New TNCs unlikely to end Grab’s ‘virtual monopoly’ — PCC
By Melissa Luz T. Lopez, Senior Reporter
THE ACCREDITATION of new mobile ride-hailing services does not automatically end Grab Philippines’ “virtual monopoly” of the local...
Strong appetite seen for homes at ‘liveable food park’
REVOLUTION Precrafted is seeing strong appetite for its Pampanga project touted as the “world’s first liveable food park.”
Revolution Precrafted Chief Executive Officer Jose Roberto...
How PSEi member stocks performed — April 27, 2018
Here’s a quick glance at how PSEi stocks fared on Friday, April 27, 2018.
Pagcor awards Entertainment City parcel to Bloomberry
THE Philippine Amusement and Gaming Corp. (Pagcor) has awarded 16 hectares of land in Entertainment City to a unit of Razon-led Bloomberry Resorts Corp....
Puregold drops convenience store
PUREGOLD Price Club, Inc. has sold its stake in the Lawson chain of convenience stores after accepting its Japanese partner’s offer to buy out...
Cemex earnings drop 71% in Q1
EARNINGS of Cemex Holdings Philippines, Inc. (CHP) dropped by 71% in the first quarter of 2018, as higher volumes for the period failed to...
Marcventures revenues up
LISTED company Marcventures Holdings Inc. said its mining subsidiary Marcventures Mining & Development Corp. (MMDC) saw an increase in revenue last year due to...
IMI earnings drop due to Shenzhen relocation
INTEGRATED Micro-Electronics, Inc. (IMI) saw its attributable profit decrease by 36% in the first quarter of 2018 amid a double-digit top-line growth, dragged down...
JG Summit appoints Lance Gokongwei as CEO
By Krista Angela M. Montealegre, National Correspondent
THE management changes in JG Summit Holdings, Inc., owned by the country’s second richest man John L. Gokongwei,...
South Luzon developer to foray into socialized housing
By Arra B. Francia, Reporter
AFTER serving the middle income and economic housing segments for more than two decades, South Luzon property developer Calmar Land...
PBB’s new purified water brand boasts BPA-free bottles
By Michael Angelo S. Murillo, Senior Reporter
A NEW brand of bottled drinking water has been introduced in the country, boasting of its production facility...
Now Corp. income surges in 2017
NOW CORP. said its attributable net income surged in 2017, fueled by higher revenues from software licenses and services and broadband services.
In a regulatory...