Emperador Inc., the liquor unit of the Andrew Tan group of companies, reported that the Singapore Exchange Securities Trading Limited (SGX-ST) has given it a conditional eligibility-to-list (ETL). In a disclosure to the Philippine Stock Exchange, the firm said the ETL is its proposed secondary...
Metro Retail Stores Group, Inc. (MRSGI) reported a net loss of P318.10 million last year, a 29.2 percent improvement from the P449.60 million net loss it suffered in 2020. In a disclosure to the Philippine Stock Exchange, the firm said its net sales for the year reached P31.21 billion, almost the...
PLDT Inc. expects another breakout year for its Enterprise business as the economy opens up following the COVID-19 pandemic. 77489 “We anticipate Enterprise revenues would grow on the back of the gradual reopening of businesses and opportunities to serve the needs of global hyperscalers with our...
Global-Estate Resorts, Inc. (GERI), the tourism estates unit of Megaworld Corporation, reported a 15 percent growth in net income to P1.5 billion last year from the P1.3 billion earned in 2020. In a disclosure to the Philippine Stock Exchange, the firm said its attributable net income rose 21...
VistaREIT (VREIT), the real estate investment trust of Vista Land and Lifescapes (VLL), is expecting its earnings to grow with the potential infusion of more of the Villar Group’s high-income generating assets. In a statement, VLL said VREIT is anchoring its solid expansion program on the robust,...
PLDT Inc. has activated its fiber optic cable (FOC) connecting the island provinces of Marinduque, Romblon, Catanduanes, Masbate, Panay, Cebu, Siquijor, Bohol, Samar and Negros to the rest of the country and the world, the telco announced April 9. PLDT's Enhanced Resiliency of DFON Loops 4 and 5...
The local stock market bounced from the previous day’s steep drop as investors picked up bargains. The main index jumped 91.99 points or 1.33 percent to close at 7,018.02 as the Services sector led the rally across the board. However, volume dropped to 660 million shares worth P4.02 billion as...
Shakey’s Pizza Asia Ventures, Inc. reported a net income of P121 million last year from the net loss of P254 million in 2020 as the economy started to reopen late in 2021. In a disclosure to the Philippine Stock Exchange, the firm said systemwide sales improved 6 percent to P7.01 billion last...
PAL Holdings Inc., the parent company of flag carrier Philippine Airlines reported total comprehensive income of P56.49 billion last year, a significant turnaround the total comprehensive loss of P73.00 billion in 2020. In a disclosure to the Philippine Stock Exchange, the firm said consolidated...
VisMin developer Cebu Landmasters, Inc. (CLI) reported a 42 percent growth in attributable net income to a record P2.61 billion last year from the P1.85 billion earned in 2020. In a disclosure to the Philippine Stock Exchange, the firm said that its 2021 results has surpassed its 2019 pre-pandemic...
Farming, they say, is a huge gamble. With farmers saddled with debt even before they till the soil, they can only hope to literally reap everything they’ve sown. Crop damage is not an option. But this is exactly what befell 40-year-old vegetable grower Celeste Naguiat of Floridablanca, Pampanga....
The Filinvest-ENGIE Renewable Energy Enterprise, Inc. (FREE) has signed a memorandum of understanding with Filinvest Land, Inc. (FLI) to explore opportunities in installing renewable energy generation facilities in Filinvest Innovation Parks at New Clark City and Ciudad de Calamba. FREE is a joint...
