Metro Pacific affiliate Axelum Resources Corporation, the country’s leading fully-integrated manufacturer and exporter of premium coconut products, reported a core net loss of P158 million for 2023 from a net income of P983 million in 2022. “The weaker-than-normal performance was mainly...
Monde Nissin Corporation reported a net loss of P625 million last year as it continued to suffer from its meat alternative business although this is an improvement from the P13.02 net loss incurred in 2022. In a disclosure to the Philippine Stock Exchange, the firm said its reported net loss for...
SM Prime Holdings, Inc. (SM Prime), one of the leading integrated property developers in Southeast Asia, is embarking on a unified waste management and segregation campaign in response to the growing global crises on waste. SM Prime aims to bring all its property groups and stakeholders toward an...
The Department of Foreign Affairs (DFA) has placed Haiti under Crisis Alert Level 3, activating the Philippine government’s voluntary repatriation program, because of the ongoing gang violence in the Caribbean country. Protesters react while tires burn in the street during a demonstration...
Henry Cavill may be seen in the upcoming Marvel Cinematic Universe's reboot of the X-men franchise. Reports have it that the former "Superman" actor will play the role of Cyclops in the reboot. The reports have created huge buzz among fans. Initially, the British actor is said to have...
Sy-led Data Lake, Inc. has cemented a teaming agreement with DFNN, Inc. to reinforce internet connectivity in the country by bolstering up Starlink’s presence with suite of offers on complementary technology, sales channels as well as marketing expertise. Businessman Ramon Garcia Jr, who is the...
EEI Corporation, one of the country’s leading construction firms, expects new opportunities to open up for the company and Filipino workers in Saudi Arabia which has launched its Vision 2030 masterplan for economic growth. Vision 2030 is Saudi Arabia’s masterplan to transform and diversify its...
Monde Nissin Corporation’s meat alternative business, under the brand Quorn, continues to be a drag in the company’s financial performance in 2023 and has been offsetting growth in other segments. In a disclosure to the Philippine Stock Exchange, Monde Nissin said “Our Meat Alternative...
Monde Nissin Corporation announced that preliminary figures for the fourth quarter will translate to single-digit growth in revenues even though its meat alternative business continues to be a drag. In a disclosure to the Philippine Stock Exchange, Monde Nissin said expectations are based on...
ILIGAN CITY – Misamis Occidental Gov. Henry S. Oaminal recently awarded P300,000 financial assistance each to eight members of the New People’s Army Guerrilla Front Sendong who surrendered to the 10th Infantry "Steady On" Battalion (IB). EIGHT New People’s Army rebels receive P300,000...
Construction giant EEI Corporation (EEI) has signed a Memorandum of Understanding (MOU) for the purchase of machinery from ZL Machinery Philippines Inc. and Chinese construction machinery maker Zoomlion Heavy Industry Science & Technology Co., Ltd. (ZHIST). In a disclosure to the Philippine...
EEI Corporation, a member of the Yuchengco Group, is seeking to diversify from its main line of EPC (engineering, procurement, construction) work for the petroleum industry into civil works in the Middle East where there is growing demand for the construction of buildings and infrastructure. In an...
