The Department of Trade and Industry (DTI) has issued new suggested retail prices (SRPs) allowing higher prices on basic necessities and prime commodities by as much as P2 on various categories, while some remained unchanged. Consumer group Laban Konsyumer Inc. (LKI) immediately assailed the...
AllDay Supermarket, currently the fastest growing supermarket operator in the Philippines, has recently launched its “dark store” concept as it continues to banner a global standard in the local supermarket industry. "Dark stores" are standalone facilities optimized for e-commerce that acts as...
The Securities and Exchange Commission (SEC) has approved the planned public offering by D&L Industries, Inc. of fixed-rate bonds worth up to P5 billion. In its meeting on August 26, the Commission En Banc resolved to render effective the registration statement of D&L covering up to P3...
J&T Express worked together with Local Government of Manila City to provide assistance and donated goods to the casualties of Typhoon Ulysses in 2020. Brings home the bronze for Achievement in Growth and Branded Content Campaign of the Year With Filipinos winning awards and being recognized...
Max’s Group, Inc. (MGI), the Philippines’ largest casual dining restaurant group, reported a net income of P392 million for the first half of 2021, a turnaround from its P603 million first-half loss last year. In a disclosure to the Philippine Stock Exchange, the firm said net income amounted...
Photo from Pexels.com Medilines Distributors Incorporated, a leading distributor of medical equipment in the Philippines, is planning to expand its presence as well as its product portfolio to help boost the country’s access to quality medical devices amid the ongoing pandemic. The COVID-19...
Although the pandemic is still wreaking havoc in the aviation sector, flag carrier Philippine Airlines (PAL)'s parent firm PAL Holdings Inc. managed to cut its losses by 20 percent to P16.56 billion in the first six months of the year, from P20.75 billion in the first half of 2020. Gross revenues...
Manila Water Company, Inc.'s Clark Water Corporation (Clark Water) has undertaken the relocation of its water supply and wastewater assets that will be affected by the construction of the Malolos-Clark Railway, which is part of the government's North-South Commuter Railway (NSCR) Project. In a...
The fourth section of the P56 Billion, 45-kilometer, Cavite-Laguna Expressway (CALAX), the Silang East Interchange, is now open to motorists. The Department of Public Works and Highways (DPWH), together with MPCALA Holdings Inc. (MHI) today (August 24) inaugurated the interchange which extended the...
D.M. Wenceslao and Associates, Inc. reported an 18 percent growth in attributable net income to P853 million in the first half of 2021 primarily due to a tax credit related to Corporate Recovery and Tax Incentives for Enterprise Act (CREATE). In a disclosure to the Philippine Stock Exchange, the...
The majority of the members of the Davao Marsman Agrarian Reform Beneficiaries Multi-Purpose Cooperative (DAMARB MPC) intend to continue with its contract of lease with export banana plantation company, Marsman Estate Plantation Inc. (MEPI). Photo from Manila Bulletin In a statement, DAMARB MPC...
Medilines Distributors Inc., a leading distributor of medical equipment in the Philippines,is planning to expand its presence as well as its product portfolio of quality medical devices amid the ongoing pandemic. The firm said “The COVID-19 pandemic has led to a dramatic loss of human lives,...
