Balai ni Fruitas Inc., a leading Philippine counter service bakery operator, reported that its net income jumped 77 percent to P41 million in the first nine months of 2023 from P23 million in the same period last year. In a disclosure to the Philippine Stock Exchange, the firm aid it continued its...
The Ayala Group’s manufacturing arm Integrated Micro-Electronics Inc. (IMI) reported a net loss of $1.6 million in the first nine months of 2023 from $0.81 million in the same period last year. In a disclosure to the Philippine Stock Exchange (PSE), the firm said revenues were lower and the...
MREIT Inc., the real estate investment trust of Megaworld Corporation, posted a distributable income growth of 13 percent to P2.1 billion during the first nine months of 2023 from the P1.9 billion recorded in the same period last year. In a disclosure to the Philippine Stock Exchange (PSE),...
The Sy siblings' SM Prime Holdings Inc. (SM Prime), one of the leading integrated property developers in Southeast Asia, posted a 37 percent jump in net income to P30.1 billion in the first nine months of 2023 from the P22.0 billion earned in the same period last year. In a disclosure to the...
Katrina Maria S. Razon, daughter of tycoon Enrique K. Razon Jr., has recently been appointed to the board of directors of Manila Water Co. Inc. In a disclosure to the Philippine Stock Exchange on Monday, Nov. 6, the East zone water concessionaire announced that the 32-year-old Razon has taken on...
It was a big day for Romeo “Kuya Jonjon” Jalosjos Jr. on Nov. 4 as he celebrated his birthday on the noontime show “Eat Bulaga.” Jalosjos is the president and chief executive officer (CEO) of the Television and Production Exponents Inc. (TAPE), the producer of “Eat Bulaga.”...
Romeo Jalosjos Jr., the president and chief executive officer (CEO) of the Television and Production Exponents Inc. (TAPE), has filed a motion for reconsideration before the Supreme Court (SC) to reverse its decision to unseat him as the proclaimed congressman of the first district of Zamboanga...
East zone concessionaire Manila Water Co. announced water interruptions in 16 barangays within Makati, Quezon City, and Taytay, Rizal. According to the water utility, a city-wide interconnection activity in Makati will cause little to no water pressure during the late evening to early morning....
DAVAO CITY – Apo Agua Infrastructura Inc. vowed to continue its dedication to empowering local communities and enhancing the well-being of the people of Davao following the graduation of the inaugural group of college scholars hailing from its host communities. May Che Capili, external relations...
The Metropolitan Waterworks and Sewerage System (MWSS) has announced that the Angat Hydro-Electric Powerplant (AHEPP) will undergo a temporary shutdown of two-months to make way for its repairs and rehabilitation. In an effort to enhance the efficiency and reliability of the AHEPP, the MWSS stated...
Aboitiz Equity Ventures Inc. (AEV) reported a 16 percent decrease in its net income to P18 billion for the first nine months of 2023 compared as against P21. 4 billion in the same period in 2022. In a disclosure to the Philippine Stock Exchange (PSE), the firm attributed the decline to its...
Maynilad wins a Gold and a Silver award for its NEW WATER Project at the 2023 Stevie International Business Awards (Stevie IBA) held recently at the Rome Cavalieri Hotel in Italy. Maynilad’s NEW WATER Project is the conversion of used water for potable application — a first in the Philippines,...