Ayala Malls gathers its merchants in its bid to redefine the post-pandemic mall experience STRIKE A POSE Fernando Zobel takes a selfie with partner merchants, media guests, and Ayala Malls executives The social and economic impact of the ongoing pandemic has been devastating with the dramatic loss...
The local stock market is riding on bullish sentiment and will be looking for cues to gauge if this is sustainable such as the US gross domestic product figures for the second quarter which will be announced this week. “US GDP for the second quarter will be announced this week, which will be...
Their beef bowl is still the best in town If you are a fan of Japanese food, you already know that Yoshinoya has one of the best tasting gyudon bowls out there. Now, in partnership with Jollibee Foods Corporation in the Philippines, the restaurant offers more Japanese food treats in their newly...
The local stock market firmed up again after the respite in the previous session to end the week on a positive note. The main index rose 39.23 points or 0.57 percent to close at 6,863.86 as the Mining and Oil sector rallied and led gains across the board. However, volume dropped to 1.57 billion...
East West Banking Corporation’s net income fell 60.5 percent to P1.5 billion in the first half of the year from the P3.8 billion it earned in the same period of 2021, mainly due to the drop in fixed-income trading revenues. In a disclosure to the Philippine Stock Exchange, the bank said gross...
The local stock market moved sideways while waiting for the Bangko Sentral meeting which started after trading ended. The main index inched up 5.64 points or 0.08 percent to close at 6,824.63 with sectoral indices evenly mixed. Volume rose to 909 million shares worth P13.76 billion as losers...
DMCI Mining Corporation posted an 8 percent upturn in standalone second quarter core net income to P542 million from P502 millionin the same period last year. The firm said in a statement that core profit improved as higher selling prices and stronger US dollar offset the combined impact of lower...
Twelve Malaysia firms from food & beverages, healthcare and ICT will explore business opportunities in the Philippines, according to the Malaysia External Trade Development Corporation (MATRADE). MATRADE is spearheading the Export Acceleration Mission (EAM) in Manila from August 22-26 in...
The local stock market finally took a breather as investors pocketed gains from a 7-day rally. The main index dropped 31.65 points or 0.46 percent to close at 6,818.99 as the Industrial sector led the retreat while Conglomerates and Mining firms continued to advance. Volume was still hefty at 1.17...
Lopez Holdings Corporation reported a 135 percent jump in attributable net income to P2.47 billion in net income attributable to equity holders of the first six months of 2022 from the P1.05 billion earned in the same period last year. In a disclosure to the Philippine Stock Exchange, the firm said...
The local stock market rallied past the 6,800 level on some foreign buying. The main index jumped 112.80 points or 1.67 percent to close at 6,850.64 with Banks leading the charge. Volume rose to 967 million shares worth P8.89 billion as gainers beat losers 111 to 91 with 35 unchanged. 92486...
AllHome, the country’s pioneering one-stop full-line home center, reported a net profit of P525 million in the first half of 2022, 21 percent better than its pre-pandemic performance during the same period of 2019. In a disclosure to the Philippine Stock Exchange, the firm said revenues reached...
