Concepcion Industrial Corporation (CIC), the country's leading consumer lifestyle and enterprise solutions provider, reported that its consolidated earnings almost doubled to P944.9 million. In a disclosure to the Philippine Stock Exchange, the firm said the 93 percent profit jump from the same...
The Philippine Stock Exchange Index (PSEi) ended in the green in volatile trading as investors digested fresh earnings reports while anticipating the release of more US and Philippine economic data. The main index rose by 29.01 points or 0.40 percent to close at 7,343.24 with all sectoral indices...
Ramon Ang-led New NAIA Infrastructure Corporation (NNIC) braces itself for the expected influx of passengers at the Ninoy Aquino International Airport (NAIA) for the All Souls’ Day break. In a statement on Monday, Oct. 28, NNIC said it joined forces with industry stakeholders such as the Manila...
PetroGreen Energy Corp. (PGEC), the energy arm of Yuchengco-led PetroEnergy Resources Corp. (PERC), announced that its 27-megawatt (MWp) Dagohoy Solar Power Project has been linked to Bohol’s grid. In a disclosure to the Philippine Stock Exchange on Monday, Oct. 28, PetroGreen stated that the...
The country’s top lender BDO Unibank Inc. (BDO) reported a 12 percent year-on-year (YoY) growth in net profit to P60.6 billion in the first nine months of 2024. In a disclosure to the Philippine Stock Exchange (PSE), the bank said its growth in net income was driven by the sustained contribution...
Holding firm Aboitiz Equity Ventures Inc. (AEV) reported a four percent improvement in consolidated net income to P18.8 billion for the first nine months of 2024, from the P18 billion reported for the first nine months of 2023. In a disclosure to the Philippine Stock Exchange (PSE), the firm...
Megawide Construction Corporation is planning to raise about P7.6 billion from the issuance of its Series 6 preferred shares, via share subscription and a follow-on offering, after increasing its authorized capital stock to P5.18 billion. In a disclosure to the Philippine Stock Exchange (PSE), the...
Solar developers are literally and figuratively hungry – hungry for land and hungry for vault-breaking investment deals. The best part? They do these things with a smirk: hey, “we’re saving the planet!” Perhaps if there’s a conversation among cows and goats which used to be happily...
Junrey Ubod's farm, resting at the foot of the hill. By DERCO ROSAL While sipping their coffee at dawn, their phones lit and vibrated simultaneously for a text blast. "Chance of rain: LOW," it read. It looks like today’s going to be clear, Cebu farmers thought as they set their...
Interior design trends come and go. With cultural shifts happening around the world, they can be as short as five to ten years. Your interiors, on the other hand, should have a longer lifespan: forever. Choosing a personal, intentional style that matches the interior...
The local stock market managed to end the last trading day of the week on a positive note as the typhoon leaves the Philippines. The main index added 30.44 points or 0.42 percent to close at 7,314.23 with Banks leading the advance while the Property and Industrial sectors remained in the red....
A Mauritius-based fund manager is eyeing a $50-million investment from the International Finance Corp. (IFC) to support medium-sized firms in the South and Southeast Asian regions, including the Philippines. The IFC disclosed on Oct. 22 that Creador Management VI Ltd. sought funding from the World...
