The fate of the stock market this week is seen to hinge on whether or not the growth of new COVID-19 cases in the country is arrested and if the imposition of strict quarantine measures will be extended further. (Photo credit: https://www.pse.com.ph) “Investors are expected to take cues from our...
The ‘bad summer habits’ of power plants are back again, hence, the Department of Energy (DOE) and Energy Regulatory Commission (ERC) are being urged to investigate the causes of the simultaneous forced outages of the generating facilities as these have been triggering spikes in electricity...
Max’s Group, Inc., the country’s largest casual dining restaurant group suffered a net loss of P1.68 billion last year from a net income of P724.23 million in 2019 due to the pandemic and a one time loss. In a disclosure to the Philippine Stock Exchange, the firm said the 2020 loss includes...
Globe Telecom, Inc. said it will ramp up collaborative initiatives with its customers in order to double efforts on reforestation, watershed conservation, and carbon dioxide (CO2) reduction efforts to combat climate change. So far, the company raised P15.65 million for these efforts, which will be...
This webinar will help us understand the value of factual, objective reporting in this age of misinformation Technology is a double-edged sword. As it gets easier to relay information to a wider audience, foreign trolls, filter bubbles, and fake news surface. Because of the convenience of the...
Consumers are urged to keep on patronizing local pork amid the issuance of Executive Order (EO) 128, which will bring down the tariff on pork imports and will pave the way for the entry of more imported pork into the Philippines. On Thursday, Samahang Industriya ng Agrikultura (SINAG) Chair...
Century Properties Group announced the election of Aileen Christel U. Ongkauko as an Independent Director of the company effective April 7, 2021. Ongkauko is concurrently the Group President and Chief Executive Officer of La Filipina Uy Gongco Corporation & Subsidiaries, a...
VisMin focused property developer Cebu Landmasters Inc. (CLI) is looking at resuming a bullish 15-20 percent growth trajectory this year following a slowdown during the pandemic year in 2020. “We are winning,” declared CLI Chief Operating Officer Franco Soberano at the virtual CLI FY 2020...
Metropolitan Waterworks and Sewerage System (MWSS) said the new concession agreement (CA) between the Philippine government and Manila Water Company, Inc will be beneficial to all — the government, the public, and the Ayala-led east zone concessionaire. Speaking for the first time since...
The Department of Public Works and Highways (DPWH) now allows telcos to occupy a portion of the government's Right of Way (ROW) to hasten rollouts and network infra maintenance in the next three years. PLDT Inc. and Smart Communications, Inc. (Smart) Tuesday (April 6) welcomed DPWH's newly issued...
Shakey’s Pizza Asia Ventures Inc. reported a P247 million net loss for 2020 a 129 percent drop and reversal from profits of P865 million earned in 2019. In a disclosure to the Philippine Stock Exchange, Shakey’s President Vicente Gregorio said “2020 was obviously a one-of-a kind year amidst...
The Villar Group announced that it is set to vaccinate its employees, workers, and their families nationwide as it continues to be proactive in its fight against COVID-19. Aside from Oxford-Astra Zeneca vaccine it ordered earlier, the Group said it has ordered vaccines from Moderna for...
