Pryce Corp. hits target as income grows nearly 8%
PRYCE CORP. hit its target profits for 2019 as its consolidated net income grew 7.58% to P1.51 billion.
Manila Water discloses more details of Razon entry
MANILA WATER Co., Inc. has bared the details of Enrique K. Razon, Jr.’s P10.7-billion investment in the firm, which is still subject to compliance with regulatory requirements.
Concentrix to hire thousands as 45th site opens
CONCENTRIX Philippines officially unveiled its 45th site in the country on Tuesday as it targets to hire 5,000 to 6,000 more employees this year.
Cebu Landmasters starts Bohol project
CEBU Landmasters, Inc. (CLI) has launched a new residential project in Bohol that it expects to generate revenues of more than P900 million.
PLDT partners with AI platform provider
THE innovation laboratory (Innolab) of the enterprise business of PLDT, Inc. has signed a partnership agreement with artificial intelligence platform provider Senti AI to “co-create” relevant solutions for businesses in the country.
Media networks say high ratings maintained in Feb.
CITING different rating providers, ABS-CBN Corp. and GMA Network, Inc. reported on Tuesday that they had kept their ratings high last month.
How PSEi member stocks performed — March 3, 2020
Here’s a quick glance at how PSEi stocks fared on Tuesday, March 3, 2020.
Virus spurs rise in online English classes
THE online English education industry is experiencing increased demand as students in China stay home due to the new coronavirus disease COVID-19 epidemic.
More hotels cut rates amid virus
ANGELES CITY, PAMPANGA — More hotels have committed to offer as much as 50% off on their published room rates to help boost domestic tourism amid the coronavirus outbreak, the Tourism Congress of the Philippines said.
SM Prime sets rates for initial tranche of P100B bond offering
SM Prime Holdings Inc. has set interest rates for the initial tranche of the P100 billion shelf registration approved by the Securities and Exchange Commission (SEC).
SC ‘sticks to facts’ in Iloilo utility dispute
THE Supreme Court (SC) maintained that it sticks to the facts and the law in coming up with a decision, following a call of a congressman to President Rodrigo R. Duterte to intervene in the case between the Razon-led MORE Power and Electric Corp. and Panay Electric Co. (PECO).
Consunjis’ Semirara business reports 21% slump in income
CONSUNJI-LED Semirara Mining and Power Corp. (SMPC) reported a 20.7% decrease in income last year to P9.6 billion after its coal business segment recorded a profit decline while one of its power plants recorded lower sales.