Cosco Capital, Inc. and subsidiaries reported a 12 percent growth in consolidated net income to P5.59 billion in the first half of 2022 from P4.99 billion in the same period last year despite challenges from the lingering macro-economic impacts on business. In a disclosure to the Philippine Stock...
LT Group, Inc. (LTG), the flagship of taipan Lucio Tan, reported a 313 percent surge in consolidated attributable net income to P15.40 billion for the first half of 2022 from the P3.73 billion earned in the same period last year. In a disclosure to the Philippine Stock Exchange, the firm said...
Cybercrime will cost the world more than $10 trillion annually in 2025, making the illicit industry more profitable than the cross-border trade of illegal drugs. This was according to PLDT and Smart Communication Inc.'s Cyber Security Operations Group (CSOG), quoting data from Cybersecurity...
CONNECTIVITY PARTNERSHIP From left: Jason Ocampo, National Book Store’s Information and Communications Technology Department Head; Xandra Ramos-Padilla, National Book Store’s Managing Director; Jesus Romero, Converge ICT Solutions, Inc.’s Chief Operations Officer; Joffrey Marfil, Converge ICT...
Alliance Global Group, Inc. (AGI), the holding company of tycoon Dr. Andrew L. Tan, posted a 3 percent decline in attributable profit to P8.2 billion while reported net income dipped 6 percent to P12 billion. In a disclosure to the Philippine Stock Exchange, AGI said consolidated revenues rose by...
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...
