As coal prices in the world market cooled, the net income of Semirara Mining and Power Corporation (SMPC) dropped 28% to P6.5 billion within first quarter this 2024 from a relatively robust P9.0 billion earnings in the same three-month period last year. “Global coal indices declined due to weak...
Propelled by energy sales that have been escalating beyond 10% within the stretch of the sweltering El Niño weather condition, power utility giant Manila Electric Company (Meralco) is favorably looking to end the year with core income jump to P40 billion from P37.1 billion in 2023. The company’s...
K-pop acts swept global album sales in 2023, capturing 19 of the top 20 positions led by boy band Seventeen. The International Federation of the Phonographic Industry (IFPI), which represents the recorded music industry worldwide, announced three additional Global Album Charts, highlighting...
The scale of profitability for Shell Pilipinas Corporation had slowed down to P2.1 billion in this year’s three quarters from a healthier bottom line of P4.4 billion in a comparative period in 2022. The company said its nine-month income had gone up compared to the first half turnout of...
Uptrend in sales had propelled 16% income escalation for leading oil firm Petron Corporation to P9.5 billion within this year’s January to September stretch versus a leaner bottom line outcome of P8.2 billion within a comparative period last year. The company emphasized that its “strong volume...
ENJOY BEFORE YOU FLY Sheraton Manila near NAIA 3 provides world-class Filipino hospitality The September Online Sale (2023) is back this year with its biggest edition ever—a month-long event that invites travelers across the Philippines to fall in love with the country’s beautiful destinations...
GUINAYANGAN, Quezon – A 53-year-old sales agent was shot dead allegedly due to a land dispute on Friday evening, September 1, in Barangay Gapas, here. Police identified the victim as Federico Tarusan of Barangay Gapas. Investigation said the victim was about to ride his motorcycle when the...
State-run Power Sector Assets and Liabilities Management Corporation (PSALM) has fetched additional P16.76 billion worth of proceeds from the divestment of the power assets previously owned by its precursor-firm National Power Corporation. In a presentation to Congress, PSALM President and CEO...
Major oil firm Petron Corporation reported a 20 percent decline in net income in the first half of this year to P6.14 billion from a more robust profit level of P7.7 billion in the same period last year. Despite the rebound in economic activities post-pandemic, the oil firm emphasized that both its...
The Center for International Trade Expositions and Missions (CITEM), the export promotions arm of the Department of Trade and Industry (DTI), said it has surpassed its $66.49 million target export sales by an impressive 1240 percent, hitting total export sales of $824.719 million in 2022. In a...
Cebu Pacific (PSE: CEB), the Philippines' leading carrier, celebrates the 125th anniversary of Philippine independence with its signature Piso Sale. The Super Seat Fest is CEB's special way of celebrating Independence Day to bring people to their dream getaways through affordable and convenient...
Baby Company had the biggest and grandest baby fair at the SMX Convention Center Clark, Pampanga last May 12 to 14, 2023. Expectant and new moms near and far gathered to shop for all kinds of essentials—from toiletries, diapers, clothes, toys, car seats, cribs, strollers, and many more—at...
