Wilcon Depot Inc., the Philippines’ leading home improvement and finishing construction supplies retailer, reported a 22.3 percent drop in net income to P2.12 billion in the first nine months of the year. In a disclosure to the Philippine Stock Exchange (PSE), the firm said net sales dipped one...
The country’s top lender BDO Unibank Inc. (BDO) reported a 12 percent year-on-year (YoY) growth in net profit to P60.6 billion in the first nine months of 2024. In a disclosure to the Philippine Stock Exchange (PSE), the bank said its growth in net income was driven by the sustained contribution...
Ayala-led Globe Telecom Inc. joined forces with Singapore-based Transcelestial Technologies Pte Ltd. to deploy a laser communications system that would expand its 4G and 5G connectivity in the country. Through its shared services and outsourcing arm Asticom Technology Inc., Globe said it conducted...
Ayala-led Globe Telecom Inc. successfully completed the network restoration services in seven areas severely hit by Typhoon Kristine, while five more provinces are undergoing rehabilitation. As of 9 am on Friday, Oct. 25, Globe said that network service was successfully restored in areas namely...
Manila Water Company is investing P141.5 million for its third septage treatment plant (SpTP), the Pinugay Septage Treatment Plant (SpTP) in Barangay San Jose, Antipolo City, with the goal of protecting the environment and safeguarding public health. Expected to be completed by September 2025, the...
Robinsons Retail Holdings Inc., a member of the Gokongwei Group, reported a 7.6 percent improvement in core net earnings to P4.1 billion in the first nine months of 2024 from the P3.79 billion earned in the same period last year. In a disclosure to the Philippine Stock Exchange (PSE), the firm said...
Aboitiz InfraCapital Economic Estates reported that one of its lessors, ATOMED Cebu Inc., is planning to expand its operations in the Philippines by adding incubator assembly lines and increasing its research and development capabilities. In a statement, the firm said ATOMED Cebu has renewed its...
Suzuki Philippines is set to highlight its commitment to sustainability and innovation at the 9th Philippine International Motor Show (PIMS) from October 24 to 27, 2024, at the World Trade Center in Pasay City. Under the theme "Future City," Suzuki will feature eco-friendly mobility solutions and...
Pangilinan-led PLDT Inc. was able to raise as much as P2 billion from a social loan facility with HSBC Philippines with proceeds to be used to expand its fiber network coverage to the underserved and unserved communities in the country. In a statement on Wednesday, Oct. 23, PLDT said it was looking...
The SM Prime Group has been recognized as the National Awardee for its SM Life program, winning the People Program of the Yeasr 2024 (Employee Experience and Engagement category) at the People Management Association of the Philippines (PMAP) National Conference in Iloilo on Oct. 17, 2024. (L-R):...
Carl Raymond R. Cruz, formerly chief executive officer (CEO) and managing director of an African telecommunications giant, will take over the reins of Ayala-led Globe Telecom Inc. beginning next year. In a statement on Wednesday, Oct. 23, Globe said Cruz will be nominated as its president and CEO...
Sy-led SM Prime Holdings Inc., a leading integrated property developer in Southeast Asia, is expanding its footprint in the Visayas further with the opening of SM City J Mall in Mandaue City, Cebu on Oct. 25, 2024. In a disclosure to the Philippine Stock Exchange, the firm said this strategic...
