AllDay Supermarket, the Philippines’ fastest growing supermarket operator and mid-premium segment leader, remains optimistic going into 2022 after seeing a strong 28 percent growth chain-wide footfall in the fourth quarter of 2021. In a disclosure to the Philippine Stock Exchange, AllDay said...
The local stock market declined on renewed concern over tensions between Russia and Ukraine. The main index shed 20.14 points or 0.27 percent to close at 7,418.79 as the Industrial counter led the retreat that was partially offset by the strong gains of the Property and Mining and Oil sectors....
MARIWASA Siam Ceramics, Inc. is well aware of the importance of sturdy and stylish flooring - - and tapping the latest technology to achieve the product result. This is evident in their recently launched vinyl tile available in 30x30cm and promotes innovation, style, comfort, and quality....
Medilines Distributors Inc.n reported a record performance for 2021 with net income jumping 50 percent to P154 million from P103 million in 2020 while revenues improve 10 percent to P1.6 billion last year. In a statement, the firm said both profit and revenue figures are record achievements for the...
CNPF set to complete P700-M coco facility expansion By JAMES A. LOYOLA Century Pacific Food, Inc. (CNPF), one of the largest food and beverage manufacturers in the Philippines, is expecting to complete the P700-million expansion of its coconut OEM (original equipment manufacturer) facility in...
Solar Philippines Nueva Ecija Corporation (SPNEC) is raising P10 billion from the capital market, including a planned stock rights offering (SRO), to complete its development of 10 GW of solar projects. In a disclosure to the Philippine Stock Exchange, the firm said its Board of Directors has...
The Securities and Exchange Commission (SEC) has revoked the registration of Suhail Medical Center, Inc. for unauthorized solicitation of investments from the public. In its order, the SEC Enforcement and Investor Protection Department (EIPD) said it found that the company headed by Jesser T....
A group of electric cooperatives and member-consumer-owners have thrown their support to Senator Sherwin Gatchalian who is seeking a fresh term in the Senate in the upcoming May 2022 national elections. The 13.5 million-strong National Center of Electric Cooperatives Consumers Inc. (NCECCO) said it...
2Go relief drive in Palawan In response to calls for humanitarian needs following Super Typhoon Odette (Rai) that raged across Southern Philippines, 2GO Group Inc. moved tons of relief goods port-to-port to victims for free. 2GO Group, Inc.’s business arm, 2GO Sea Solutions, transported donations...
Solid Cement Corporation, a subsidiary of Cemex Holding Philippines Inc. (CHP), is finally pushing through with its long delayed capacity expansion at higher cost of $323 million from the original $235 million in 2018. In a disclosure to the Philippine Stock Exchange, CHP said Solid will be...
Cemex Holdings Philippines Inc. (CHP) reported a 26 percent drop in net income to P726 million last year from the P985 million earned in 2020 mainly due to foreign exchange losses as well as the lower operating earnings in the fourth quarter. In a disclosure to the Philippine Stock Exchange, CHP...
Century Properties Group, Inc. has set the rate for its 5-year fixed rate bond at 5.7524 percent per annum prior to a public offering that aims to raise up to P3 billion. “We are happy with the strong capital markets condition allowing us to price the issuance at the tighter end of the range of...
