Maynilad continues to expand pipe network
MAYNILAD WATER Services, Inc. said it installed 38 kilometers of new water pipes in 2017, resulting in an expansion of its distribution line to...
How PSEi member stocks performed — March 16, 2018
Here's a quick glance at how PSEi stocks fared on Friday, March 16, 2018.
Max’s sets capex at P600M, boosts 2017 earnings
LISTED restaurant operator Max’s Group, Inc. (MGI) said it has set a capital spending budget of roughly P600 million mainly to modernize and for...
LT Group profit rises 15% in 2017 lifted by PNB
LT Group, Inc. (LTG) posted a net income of P10.83 billion in 2017, higher by 15% compared with P9.39 billion in the earlier year,...
First Gen posts flat earnings
FIRST Gen Corp. reported “flat earnings growth” for 2017, at $163 million, as the natural calamities that struck Leyte last year hit the performance...
Eagle Cement nets P4.26B in 2017
EAGLE Cement Corp. reported a net income of P4.26 billion in 2017, up 4% from the previous year, amid cost efficiencies and as sales...
SMC core profit up 11% in 2017
By Krista A. M. Montealegre,
National Correspondent
SAN MIGUEL Corp. (SMC) chalked up a double-digit growth in recurring earnings last year on the back of the...
Revolution Precrafted expands into Myanmar
REVOLUTION Precrafted Properties Philippines, Inc. has secured a $1.2-billion deal to build residential projects for Myanmar’s KT Group, as the company sets its Asian...
DoubleDragon targets P3-billion sales from Fort Bonifacio hotel
By Arra B. Francia, Reporter
DOUBLEDRAGON Properties Corp. targets to book P3.01 billion in sales from its Hotel101 project in Fort Bonifacio, Taguig City.
The listed...
Nestlé opens P2-billion malt plant in Batangas
NESTLÉ Philippines has launched a P2-billion plant that produces malt extract for its popular Milo drink in Lipa, Batangas.
In a statement, Nestlé Philippines said...
Manila Water acquires minority stake in Thai company for P8.6 billion
MANILA WATER Co., Inc. on Thursday said it has completed the deal to acquire a minority stake in a Thai company for P8.6 billion.
Ferdinand...
DM Wenceslao to develop 9 projects over 5 years
PROPERTY developer DM Wenceslao and Associates, Inc. has lined up nine projects in Metro Manila over the next five years, in a bid to...