Senatorial candidate Herbert “Bistek” Bautista on Monday said buying back Petron from San Miguel Corp. would help foster competition and provide a vehicle for subsidies which the government needs to ensure to mitigate the impact of an oil price surge as tension between Russia and Ukraine...
Two years following its merger, state-run firm Philippine Guarantee Corp. (PHILGUARANTEE) spearheaded in its performance during the second year of the pandemic, with net income jumping by almost two-fold, the Department of Finance (DOF) reported. PHILGUARANTEE is the result from the merger of two...
Isuzu Philippines Corporation (IPC), who recently marked its being Number 1 Truck brand in the Philippines convened its 17th Dealer of the Year Awards (DOYA) virtually. The annual awarding ceremony aims to inspire and recognize the best performers in their dealer network, acknowledge their hard...
ALLHC's earnings continue to recover By JAMES A. LOYOLA AyalaLand Logistics Holdings Corp. (ALLHC), the industrial arm of Ayala Land, Inc. (ALI), reported an 11 percent improvement in net income to P780 million in 2021 as it continues to recover amidst the ongoing pandemic. In a disclosure to the...
67831 Diversified telecommunications firm PT&T Corp. pledged to provide "broadband connectivity for all" as part of its nation-building initiative. "As a trusted government partner, we are fully committed to bring connectivity, access and cutting-edge IT solutions to all our customers," said...
Pavement Repair Program NLEX Corporation will start this month its 2022 pavement repair program, which covers 79,063-square meters of t NLEX and 18,718-square meters of SCTEX, the tollway operator announced Feb. 21. Some stretches of pavement from Balintawak to Sta. Ines and Tarlac to Tipo will be...
65775 NLEX Corporation is strengthening two bridges in Pampanga - the NLEX San Matias bridge in Sto. Tomas and SCTEX Pasig-Potrero bridge in Porac, to ensure the safety of motorists. Both are essential for travel and delivery of commodities, according to NLEX Corporation President and General...
The daily toils, challenges, pains, and uncertainties of life shroud people from noticing and appreciating the good things that are happening all over. A miracle is a very profound happening as it is both objective and subjective. What seems a miracle to John may be a common thing to Paul. It can...
AyalaLand Logistics Holdings Corporation (ALLHC), the industrial arm of Ayala Land Inc., has acquired a warehouse facility in the Light Industry & Science Park III in Sto. Tomas, Batangas for P1.24 billion. In a disclosure to the Philippine Stock Exchange, ALLHC said it acquired the ready-built...
NLEX Corporation, a member of the Metro Pacific Group, has retained its the highest Issue Credit Rating of PRS Aaa, with a Stable Outlook, from Philippine Rating Services Corporation (PhilRatings) for its outstanding Fixed-rate Bonds worth P8.6 billion. Obligations rated PRS Aaa are of the highest...
The Insurance Commission (IC) lauded the state-owned Philippine Crop Insurance Corp. (PCIC) and CARD Pioneer Microinsurance, Inc. (CPMI) for an agreement on agriculture insurance. In a statement, Insurance Commissioner Dennis B. Funa said the co-insurance agreement between PCIC and CPMI would help...
The Senate on Wednesday adopted a resolution that recommends the filing of charges against Department of Energy (DOE) Secretary Alfonso Cusi and other officials of the department who are involved in the approval of the sale of the participating shares of Chevron in the Malampaya gas field. The...
