Leading small footprint food and beverage store operator Fruitas Holdings, Inc. is diversifying into the healthcare business. In a disclosure to the Philippine Stock Exchange, the firm said it has entered an agreement to acquire 100% of the shares of Surehealth Multi-Specialty and Diagnostic Clinic...
SM Prime Holdings Inc., one of the leading integrated property developers in Southeast Asia, reported a 9 percent improvement in consolidated net income to P15.6 billion in the first nine months of 2021 from P14.4 billion in the same period last year. In a disclosure to the Philippine Stock...
The Fiscal Incentives Review Board (FIRB) has approved the grant of tax incentives for the builder of the Makati City Subway, the Department of Finance (DOF) announced. In a statement released by the DOF on Monday, Nov. 8, it said that the FIRB took into consideration the projected increase in...
The Philippine Association of Meat Processors Inc. (PAMPI) welcomed the decision of the Department of Agriculture (DA) to withdraw its latest order on new labelling requirements for imported meat. 43979 In a letter to DA, PAMPI thanked DA Secretary William Dar for his decision to order the...
Medilines Distributors Incorporated (Medilines) aims to retain its leadership in the distributor segment for critical medical equipment as the healthcare industry in the Philippines continues to grow. Based on a recent independent study made by Ken Research, spending on healthcare rose from P489.1...
Razon-led International Container Terminal Services Inc. (ICTSI) registered a 73 percent growth in net income in the first nine-months of the year owing to improved domestic and international trade.
In a statement, Enrique K. Razon, Jr., ICTSI chairman and president said on Friday, Nov. 5,...
SM Prime Holdings, Inc. (SM Prime) has joined more than 2,500 organizations worldwide in supporting the Task Force on Climate-related Financial Disclosures (TCFD) and its goal of creating a more resilient financial system through better climate risk disclosures. Created in 2015 by the Financial...
Top mass housing developer 8990 Holdings Inc. reported a 63 percent jump in net income to P5.4 billion in the first nine months of 2021 from the P3.31 billion earned in the same period last year as the real estate sector begins to recover from the impact of the pandemic. In a disclosure to the...
Figaro Coffee Group Inc., a local coffee shop and restaurant chain owner, is planning to raise up to P1.77 billion from a planned initial public offering to its expansion and acquisitions. Based on the firm’s registration statement filed with the Securities and Exchange Commission, Figaro is...
The decision of the Metropolitan Waterworks and Sewerage System (MWSS) to remove the Foreign Currency Differential Adjustment (FCDA) from the water bills will have a different impact on the respective customers of Manila Water Company, Inc. and Maynilad Water Services, Inc. Unfortunately, it will...
pldt-logo-ver2 In the first nine months of the year, PLDT Inc.’s Consolidated Service Revenues (net of interconnection costs) rose 7 percent to ₱135.9 billion, driven by record-high service revenues of ₱46 billion in the third quarter. However, reported that its net income declined by 4...
Smart_500x500 Smart Communications Inc. (Smart) registered a three-fold increase in its 5G data traffic in the second and third quarter 2021 as average monthly data traffic grew by nearly 20 times. This developed as YouGov, a London-based international research data and analytics group, reported...
