Ayala Land’s pioneering Real Estate Investment Trust (REIT) in the Philippines, AREIT Inc. (AREIT), reported a 31 percent to P1.34 billion in the first half the year compared to the same period in 2020. In a disclosure to the Philippine Stock Exchange, the firm said that, factoring out unrealized...
Century Pacific Food, Inc. posted a 21 percent growth in net income to P2.7 billion in first half of 2021 versus the same period last year on the back of strong export sales, resilient local demand, and favorable tax rates. In a disclosure to the Philippine Stock Exchange, the firm said...
The Annual Stockholders’ Meeting of Asia Pacific Medical Center-Iloilo, Inc. (formerly known as Allied Care Experts (ACE) Medical Center-Iloilo, Inc.) on August 26, 2021 will be held virtually over a secure online meeting platform. The company has announced that due to current public health...
Driven by the growth of its data/broadband business, PLDT Inc. netted ₱12.9 billion earnings, up 5% on ₱89.9 billion revenues, up 8.5%, in the first half of this year. The telco's core income ( excluding the impact of asset sales and Voyager Innovations) climbed 10% year-on-year to ₱15.2...
The Philippine Economic Zone Authority (PEZA) has granted an extension for the start of commercial operations (SCO) for D&L Industries’ Batangas plant in light of delays in the delivery of equipment and machineries due to the recent surge in COVID-19 cases. In a disclosure to the Philippine...
Asia Pacific Medical Center - Iloilo, Inc. (formerly known as Allied Care Experts (ACE) Medical Center-Iloilo, Inc.) will hold its Annual Stockholders’ Meeting online on August 26, 2021. Due to public health concerns, stockholders may participate through remote communication, and cast their votes...
San Miguel Food and Beverage, Inc. (SMFB) reported that its first half consolidated net income rose 137 percent to P17.36 billion, surpassing pre-pandemic profits in the first half of 2019. In a disclosure to the Philippine Stock Exchange, the firm said this was driven by stronger operating...
If the Lopez family of ABS-CBN were still owners of Maynilad Water Services Inc.,there is no way the House of Representatives could have handed it a renewed legislative franchise like what the chamber did on Tuesday, August 3. Rep. France Castro2 ACT Teachers Partylist Rep. France Castro gave this...
Del Monte Pacific Limited has decided to postpone the planned P44 billion initial public offering of its subsidiary Del Monte Philippines, Inc. on the Philippine Stock Exchange. The firm said in a disclosure to the PSE that, its Board of Directors decided to delay the IPO in consultation with its...
SM Investments Corporation (SMIC) reported a 183 percent jump in consolidated net income to P20.1 billion in the first half of 2021 from the P7.1 billion earned in the same period last year. In a disclosure to the Philippine Stock Exchange, the firm said consolidated revenues rose 4 percent to...
There will be no water disconnection services during the Enhanced Community Quarantine (ECQ) period from August 6 to 20, according to Metropolitan Waterworks and Sewerage System Regulatory Office (MWSS RO). 23968 On Wednesday, MWSS-RO directed Manila Water Company, Inc. and Maynilad Water Services,...
House Deputy Speaker Rufus Rodriguez on Wednesday urged the leadership of the House of Representatives to withdraw Monday’s approval of the 25-year franchises to two of the country’s biggest water concessionaires, Maynilad and Manila Water. “As a deputy speaker, I am ex-officio member of all...
