Megaworld subsidiary Global-Estate Resorts, Inc. (GERI), the country’s leading developer of integrated tourism-estates, registered a 32 percent growth in net income to P848 million during the first half of 2022 from P643 million in the same period last year. In a disclosure to the Philippine...
Personal Collection committed to a green life for the future generations #GreenLifeGreatLife movement campaigns for change As more consumers become aware of choices that may impact the environment and believe that there is a way to reverse the harm that has been done to nature. Personal Collection...
Transportation and logistics company 2GO Group, Inc. (2GO) is back in the black, netting P109 million earnings for the second quarter of the year, from a net loss in the same period in 2021. In aggregate, 2GO Group, Inc. delivered P 8.7 billion in revenues and P74 million in net income for the...
An affiliate of e-commerce platform Shopee has secured its license to sell life insurance products in the Philippines, the Insurance Commission announced. In a statement Wednesday, Aug. 10, Insurance Commissioner Dennis B. Funa said that SeaInsure Life Insurance Co., Inc. (SeaLife) was granted a...
Several parts of Parañaque and Pasay cities experienced an 11-hour water service interruption on Wednesday, Aug. 10 starting at 6 a.m. Based on the Maynilad Water Services Inc. announcement and a Facebook post by the Parañaque Public Information Office (PIO), regular water services will...
CEBU CITY – A Cebu City-based foundation is bringing its humanitarian mission to Luzon. The Semi Di Speranza Foundation Inc. announced Wednesday, August 10, that its third mega humanitarian event will be held at Purok Rosal Gymnasium, Cumadcad, Castilla, Sorsogon August 14. The activity will...
Diversified engineering conglomerate DMCI Holdings reported its highest-ever second quarter and first half net income as all its subsidiaries delivered exceptional growth during the reporting periods. In a disclosure to the Philippine Stock Exchange, the firm said its second quarter consolidated...
Emperador Inc., the global liquor firm of tycoon Andrew Tan, reported a 3 percent improvement in net income to P5.3 billion in the first semester on the back of a 7 percent growth in second quarter profit to P3.2 billion. In a disclosure to the Philippine Stock Exchange, the firm said consolidated...
PLDT Inc. has piloted a common virtualized network, a first in the Philippines, to transform jts service and cut operating costs. PLDT and Smart Communication Inc. disclosed Wednesday, Aug. 10 that its Network Function Virtualization Infrastructure (NFVI) is a "first in the Philippines". "Our...
D&L Industries, the country’s largest green chemicals and food ingredients firm, posted a record P1.6 billion net income in the first half of 2022, up 17 percent from the P1.4 billion earned in the same period last year despite the Omicron surge and rising costs. In a press briefing, D&L...
Smart Communications Inc., hit back at DITO Telecommunity Corporation saying its accusation of anti-competitive behavior is baseless, a ploy to shirk huge penalties for the fraudulent voice traffic it fails to control in its network, to the detriment of Smart and the government. While Smart has yet...
The House of Representatives has congratulated the influential religious sect Iglesia ni Cristo (INC) on the occasion of its recent 108th anniversary. File photo | iglesianicristo.net | Manila Bulletin The INC celebrated its 108th anniversary last July 27. Leyte 4th district Rep. Richard Gomez...
