Cebu-based retailer Metro Retail Stores Group Inc. (MRSGI) narrowed its losses to P306.41 million in the first nine months of 2021 from a net loss of P421.87 million in the same period last year. In a disclosure to the Philippine Stock Exchange, the firm said that quarter-on-quarter, MRSGI tapered...
The Philippine government was told to stop the flooding of pork imports which has been negatively affecting the local hog sector. During the ‘Halalan 2022 Para sa Agrikultura’ virtual forum hosted by the Philippine Chamber of Agriculture and Food Inc. (PCAFI), Senator Francis Pangilinan and...
ati_headoffice With sustained trade recovery amid the Covid-19 pandemic, Asian Terminals Inc. (ATI) hit one-million-teu (twenty-foot equivalent units) at the end of the third quarter and hauled in P8.22 billion revenues for the first nine months of 2021, 3.2 percent higher than the same period last...
PAL-Aircraft_316x210px-1 After slashing operating expenses in the first nine months of 2021, PAL Holdings Inc., the parent company of flag carrier Philippine Airlines (PAL), managed to stem its hemorrhage, bringing down losses from P28.58 billion in the same period in 2020 to P21.61 billion this...
(Top left - right) Quark Henares, Jose Mari Chan; (below) Chrissy Roa Ayala Land and Make It Makati continue to bring joy and magic to the Christmas celebration. Festival of Lights: Virtual Edition 2021 is launching once again through a two-part show in partnership with Globe Studios, led by...
33951 Telcos blamed combined non-technical and technical issues for the "birth pains" of implementing Mobile Number Portability (MNP). However, Telecommunications Connectivity Inc. (TCI), a joint venture of DITO Telecommunity, Globe Telecom Inc. and Smart Communications Inc., assured the National...
Medilines Distributors Inc., a leading distributor of medical equipment in the country, is looking forward to partnerships with other world-renowned brands in the future. “We are always looking out for opportunities to serve more quality innovations to Filipinos and exploring business...
VisMin developer in Cebu Landmasters Inc. (CLI) reported a 23 percent improvement in net income to P1.85 billion in the first nine months of 2021, from P1.5 billion in the same period last year, surpassing its full-year 2020 figure of P1.84 billion. In a disclosure to the Philippine Stock Exchange,...
LT Group, Inc. posted a 38 percent drop in attributable net income to P9.95 billion for the first nine months of 2021 from the P16.10 billion reported for the same period in 2020. In a disclosure to the Philippine Stock Exchange, the firm said “The decline is mainly due to the higher provisioning...
Marcventures Holdings Inc. (MHI) consolidated income during the first nine months of the year surged to P790.31 million, a 384.32 percent increase from the P163.18 million the company had in the same period last year. This is amid the robust third quarter performance of the firm’s subsidiary,...
AREIT Inc., the pioneering Real Estate Investment Trust (REIT) in the Philippines, reported a 49 percent jump in net income to P1.49 billion in the first nine months of 2021. In a disclosure to the Philippine Stock Exchange, the firm said this figure excludes fair value gain and one-time reversal...
AC Logistics Holdings Corp., a wholly owned subsidiary of Ayala Corporation, is acquiring a controlling 60 percent stake in the Air 21 Group from Alberto D. Lina for an undisclosed sum. In a statement, AC Logistics said it has signed an Investment Agreement with Lina, Air 21 Holdings Inc. (AHI),...
