The "gas aggregation" scheme being proposed by Prime Infrastructure Capital Inc. of the Razon group, will help soften electricity rates for consumers because the scheme will lessen the risk of gas plant-developers in their fuel procurements. This is according to ENEX Energy Corporation Chairman...
Property and spirits magnate Andrew Tan’s real esate investment trust MREIT, Inc. improved its distributable income by 12 percent to P1.4 billion during the first half of 2023. In a disclosure to the Philippine Stock Exchange, the Megaworld-sponsored REIT said its revenues grew by 15 percent to...
The Po family’s Century Pacific Food, Inc. (CNPF), one of the leading branded food and beverage manufacturers in the Philippines, reported an 8 percent improvement in consolidated net income to 3.2 billion in the first half of 2023. In a disclosure to the Philippine Stock Exchange, the firm said...
Diversified engineering conglomerate DMCI Holdings of the Consunji family reported a consolidated net income of P15.9 billion in the first semester, a 22 percent decrease from P20.3 billion last year due. In a disclosure to the Philippine Stock Exchange, the firm said this is due to lower...
Integrated Micro-Electronics Inc. (IMI), the manufacturing arm of the Ayala Group, saw its net loss balloon to $82.9 million in the second quarter of 2023 from the $3.5 million loss incurred in the same period last year. In a disclosure to the Philippine Stock Exchange, the firm said this includes...
San Miguel Food and Beverage, Inc. (SMFB), one of the core units of diversified conglomerate San Miguel Corporation, reported a net income of P18.8 billion in the first half of 2023, the same as its record performance in the same period last year. In a disclosure to the Philippine Stock...
The Television and Production Exponents Inc. (TAPE) successfully renewed the trademark registration of the name “Eat Bulaga,” its noontime show, for another 10 years amid the ongoing legal dispute with Tito and Vic Sotto, and Joey de Leon, known as TVJ. The Bureau of Trademarks under the...
Subdivision and Housing Developers Association, Inc. (SHDA) strongly backed the review of the housing industry roadmap 2012-2030 to stay current with the ever-evolving landscape of the industry. SHDA Chairman Arlene Keh noted in a statement that the roadmap was initially created for the years 2012...
DAVAO CITY – Electricity rates in Davao City have stabilized as coal prices in the world market have decreased, an executive of the Aboitiz-owned Davao Light and Power Company (DLPC) said. Rodger S. Velasco, DLPC president and chief operating officer, told Wednesdays Media Forum at Habi at Kape...
Tito Sotto, one of the hosts of TV5’s “E.A.T.” and a former host of “Eat Bulaga,” said he submitted an affidavit but not the required judicial affidavit for the case filed by him, Vic Sotto, Joey de Leon, known as TVJ, and Jeny Ferre against the Television and Production Exponents Inc....
Ael Banal emphasized the need for Wilcon Depot 3x3 to always be at its A-game to be able to win in PBA 3x3 Season 3 First Conference. *Ael Banal (Photo courtesy of Wilcon Depot 3x3 Team)* "We can't be complacent. We have to play every game like it's for the championship despite every adversity that...
The second hearing in a case filed by Tito and Vic Sotto, and Joey de Leon, known as TVJ, and Jeny Ferre against the Television and Production Exponents Inc. (TAPE), the producer of the noontime show “Eat Bulaga,” and GMA Network was canceled on July 31 after Tito Sotto was unable to submit his...
