A group of electric cooperatives and member-consumer-owners have thrown their support to Senator Sherwin Gatchalian who is seeking a fresh term in the Senate in the upcoming May 2022 national elections. The 13.5 million-strong National Center of Electric Cooperatives Consumers Inc. (NCECCO) said it...
2Go relief drive in Palawan In response to calls for humanitarian needs following Super Typhoon Odette (Rai) that raged across Southern Philippines, 2GO Group Inc. moved tons of relief goods port-to-port to victims for free. 2GO Group, Inc.’s business arm, 2GO Sea Solutions, transported donations...
Solid Cement Corporation, a subsidiary of Cemex Holding Philippines Inc. (CHP), is finally pushing through with its long delayed capacity expansion at higher cost of $323 million from the original $235 million in 2018. In a disclosure to the Philippine Stock Exchange, CHP said Solid will be...
Cemex Holdings Philippines Inc. (CHP) reported a 26 percent drop in net income to P726 million last year from the P985 million earned in 2020 mainly due to foreign exchange losses as well as the lower operating earnings in the fourth quarter. In a disclosure to the Philippine Stock Exchange, CHP...
Century Properties Group, Inc. has set the rate for its 5-year fixed rate bond at 5.7524 percent per annum prior to a public offering that aims to raise up to P3 billion. “We are happy with the strong capital markets condition allowing us to price the issuance at the tighter end of the range of...
The Food and Drug Administration (FDA) said on Wednesday, Feb. 9 that the coronavirus disease (COVID-19) pill Molnupiravir of Lloyd Laboratories Inc. may be marketed by the firm at P50 to P75 per capsule. Molnupiravir (AFP / MANILA BULLETIN) During a Laging Handa press briefing,...
The Muntinlupa City Council held a public hearing on Tuesday, Feb. 8, to investigate the severe water service interruption being experienced by customers of Maynilad Water Services in Muntinlupa and other cities and municipalities. The City Council’s Committee on Environment, chaired by Councilor...
The local stock market recovered the previous day’s losses as investors took positions ahead of changes in the PSEI and MSCI. The main index rose 77.93 points or 1.06 percent to close at 7,458.23 with Holding Firms and Services sectors leading the advance while Banks lagged behind. Volume dropped...
Two members of the Gokongwei group, Robinsons Land Corporation (RLC) and Robinsons Retail Holdings Inc. (RRHI), have made it to the 2022 Bloomberg Gender-Equality Index (GEI). RLC and RRHI comprise half of the only four listed companies in the Philippines included in this year’s roster, alongside...
The proclamation rally of presidential aspirant Ferdinand “Bongbong” Marcos Jr. and vice presidential candidate Sara Duterte-Carpio at the Iglesia ni Cristo-owned Philippine Arena on Tuesday does not necessarily mean an endorsement from the bloc-voting church to their candidacies. This was...
Willie Revillame's impending departure from GMA has been hot topic for days now. Many are speculating as to what exactly made Willie decide to end his run with the network. In “Cristy Ferminute,” Monday, host Cristy Fermin maintained Willie did not “betray” GMA. “Nagsabi din naman siyang...
Figaro Coffee Systems, Inc. (FCSI), a wholly-owned subsidiary of Figaro Coffee Group, Inc. (FCG), registered record revenues and net income last year amid the pandemic. In a disclosure to the Philippine Stock Exchange, FCG said FCSI posted a 274 percent surge in unaudited net income before tax to...
