Multiple barangays within Pasig and Quezon City are subject to another water interruption, according to east zone concessionaire Manila Water Co. starting Saturday, Nov. 11. According to the water distribution utility, certain sites in Pasig will get new water valves in their system, such as the...
Taipan Lucio Tan’s investment holding company LT Group Inc. (LTG) reported a six percent dip in attributable net income to P19.25 billion for the first nine months of 2023 from the P20.41 billion earned in the same period last year due to a drop in profits from its tobacco business. In a...
West Zone Concessionaire Maynilad Water Services, Inc. reported the presence of yellow water in the water supplies of their consumers. In a statement on Thursday, Nov. 9, Maynilad addressed that the color is due to the high levels of Manganese in the raw water from an outlet of Angat Dam. The water...
Cosco Capital Inc., the retail holding firm of tycoon Lucio L. Co, reported a modest 4.8 percent improvement in consolidated net income to P9.1 billion in the first nine months of 2023 from the P8.7 billion earned a year ago. In a disclosure to the Philippine Stock Exchange (PSE), the firm...
Processed tuna exporter Alliance Select Foods International Inc. (ASFII) reported a higher net loss of $867,000 in the first nine months of 2023 from $593,000-loss in the same period last year due to rising costs, interest payments and foreign exchange losses. In a disclosure to the Philippine...
Bacoor, Caloocan, Navotas, Quezon City, and San Juan are expected to experience water disruptions starting Thursday, Nov. 9, according to the two Metro Manila concessionaires, Manila Water Co. and Maynilad Water Services, Inc. This is due to the line and network maintenance conducted in the cities,...
Billionaire Andrew Tan’s township developer Megaworld Corporation reported a 39 percent growth in net income to P13.5 billion in the first nine months of 2023 as it posted double-digit growth across all core business segments. In a disclosure to the Philippine Stock Exchange (PSE), the firm said...
The Department of Justice (DOJ) might release the resolution of the complaints against the alleged religious cult Socorro Bayanihan Services Inc. (SBSI) by middle of November. Justice Undersecretary Nicholas Felix Ty on Monday, October 9 disclosed this during the Senate Finance Committee...
The Po and Gokongwei families have beefed up their stakes in Shakey’s Pizza Asia Ventures Inc. (PIZZA), one of the leading food service groups in the Philippines, by buying out the stake of Singapore’s sovereign wealth fund GIC for P2.69 billion. In a disclosure to the Philippine Stock Exchange...
San Miguel Food and Beverage Inc. (SMFB), a core unit of diversified conglomerate San Miguel Corporation, posted a 4.6 percent growth in consolidated net income to P27.5 billion in the first nine months of 2023 from P26.3 billion in the same period last year. In a statement, the firm said it...
The Po family’s Century Pacific Food Inc. (CNPF), one of the country’s leading food and beverage companies, reported a 10 percent year-on-year improvement in net income to P4.6 billion in the first nine months of 2023. In a disclosure to the Philippine Stock Exchange (PSE), the firm said it...
STI Holdings, one of the biggest networks of private schools in the Philippines, more than doubled its net income to P873.8 million for the fiscal year ending June 30, 2023, from the previous year's P416.2 million. In its annual disclosure to the Philippine Stock Exchange (PSE), the company said...
