D&L Industries to ramp up export business
By Arra B. Francia Reporter
D&L INDUSTRIES, Inc. (DNL) targets to have its export business contribute half of the company’s total revenues by 2025, banking...
Pilmico to build meat cutting facility in Tarlac
PILMICO FOODS Corp., the food subsidiary of listed Aboitiz Equity Ventures, Inc., is planning to build a meat cutting facility in Tarlac.
“We’ll set up...
Aboitiz estimates P7.4-B savings from putting 4 airports under 1 management
By Anna Gabriela A. Mogato,,
Reporter
ABOITIZ InfraCapital, Inc. said its proposal to upgrade four airports in the Visayas and Mindanao and operate them under a...
Wynn settles Universal Entertainment suit for $2.4B
WYNN RESORTS Ltd. agreed to pay a total of $2.4 billion to settle a lawsuit with Universal Entertainment Corp. over the forced redemption of...
How PSEi member stocks performed — March 9, 2018
Here's a quick glance at how PSEi stocks fared on Friday, March 9, 2018.
Unsolicited proposal submitted for Davao, new Bohol airports
CHElSEA Logistics Holdings Corp. (CLC) has submitted to the Department of Transportation (DOTr) an unsolicited Public-Private Partnership (PPP) proposal to develop the Davao and...
Aboitiz Equity earnings dip
ABOITIZ Equity Ventures, Inc. (AEV) saw its earnings dip in 2017, after incurring higher losses from the operations and refinancing of costs for its...
DMCI net income up 16%
EARNINGS of DMCI Holdings, Inc. climbed last year, buoyed by the double-digit growth of the coal energy, real estate and construction segments, as well...
NLEX Corp. to raise P25 B through fixed rate bonds
A TOLLWAY unit of Metro Pacific Investments Corp. (MPIC) plans to raise P25 billion through the issuance of fixed rate bonds, with P6 billion...
Atlas Mining posts P1.97 billion net loss
ATLAS Consolidated Mining and Development Corp. reported that its consolidated net loss ballooned by 124% in 2017, to P1.97 billion, despite its production rebounding...
PLDT expects recurring core profit to hit P24 billion in 2018
By Krista A. M. Montealegre,
National Correspondent
PLDT, Inc. expects a better year after earnings took a hit in 2017 from accelerated depreciation costs, with the...
Jollibee to refinance Smashburger’s $80-M loan
HOMEGROWN fastfood giant Jollibee Foods Corp. (JFC) is planning to refinance Smashburger Master LLC’s $80-million loan as it focuses on ensuring the long-term growth...