AllDay Supermarket, the fastest growing retail operator in the Philippines, continues its expansion push by opening more stores this year in line with its goal of having 100 branches by 2026. In a statement, the firm said it will be expanding its presence in Metro Manila with new locations in...
Mass housing developer 8990 Holdings Inc. has appointed Atty. Anthony Vincent Sotto as its new President and CEO, effective immediately. In a disclosure to the Philippine Stock Exchange, 8990 said Atty. Sotto replaces Alexander Ace Sotto who had tendered his resignation as Director, Acting...
SM Prime Holdings, Inc. is planning to raise up to P10 billion from the third tranche of its P100 billion fixed-rate bonds with the Securities and Exchange Commission in February last year. In a disclosure to the Philippine Stock Exchange, the firm said it has filed with the SEC an application for...
DMCI Homes, the real estate development arm of DMCI Holdigns, is stepping up its vaccination drive for its workers to protect them from the SARS-COV2 virus amid the increased risk of transmission in construction sites due to new variants. Apart from providing incentives and recognition to workers...
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...
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...
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...
Top Frontier Investment Holdings Inc., the owner of 67 percent of San Miguel Corporation, reported that its net income soared 802 percent to P28.15 billion in the first half of 2021 from the P4.01 billion net loss suffered in the same period last year. In a disclosure to the Philippine Stock...
Food and beverage firm Fruitas Holdings, Inc. (FRUIT) reported that it has returned to profitability in the second quarter of 2021 as it registered a net income of P7 million versus a net loss of P27 million in the same period last year. In a disclosure to the Philippine Stock Exchange, the firm...
GT Capital Holdings, Inc. reported a 143 percent surge in consolidated net income to P6.7 billion for the first half of 2021 from P2.7 billion in the same period last year. In a disclosure to the Philippine Stock Exchange, the conglomerate said its core net income increased 83 percent to P5.8...
AllDay Marts, Inc., the Villar Group’s Supermarket chain, reported a 58.8 percent jump in net income to P179.6 million on the back of a 19.7 percent growth in sales to a record P4.49 billion. “AllDay’s stellar performance thus far is another milestone in its consistent performance since its...
Cirtek Holdings Philippines Corporation listed at the Philippine Stock Exchange its stock rights offering (SRO) shares worth P1.37 billion as well as the bonus detachable warrants that came with them. The SRO consisted of 249.44 million common shares sold at an offer price of 5.50 per Entitlement...
