2GO Group Inc.’s business arm 2GO Sea Solutions, the leader in domestic freight transportation in the Philippines, aims to boost supply chain efficiency to support the country’s commerce and trade as the economy reopens. In a statement, the company said it has recently optimized its route...
Alliance Global Group, Inc. (AGI), the investment arm of tycoon Andrew Tan, posted a hefty 173 percent jump in net income to P17.3 billion in the first nine months of 2021 from P6.4 billion during the same period last year. In a disclosure to the Philippine Stock Exchange, the firm attributed its...
Max’s Group, Inc., the Philippines’ largest casual dining restaurant group, reported a net income of P235 million in the first nine months of 2021, a strong reversal from the net loss of P982 million in the sam period last year. In a disclosure to the Philippine Stock Exchange, the firm said it...
Fruitas Holdings, Inc. (FRUIT) managed to halve its net loss to P16 million in the first nine months of 2021 from the net loss of P32 million incurred in the same period last year despite the challenging situation. In a disclosure to the Philippine Stock Exchange, the firm said it continued to...
GT Capital Holdings Inc., the flagship of the Ty family, posted 168 percent leap in consolidated net income to P8.7 billion in the first nine months of 2021 from P3.2 billion in the same period last year year. In a disclosure to the Philippine Stock Exchange, the firm said its core net income...
SM Prime Holdings Inc., one of the leading integrated property developers in Southeast Asia, has successfully listing its P10 billion Retail Bond Series O at the Philippine Dealing & Exchange Corp. (PDEx). In a statement, the firm said SM Prime Chief Finance Officer John Nai Peng C. Ong and...
Ongoing builds at the Magelco site Globe Telecom Inc. forged a 25-year partnership with the Maguindanao Electric Cooperative (MAGELCO) to hasten the rollout of fiber-to-the-home (FTTH) technology and provide more affordable electricity in Mindanao. The partnership involves a joint pole agreement...
AllDay Supermarket, the fastest growing supermarket operator in the Philippines, is set to turn in a banner year, as net income jumped 61 percent to P265 million in the first nine months of 2021 from P165 million in the same period last year. In a disclosure to the Philippine Stock Exchange, the...
Cebu-based retailer Metro Retail Stores Group Inc. (MRSGI) narrowed its losses to P306.41 million in the first nine months of 2021 from a net loss of P421.87 million in the same period last year. In a disclosure to the Philippine Stock Exchange, the firm said that quarter-on-quarter, MRSGI tapered...
The Philippine government was told to stop the flooding of pork imports which has been negatively affecting the local hog sector. During the ‘Halalan 2022 Para sa Agrikultura’ virtual forum hosted by the Philippine Chamber of Agriculture and Food Inc. (PCAFI), Senator Francis Pangilinan and...
ati_headoffice With sustained trade recovery amid the Covid-19 pandemic, Asian Terminals Inc. (ATI) hit one-million-teu (twenty-foot equivalent units) at the end of the third quarter and hauled in P8.22 billion revenues for the first nine months of 2021, 3.2 percent higher than the same period last...
PAL-Aircraft_316x210px-1 After slashing operating expenses in the first nine months of 2021, PAL Holdings Inc., the parent company of flag carrier Philippine Airlines (PAL), managed to stem its hemorrhage, bringing down losses from P28.58 billion in the same period in 2020 to P21.61 billion this...
