Metro Retail Stores Group, Inc. (MRSGI) reported a net loss of P318.10 million last year, a 29.2 percent improvement from the P449.60 million net loss it suffered in 2020. In a disclosure to the Philippine Stock Exchange, the firm said its net sales for the year reached P31.21 billion, almost the...
The government's pandemic task force has decided to keep the National Capital Region (NCR) in its current Alert Level 1 status from April 16 to 30, 2022, Malacañang said. (ALI VICOY / MANILA BULLETIN) Communications Secretary Martin Andanar made this announcement on Wednesday, April 13. In.a...
Metro Pacific Investments Corporation has acquired full ownership of affiliate Landco Pacific Corporation, a real estate developer, through the conversion of receivables worth P429.33 million into equity. In a disclosure to the Philippine Stock Exchange, MPIC said it has entered into deeds of...
The Department of Public Works and Highways (DPWH) will construct three new bridges in Marikina as part of the government's efforts to improve land transportation access leading to and from Metro Manila. DPWH Secretary Roger G. Mercado announced on Thursday, March 31, that Asian Development Bank...
Heightened domestic demand is expected to cushion the impact of the Russia-Ukraine conflict on the economy in the first semester of the year, First Metro Investment Corp. (FMIC) and the University of Asia and the Pacific (UA&P) said in a joint report. FMIC and UA&P said that while Russian...
Manny Pangilinan-led Metro Pacific Tollways Corporation (MPTC) on Monday signed definitive agreements to purchase significant minority stake in Byahe (registered as On-Us Solutions Inc). The investment will be made through MPT Mobility Corp., MPTC’s unit for mobility services. L-R, front:...
The mayoral races in key cities in the National Capital Region (NCR) have tightened, according to a latest election survey. Polling firm Publicus announced the results of the Pahayag NCR Tracker Survey. The latest poll was done from March 16 to 21 among 1,648 registered Filipino voters in Metro...
Good news, commuters! President Duterte announced that the government will offer free rides at the Metro Rail Transit Line 3 (MRT-3) for at least a month following the completion of its rehabilitation works. Metro Rail Transit Line 3 (MRT-3) (Photo from DOTr) "I’d like to announce that Secretary...
(DR. GUIDO DAVID / TWITTER) The decline in Covid-19 infections in Metro Manila has slowed down in the past week but the region remained at “low risk” from the virus, the OCTA Research Group said on Monday, March 21. In an update shared on Twitter, OCTA fellow Dr. Guido David said the...
Metro Manila will remain under the least restrictive Alert Level 1 along with 47 other areas across the country for the rest of the month, Malacañang announced. People flock to Ilaya in Binondo, Manila on Jan. 2, 2022. Metro Manila will be under Alert Level 3 starting Jan. 3 until Jan. 15, 2022...
Metro Pacific Investments Corporation reported a 20 percent improvement in consolidated core net income to P12.3 billion last year from P10.2 billion in 2020. In a press briefing, MPIC Chief Finance Officer June Cheryl Cabal-Revillas said “This substantial improvement from the 13 percent growth...
A fair weather condition is expected in most parts of the country due to the easterlies or warm and humid winds from the Pacific Ocean. Meanwhile, the trough of low pressure area (LPA) spotted outside the Philippine area of responsibility (PAR) affects Mindanao, the State weather bureau said....
