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...
LBC Express snaps up 4 US-based cargo, remittance firms
LBC EXPRESS Holdings, Inc. acquired United States-based cargo and remittance companies from its affiliate for $8.5 million to boost revenues from international markets.
The logistics...
GERI says 90% of Alabang West Village lots sold
GLOBAL-ESTATE RESORTS, Inc. (GERI) continues to see robust take-up of residential lots in its Alabang West Village township, riding on the positive prospects for...
SEC upholds halt order vs Calata’s Krops
THE Securities and Exchange Commission (SEC) has denied the petition of businessman Joseph H. Calata’s group to lift the halt order on the initial...
PCC clears Ayala Land’s acquisition of CAT property
THE Philippine Competition Commission (PCC) cleared Ayala Land, Inc.’s (ALI) acquisition of a Tarlac City property owned by Central Azucarera de Tarlac (CAT).
In a...
Del Monte Pacific swings to net loss in Q3
DEL MONTE PACIFIC Limited (DMPL) swung to a net loss in the November to January period, as it felt the impact of new tax...
With Manila condo, TLDC targets college students
By Arra B. Francia, Reporter
TORRE LORENZO Development Corp. (TLDC) turned over its P2.37-billion residential condominium across the University of Santo Tomas (UST) in Manila...
How PSEi member stocks performed — March 8, 2018
Here's a quick glance at how PSEi stocks fared on Thursday, March 8, 2018.