Globe-owned Yondu sees higher demand for tech in pandemic
TECHNOLOGY company Yondu, Inc. has been recording increased demand for its products and solutions due to unique corporate needs that were born out of the coronavirus disease 2019 (COVID-19) pandemic, the wholly owned subsidiary of Globe Telecom, Inc., said.
Decline in home pre-sales seen to go on until 2021
PRE-SALES of residential homes will be down until next year as the pandemic’s impact on households is likely to persist before showing some signs of growth in 2022, an analyst at J.P. Morgan Securities Philippines, Inc. said.
SEC issues new warning against investing in Mining City
THE Securities and Exchange Commission (SEC) is warning the public that it has not given authority to a group named Mining City to solicit investments or offer securities in the Philippines.
Tax appeals court clears AsianLife-BIR compromise deal
THE Court of Tax Appeals (CTA) approved the compromise agreement between AsianLife and General Assurance Corp. and the Bureau of Internal Revenue (BIR) over its 2009 tax deficiency assessment.
MVP firms commit to 24-hour operations for Typhoon Rolly
THE so-called MVP Group — composed of listed companies PLDT Inc., Metro Pacific Investments Corp., and Manila Electric Co. (Meralco) and their respective subsidiaries — has committed to be on round-the-clock operations to prepare for the onslaught of Typhoon Rolly.
Converge slips as wary investors find price tag ‘overvalued’
CONVERGE ICT Solutions, Inc. debuted in a wobbly footing as investors found its price too expensive, making it the most actively traded issue last week.
How PSEi member stocks performed — October 30, 2020
Here’s a quick glance at how PSEi stocks fared on Friday, October 30, 2020.
First Gen plans LNG distribution expansion
Lopez-led First Gen Corp. is preparing a distribution plan to deliver liquefied natural gas (LNG) throughout the country ahead of the construction of its...
Wilcon profit slips 3% on store closures
Quarantine restrictions still weighed down on Wilcon Depot, Inc. as it earned P533.21 million in the third quarter, lower by 2.92% from a year...
Holcim Philippines income up 33% on cost control, efficiency
Holcim Philippines, Inc. posted a 33.3% increase in its net income attributable to the equity holders of the parent company to P613.95 million for...
International expansion lifts Emperador’s profit to P2.5B
Emperador, Inc.'s profit to owners climbed by over a quarter in the three months to September, attributed to contributions of its thriving international business.
The...
Philex Mining reports P495-M profit as revenues improve
PHILEX MINING Corp. posted a higher net income attributable to the equity holders of the parent company at P495.04 million for the third quarter,...