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,...
Consunji-owned DMCI Holdings reported a 28 percent drop in net income to P20 billion for the first nine months of 2023 from P27.6 billion in the same period last year due to normalizing coal and nickel prices. In a disclosure to the Philippine Stock Exchange (PSE), the firm’s revenues also...
Angat Dam, Metro Manila’s potable water and energy supply source, has recorded an increase in its water levels, according to Maynilad Water Services, Inc. In a statement, Maynilad reported that the Angat Dam reached 209.20 meters, which is 0.67 meter higher than last week’s record. To compare,...
With seven of the Top 10 in the LPGA of Taiwan rankings in the fold and a multi-titled Thai ace eager to shoot for a fourth leg victory, the 16-player strong Philippine crew brace for a tough challenge in the Party Golfers Ladies Open set to fire off on Nov. 8, at the Lily Golf and Country...
Running for breast cancer awareness For the last 30 years, Avon has raised funds to support breast cancer charities and breast health screenings for millions of women across the world. For this year’s Breast Cancer Awareness Month, Avon hosted the fundraising event “Fun Run to Boob Love” at...
Wilcon Depot, the Philippines' trusted building partner in Home improvement and construction supplies, is taking its anniversary celebration a notch higher with “Wilcon My Home Goals 2.0 Anniversary Raffle Promo.” As a way to give back to its loyal customers, Wilcon Depot is providing a...
A subsidiary of Manila Water Co. that provides water services in several municipalities in Laguna paid out its dividends to the local government for last year. In a statement, Laguna Water announced that it paid P186 million in dividends to the Provincial Government of Laguna (PGL) as a...
West zone concessionaire Maynilad Water Services, Inc. submitted an application for the extension of its concession agreement to the Metropolitan Waterworks and Sewerage System (MWSS). In the application, the company requested an operating extension from July 31, 2037, to Jan. 21, 2047 to align the...
The Securities and Exchange Commission (SEC) has approved Filinvest Land Inc.’s shelf registration for fixed-rate bonds worth up to P35 billion. In a statement, the SEC said its Commission En Banc “resolved to render effective the registration statement of Filinvest Land covering...
Home design and construction supplies retailer Wilcon Depot Inc.’s net income dipped by 7.9 percent to P2.7 billion in the first nine months of 2023 from P2.9 billion in the same period in 2022 due to higher operating expenses. However, the firm’s sales for the nine-month period increased by...
As it continues to traverse rough financial terrain on its operations, Uy-led Phoenix Petroleum Philippines Inc. indicated that it will be pursuing a sale-and-lease back arrangement for its assets with Sy-controlled BDO, which has been its long term go-to bank for credit line. According to Phoenix...
