit rise as beer sales jump
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SAN MIGUEL Food and Beverage, Inc. (SMFB) posted a 10% increase in consolidated net income to P34.7 billion in 2022 as sales…
Megaworld township to house commuter railway station
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MEGAWORLD Corp.’s township project is set to house a commuter railway station, a company official said on Tuesday, as the development of…
AREIT sets P22.5-B property-for-share swap with Ayala Land
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AYALA-LED real estate investment trust company AREIT, Inc. has secured approval from its board of directors for its multibillion property-for-share swap with…
AbaCore partners with Chinese company to build Batangas resort
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ABACORE Capital Holdings, Inc. has partnered with Chinese property developer Shanlin Real Estate Co. Ltd. for a P1.5-billion resort project in Batangas,…
Cool business advice from the man behind an ice cream brand
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1 of 2 THINGS that helped Francisco “Paco” Magsaysay stay in the ice cream business include courage and a certain persistence (dedicating…
HONOR to launch X8a in the Philippines next week
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HONOR X8a SMART devices brand HONOR will launch the X8a, the latest smartphone in its X Series lineup, in the Philippines next…
Term deposit yields climb on tightening bets
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YIELDS on the central bank’s term deposits rose on Wednesday as still-elevated inflation could prompt the Bangko Sentral ng Pilipinas (BSP) to…
Cebu Pacific to resume more flights from Iloilo
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CEBUPACIFICAIR BUDGET carrier Cebu Pacific will be resuming its routes to Puerto Princesa and Cagayan de Oro from its Iloilo hub by…