PPA awards Currimao Port expansion project

A DAVAO-BASED construction company has secured the contract for the P839.18-million Currimao Port expansion project, the Philippine Ports Authority (PPA) said. In a notice of...

JFC shares down despite taking full ownership of Tim Ho Wan

JOLLIBEE Foods Corp. (JFC) shares fell last week after announcing a S$20.2-million (P892.29 million) transaction to gain full ownership and control of Hong Kong-based...

How PSEi member stocks performed — November 8, 2024

Here’s a quick glance at how PSEi stocks fared on Friday, November 8, 2024.

LRT-1 Cavite Extension to open 5 stations this month

THE DEPARTMENT of Transportation (DoTr) announced that the first phase of the Light Rail Transit Line 1 (LRT-1) Cavite extension, which will accommodate an...

MPIC may surpass P22.4-B core income target — CFO

TAIPEI, Taiwan — Pangilinan-led Metro Pacific Investments Corp. (MPIC) may exceed its core net income target for this year, its chief financial officer (CFO)...

Megaworld profit hits P5.17-B, eyes growth in key regions

LISTED property developer Megaworld Corp. recorded a 24.9% increase in its third-quarter attributable net income to P5.17 billion from P4.14 billion a year ago,...

Monde Nissin income down 13.8% on foreign exchange loss, restructuring costs

LISTED food and beverage manufacturer Monde Nissin Corp. recorded a 13.8% decline in its attributable net income to P1.99 billion from P2.3 billion a...

Cebu Pacific’s direct Manila-Sapporo flights to start in Jan.

CEBU PACIFIC (CEB) is expanding its services to Japan by starting direct flights from Manila to Sapporo, Hokkaido, in January 2025, the budget airline...

OceanaGold PHL records $3.6M in Q3 earnings

OCEANAGOLD (Philippines), Inc.’s attributable net income rose to $3.6 million for the third quarter (Q3) amid a double-digit increase in revenues. In a disclosure to...

How PSEi member stocks performed — November 7, 2024

Here’s a quick glance at how PSEi stocks fared on Thursday, November 7, 2024.

House OKs Meralco franchise renewal on final reading

THE HOUSE of Representatives on Wednesday approved on third and final reading a bill granting Manila Electric Co. (Meralco) a 25-year franchise extension.

ALI expects 2024 launches to reach P80 billion

AYALA LAND, Inc. (ALI) expects P80 billion in project launches by yearend, the company’s president said on Wednesday. “The ALI business line continued with its...