Robinsons Retail Holdings, Inc. (RRHI), a member of the Gokongwei Group, reported a 39.2 percent growth in attributable net income to P4.5 billion last year, boosted by its strong performance in the fourth quarter of 2021. In a disclosure to the Philippine Stock Exchange, RRHHI said its net sales...
Manila Water Company reported an 18 percent drop in consolidated earnings to P3.7 billion for 2021 as the full-year effect of the COVID-19 pandemic impacted customer demand and business operations. In a disclosure to the Philippine Stock Exchange, the firm said profits dropped even as domestic and...
The local stock market continued to regain lost ground as Alert Level 1 took effect in the National Capital Region. The main index rose 93.60 points or 1.28 percent to close at 7,404.61 as Holding Firms led the rally although the Industrial and Property sectors were in the red. Volume eased to 1...
Alliance Global Group, Inc. (AGI) is planning to infuse P7.8 billion in gaming and leisure subsidiary Travellers International Hotel Group, Inc. which is increasing its paid-up capital. In a disclosure to the Philippine Stock Exchange, AGI said “The infusion of fresh capital to augment the...
Ayala Land, Inc. (ALI) registered a 40 percent jump in net income to P12.2 billion in 2021 as total revenues improved 10 percent to P106.1 billion on account of resilient operations amidst the ongoing pandemic. In a disclosure to the Philippine Stock Exchange, ALI said that, supported by relaxed...
media PLDT Inc. and global satellite operator Telesat of Canada this month successfully conducted the Philippines’ first on-orbit testing of high-speed broadband connectivity with Telesat’s Phase 1 Low Earth Orbit (LEO) satellite. This marks another milestone for PLDT as the country’s leading...
AREIT, Inc. (AREIT), the first Philippine Real Estate Investment Trust, posted a net income of P2.43 billion last year, inclusive of a net fair value change in investment properties of P165 million. Excluding the net fair value change in investment properties, net income registered at P2.27...
Gokongwei Group Headquarters The Gokongwei Group has co-located its critical data infrastructure at ePLDT’s world class VITRO facility to ensure business continuity, service availability and security. The Gokongwei group is one of the largest diversified Filipino conglomerates with businesses in...
Solar Philippines Nueva Ecija Corporation (SPNEC) has approved a P60.9-billion asset-for-share swap with its parent company Solar Philippines Power Project Holdings, Inc. (SPPPHI). In a disclosure to the Philippine Stock Exchange, the firm said the swap involves the acquisition of 100 percent of...
Thanya Dela Cruz smashed the national record anew in the women's 50-meter breaststroke evetnt on the first day of the 2022 PSI (Philippine Swimming Inc.) Friday, Feb. 25 at the Teofilo Yldefonso Swimming Complex in Manila. Thanya Dela Cruz (PSI) The 19-year-old Dela Cruz of Ayala Harpoons Swimming...
JAZA inducted as Honory Fellow by ICD By JAMES A. LOYOLA The Institute of Corporate Directors has inducted Ayala Corporation Chairman Jaime Augusto Zobel de Ayala as Honorary Fellow for his "lifelong commitment to promoting the highest standards of governance among Philippine corporations." "JAZA...
The Philippine Red Cross (PRC) has received a monetary donation from the Japan Chamber of Commerce and Industry of the Philippines Inc. (JCCIPI) that seeks to support the relief and recovery efforts for the families affected by Typhoon Odette. (Photo from Philippine Red Cross / MANILA BULLETIN) PRC...
