Manila Bulletin is set to further its commitment to promoting sustainability awareness with the launch of the first-ever Manila Bulletin Sustainability Focus Session. The event is scheduled to take place on September 24, 2024, at the Dr. Robert C. Sy Grand Ballroom, located within the Blessed...
Universal Robina Corporation (URC) and the Department of Agriculture (DA) have agreed to continue a potato farming program that has significantly enhanced overall farm productivity in the Philippines. “Since its inception, this program has exemplified the power of public-private partnerships in...
Jaime Alfonso Zobel de Ayala, CEO of ACMobility, automotive arm of the Ayala Group of Companies Getting around town has always been challenging for Filipinos. Even when we don’t need to travel very far, transportation is quite a vital part of our daily routine. It isn’t helping that the high...
Consumers will have a few more pesos to spend on their other basic needs this week, as fuel prices will be on significant rollback to the tune of P2.45 per liter for gasoline; and P1.90 per liter for diesel products. Kerosene, which is the other commodity in the triumvirate of weekly price...
Rizal Commercial Banking Corporation (RCBC) of the Yuchengco Group posted a 12 percent improvement in unaudited consolidated net income to P4.5 billion for the first half of 2024. The bank said in a disclosure to the Philippine Stock Exchange (PSE) that profit growth was supported by a 12 percent...
Vitarich Corporation (VITA), a poultry integrator and manufacturer of animal feeds and food products, reported that its net income surged 5.5 times to P167 million in the first half of the year despite lower revenues. In a disclosure to the Philippine Stock Exchange (PSE), the firm said its...
Robinsons Land Corporation (RLC) has partnered with the Bases Conversion and Development Authority (BCDA) to develop the mixed-use Bonifacio Capital District in Taguig City. The firm said in a disclosure to the Philippine Stock Exchange, the project will combine residential, commercial,...
The Sy-led SM Prime Holdings Inc. is allocating P10 billion of 10 percent of its capital expenditures to sustainable and resilient designs and using renewable energy as part of its commitment to preserving the environment. In a statement, SM Investments Corporation said SM Prime integrates rigorous...
State-run Philippine National Oil Company (PNOC) is seeking the allocation of P6.02 billion supplemental budget so it can have ready financial capacity to cough up investment in case one of the consortium-members in the Malampaya gas field project would face snags in its capital contribution to the...
The local stock market surged on stronger volume as investors continued to cheer the strong growth of the country’s economy. The main index jumped 98.53 points or 1.50 percent to close at 6,647.80 as the Mining and Oil sector led the rally across the board. Volume rose to 857 million shares worth...
EastWest Banking Corporation (EW) registered a six percent hike in net income to P3.5 billion for the first half of 2024 from P3.3 billion in the same period last year on the back of consistent core revenue growth from a bigger asset base and higher yields. In a disclosure to the Philippine Stock...
President Marcos has approved the merger of the United Coconut Planters Bank Leasing and Finance Corporation (ULFC) ) and Land Bank of the Philippines Leasing and Finance Corporation (LLFC). Marcos made the approval through Executive Order No. 65 dated Aug. 6. The merger has LLFC as the surviving...
