Balai ni Fruitas Inc. (BALAI) reported that its profits for the first half of 2022 already exceed full-year 2021 levels as it continued to benefit from economies of scale and improved store performance. In a disclosure to the Philippine Stock Exchange, the firm said its net income reached P15...
PLDT, Inc. Monday, August 1, achieved the second closing of its P77 billion sale of 5,907 telecom towers and related passive telecom infrastructure. Today's P13.2 billion transaction covers the sale of 1,013 telecom towers. This follows the first closing attained on June 1, covering 3,012 telecom...
The Maynilad Water Services Inc. announced that parts of Pasay, Parañaque, and Las Piñas cities will experience a 24-hour water service interruption starting 12:01 of August 1 up to August 2. Based on the announcement of the Maynilad, it will be conducting emergency leak repair on Roxas...
Individuals who are exhibiting monkeypox symptoms such as rash or one or more acute skin lesions were told to seek immediate medical attention. Private Hospitals Association of the Philippines Inc. (PHAPi) President Dr. Rene De Grano urged individuals presenting monkeypox symptoms to seek immediate...
To celebrate the first anniversary of its most modern vessel, MV 2GO Masagana, 2GO Travel is offering a Sea Sale of P99, one way, for voyages to and from Manila and Tagbilaran from today, August 1 to 7 for travel from September 1 to October 11, 2022. Fares are inclusive of accommodations and a 50...
Aboitiz Equity Ventures Inc. reported a 12 percent dip in consolidated net income to P11.8 billion in the first half of 2022 from the P13.5 billion recorded during the same period last year. In a disclosure to the Philippine Stock Exchange, AEV said it recognized non-recurring gains of P2.7...
Barangay Ginebra staved off elimination and grinded out a pulsating 94-87 victory over Meralco in Game 2 of their best-of-three quarterfinals series on Friday, July 29, at the FilOil-EcoOil Centre in San Juan City. Japeth Aguilar (PBA Images) The Gin Kings lived up to their "never-say-die" mantra...
The PSEi dropped in the last trading day of the month as investors took profit from the previous day’s spike in prices. The main index lost 63.33 points or 0.99 percent to close at 6,315.93 as Conglomerates led the retreat although the Banks and Services counters continued to advance....
Cemex Holdings Philippines Inc. (CHP), recorded a net loss of P267 million for the first half of 2022 from a net income of P804 million in the same period last year, with a net loss of P528 million incurred during the second quarter. In a disclosure to the Philippine Stock Exchange, the firm said...
The Annual Stockholders’ Meeting of EasyCall Communications Philippines Inc. on August 19, 2022 will be held via hybrid set-up. Due to public health concerns, stockholders may participate only through remote communication, and cast their votes only through online casting of votes/proxies. BOD and...
Housing developer 8990 Holdings, Inc. posted a 55 percent increase in net income to P3.65 billion in the first six months of 2022 from P3.46 billion in the same period last year. In a disclosure to the Philippine Stock Exchange, 8990 President and CEO Anthony Vincent Sotto said that the company was...
PLDT Inc. this month completes the migration of its legacy fixed wireless service called Home Ultera into a faster network to benefit more than 3,000 subscribers. By end-July 2022, the telco will finish decommissioning 185 telecom towers that provide Time-Division Duplex Long-Term Evolution or...