SM Prime Holdings Inc., one of the leading integrated property developers in Southeast Asia, has successfully listing its P10 billion Retail Bond Series O at the Philippine Dealing & Exchange Corp. (PDEx). In a statement, the firm said SM Prime Chief Finance Officer John Nai Peng C. Ong and...
Ongoing builds at the Magelco site Globe Telecom Inc. forged a 25-year partnership with the Maguindanao Electric Cooperative (MAGELCO) to hasten the rollout of fiber-to-the-home (FTTH) technology and provide more affordable electricity in Mindanao. The partnership involves a joint pole agreement...
AllDay Supermarket, the fastest growing supermarket operator in the Philippines, is set to turn in a banner year, as net income jumped 61 percent to P265 million in the first nine months of 2021 from P165 million in the same period last year. In a disclosure to the Philippine Stock Exchange, the...
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...
