The Philippine Competition Commission has cleared the Consunji Group’s planned acquisition of a controlling stake in Cemex Holdings Philippines Inc. (CHP). In a disclosure to the Philippine Stock Exchange, the group said DMCI Holdings Inc., Dacon Corporation, and Semirara Mining and Power...
Telecom giant PLDT Inc. reported that its net income was flat at P18.4 billion in the first half of 2024 as gross service revenues grew by four percent to P103.4 billion from the same period last year. In a disclosure to the Philippine Stock Exchange (PSE), the firm said telco core income,...
VisMin developer Cebu Landmasters Inc. (CLI) posted a 24 percent increase in net income to P1.7 billion in the first half of 2024 from the P1.37 billion registered in the same period last year. In a disclosure to the Philippine Stock Exchange (PSE), the firm said its first half revenue also grew by...
Filinvest Land Inc. (FLI), one of the Gotianun Group’s property development arms, reported an 11 percent hike in consolidated attributable net income to P1.54 billion for the first half of 2024. In a disclosure to the Philippine Stock Exchange (PSE), the firm said gross profit margins from the...
Cosco Capital Inc., the retail holding firm of billionaire Lucio L. Co, registered a 15.5 percent growth in its consolidated net income amounting to P6.97 billion in the first half of 2024 from P6 billion in the same period last year. In a disclosure to the Philippine Stock Exchange (PSE),...
LT Group Inc. (LTG), the investment arm of taipan Lucio Tan, said its attributable net income for the first half of 2024 remained almost flat at P12.80 billion from P13 billion in 2023 as a majority of its subsidiaries posted higher profits during the period. In a disclosure to the Philippine Stock...
JG Summit Holdings Inc. (JGS), the flagship of the Gokongwei Group, reported a 43 percent jump in consolidated attributable net income to P14.8 billion in the first half of 2024 from the same period last year. In a disclosure to the Philippine Stock Exchange (PSE), the firm said it generated a 99...
Top executives of the Philippine Bank of Communications (PBCom) and Height Realty, Inc., owner and developer of the exclusive Southlinks Estate, sign a credit facility to help finance the newest real estate development south of Metro Manila. In photo, (L-R): PBCOM Corporate and Commercial Banking...
Manila Bulletin is set to further its commitment to promoting sustainability awareness with the launch of the first-ever Manila Bulletin Sustainability Focus Session. The event is scheduled to take place on September 24, 2024, at the Dr. Robert C. Sy Grand Ballroom, located within the Blessed...
The Securities and Exchange Commission (SEC) has approved the planned P5 billion preferred share offering of Vista Land & Lifescapes Inc., the flagship real estate firm of billionaire Manuel B. Villar Jr. In its meeting on Aug. 8, the Commission En Banc resolved to render effective the...
Manila Water Philippine Ventures (MWPV) and the Canlubang Sugar Estate (CSE) have collaborated on a P1.4-billion bulk water supply project aimed at enhancing water accessibility in more towns in Laguna. In a statement on Monday, Aug. 12, Manila Water said that the 25-year partnership between its...
The Securities and Exchange Commission and Philippine Stock Exchange have issued separate warnings to the public against scammers who lure investors with images of President Marcos and the bourse’s logo. The SEC is advising the public not to engage with Bagong Bansang Maharlika (BBM)...
