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...
MREIT, Inc., the real estate investment trust of top office landlord Megaworld Corporation, reported a distributable income of P638 million for the second quarter of 2022 sustaining its strong performance in the previous quarter. In a statement, the firm said it also closed the second quarter of...
SM Prime Holdings, Inc. (SM Prime), one of the leading property developers in Southeast Asia, has secured a long-term deal with Aboitiz Power Corporation for Cleanergy supply. In a statement, SM Prime said the deal paves the way in achieving its goal of increasing its renewable energy portfolio to...
Real estate giant Ayala Land Inc. (ALI) registered a 34 percent growth in net incometo P8.1 billion in the first half of the year due to the improved operations of its various business segments. In a disclosure to the Philippine Stock Exchange, the firm said it posted a net income of P4.9 billion...
Robinsons Retail Holdings, Inc. reported a 64 percent jump in attributable net income to P2.7 billion in the first half of 2022 from P1.67 billion in the same period last year due to robust gains from the second quarter. In a disclosure to the Philippine Stock Exchange, the firm said Net sales grew...
Despite tough economic conditions, PLDT Inc. hauled in ₱94.3 billion in consolidated service revenues (net of interconnection costs) in the first half of 2022, up 5 percent versus the same period last year. Telco Core Income, excluding the impact of asset sales and Voyager Innovations, reached...
Dominion Holdings, Inc. (formerly BDO Leasing & Finance, Inc. or BLFI) reported a net income of P3.7 million for the first six months of 2022 compared to the P29.1 million earned in the same period last year. In a statement, parent company BDO Unibank said “This was largely due to lower...
Smart Communications, Inc. delivered the Best Mobile Coverage in the country for the first half of the year, according to the latest independent report by Ookla®, global leader in mobile and broadband network intelligence. Based on user-generated tests and scans in 2.3 million devices across...
