Globe deploys more LTE sites in Cebu
GLOBE Telecom, Inc. is ramping up utilization of frequencies acquired from San Miguel Corp. and has announced the deployment of more assets in Cebu...
Tax court rejects Iloilo firm’s P282-million case
AN ILOILO-BASED microfinance company has lost an appeal to have its P282-million tax case reviewed at the Court of Tax Appeals (CTA), which lacks...
Eagle Cement’s move on public float rests on market strength
EAGLE CEMENT Corp.’s decision whether to raise its public float will depend on the strength of the local bourse, as it prepares to comply...
How PSEi member stocks performed — June 30, 2017
Here’s a quick glance at how PSEi stocks fared on Friday, June 30, 2017.
Del Monte Pacific earnings fall 57% on impact of one-offs
DEL Monte Pacific Ltd. said earnings fell 57% in the year to April, after one-time gains in the year earlier set a high comparative...
GBPC’s Panay Power signs 22-month supply contract with Negros co-op
ILOILO CITY — Negros Occidental Electric Cooperative Inc. (NOCECO) yesterday signed a 22-month power purchase agreement with Panay Power Corp. (PPC), a subsidiary of...
ERC extends 3 firms’ certificates of compliance
TWO power generation companies and an electric cooperative have secured an extension of their respective certificates of compliance (CoC) from the Energy Regulatory Commission...
Jollibee capex set to double amid aggressive store expansion
JOLLIBEE Foods Corp. said it is looking to breach the 4,000-store level across all its brands in 2017, while allocating P14.7 billion in capital...
Century Pacific sees international businesses driving profit
CENTURY Pacific Food, Inc. (CNPF) said margin pressures seen in the home market mean its international investments will help drive profit growth to double-digit...
Government swings back to budget deficit in May
THE GOVERNMENT’S fiscal position swung back to a deficit in May as the growth in expenditures outpaced revenue expansion, it reported on Friday.
In a...
MPIC open to compromise on toll hike disputes
METRO Pacific Investments Corp. (MPIC) is open to a possible compromise to resolve its disputes with the government over rate hikes for its toll...
LT Group sets P10-B capex for firms’ expansion efforts
LT GROUP, Inc. is counting on a better business environment alongside the Duterte administration’s intensive infrastructure program to help boost its performance in 2017.
The...