Food and beverage manufacturer Monde Nissin Corporation reported a 13.8 percent drop in net income to P1.99 billion in the third quarter of the year, primarily due to non-core items related to its meat alternative business which reduced earnings by P359 million. In its disclosure to the Philippine...
HSFII supports USC’s Diamond Jubilee initiatives. The ceremonial signing was attended by (seated, from left) USC board of trustees chair Fr. Dionisio Miranda, SVD, USC president Fr. Francisco Antonio Estepa, SVD, HSFI trustee and SM Prime executive committee chairman Hans Sy, HSFII...
Reelectionists Misamis Occidental Gov. Henry Oaminal Sr. and second district Rep. Sancho Fernando “Ando” Oaminal recently filed their Certificates of Candidacy in the May elections. REELECTIONISTS (from left) Misamis Occidental first district Rep. Jason Almonte, Vice Gov. Rowena Gutierrez, Gov....
Axelum Resources Corporation, a manufacturer and exporter of coconut products, reported a 265 percent jump in net income to P208 million profit in the first half of the year from a loss of P126 million in the same period of 2023. In a disclosure to the Philippine Stock Exchange (PSE), the firm said...
(Photo Dr. Henry Lim Bon Liong FB page) Dr. Henry Lim Bon Liong, the respected chairman of Sterling Paper Group of Companies, passed away on Friday, August 2, 2024, at the age of 72. As the former President of the Federation of Filipino-Chinese Chambers of Commerce and Industry, Inc. (FFCCCII), Dr....
The Federation of Filipino Chinese Chambers of Commerce and Industry, Inc. (FFCCCII) mourns the loss of the eminent businessman and philanthropist Henry Lim Bon Liong. Cecilio K. Pedro, President of FFCCCII, solemnly acknowledges the passing of Lim, the organization's honorary president. ...
Investors of SM Prime Holdings Inc. (SMPH) who bought shares during its initial public offering (IPO) in 1994 and held on to them for the next 30 years have now seen their investments balloon by 972.6 percent. (from left): SMPH Executive Committee Chairman Hans T. Sy, SMPH Vice Chairperson...
Billionaire Henry Sy Jr.’s Data Lake Incorporated and Comclark Network and Technology Corporation of tycoon Dennis Anthony Uy have inked a memorandum of agreement (MOA) to expand the coverage of Starlink in the Philippines. From Left: Data Lake COO Jose Cobarrubias, Data Lake Vice Chairman...
Collaborating for the adaptive restoration of the century-old Quezon Hall or Bulwagang Quezon of the West Visayas State University (WVSU) in Iloilo City. Joining the ceremonial signing of the memorandum of agreement are WVSU’s Dr. Joselito Villaruz, Dr. Peter Ernie Paris, Dr. Porferio Barlas, and...
Construction giant EEI Corporation (EEI) has signed a Memorandum of Understanding (MoU) with Concrete Stone Corp. (CSC) for its precast concrete requirements to be utilized for multiple mega infrastructure projects. In a disclosure to the Philippine Stock Exchange (PSE), EEI said that with...
Del Rosario-led PHINMA Corporation's (PHN) subsidiary Philcement Corporation is buying 100 percent of Petra Cement Inc., which is controlled by tycoon Henry Sy Jr., for P500 million. In a disclosure to the Philippine Stock Exchange (PSE), PHINMA said it has signed Tuesday, May 21, a Share Purchase...
Axelum Resources Corp. (PSE: AXLM), an affiliate of Metro Pacific Agro Ventures and the country’s leading fully-integrated manufacturer and exporter of premium coconut products, posted a turnaround in the first quarter of 2024 with a net income of P106 million from a loss of P69.26 million in the...