Cemex Holdings Philippines Inc. (CHP), one of the country’s top cement producers, reported an 18 percent growth in net income to P897 million for the first nine months of 2021 from the P758 million earned in the same period last year. In a disclosure to the Philippine Stock Exchange, CHP said the...
Cebu Landmasters, Inc. (CLI), a property developer focusing in Visayas and Mindanao, has started development of the 100-hectare Minglanilla Techno Business Park (Ming-Mori) reclamation project to fulfill its commitment to complete the project in 2025. In a statement, CLI said that following initial...
SMFI KSK farmers set up their urban farm space where they will practice the various sustainable agriculture techniques that they will learn from the program. The future of food security lies greatly on sustainable agriculture. It is a given that practicing sustainable agriculture in the urban areas...
The retail tranche of the P4.5 billion billion initial public offering AllDay Marts Inc. was 1.62 times oversubscribed, requiring the underwriter PNB Capital and Investment Corporation to refund subscriptions that could not be accommodated. “The overwhelming demand from the Local Small Investors...
The Energy Regulatory Commission (ERC) has flagged Central Negros Electric Cooperative Inc. (CENECO) on pass-on of charges to its customers even if these were anchored on contracts or power supply agreements (PSAs) that already lapsed. In particular, the ERC has condemned the act of CENECO for...
AREIT Inc. (AREIT), the pioneer real estate investment trust in the Philippines, is moving towards net zero operational emissions and is on track to be the country’s first carbon neutral REIT. In a statement, AREIT underscored its commitment to Environmental, Social, and Governance (ESG)...
BDO Leasing & Finance, Inc. (BLFI) registered net income of P39.8 million in the first nine months of 2021 even though it has stopped operations since last year. In a disclosure to the Philippine Stock Exchange, the firm said the earnings were derived solely from fair value gain from...
The Philippine Association of Meat Processors Inc. (PAMPI) said that instead of expanding the market areas for imported pork under the minimum access volume (MAV) plus scheme, the Department of Agriculture (DA) should just allow the sale of frozen meat in wet markets. 41969 "PAMPI had previously...
PLDT_88kLinks PLDT Inc. has blocked at least 88,000 sites and links with online sexual abuse and exploitation of children (OSAEC), nearly three times more in four months, as part of its commitment to protect children online. OSAEC incidents continue to rise as the country continues to battle with...
media Globe Telecom Inc. has built 82 percent more cell sites in the first nine months of this year versus the same period in 2020, the company announced Thursday, Oct. 28, 2021. This translated to 1,080 new cell sites built as of end September, versus 593 in the comparative time span. “The...
In reply to media queries seeking reaction to DA MC# 23 which expands coverage of Minimum Access Volume (MAV) Plus, the Philippine Association of Meat Processors Inc. (PAMPI) issued the following statement: MC #23 is an exercise in futility and will not address the unabated high prices of pork...
PNB Capital and Investment Corporation noted that Philippine Stock Exchange’s approval of the P2 billion initial public offering (IPO) of Medilines Distributors Inc. (Medilines) comes at a time when the economy and the stock market are on the rebound. “We look forward to offering to investors...
