AIC eyes at least four major locators at West Cebu Estate

ABOITIZ INFRACAPITAL, Inc. (AIC) expects at least four key locators at its West Cebu Estate in Central Visayas, which is seen to support the province’s growing shipbuilding industry. 

Del Monte Philippines says it paid P5.9B in total taxes from 2011-2013

DEL MONTE Philippines, Inc. (DMPI) said it paid the Bureau of Internal Revenue (BIR) P5.9 billion in total taxes from 2011 to 2013, dismissing...

Eagle Cement profit rises 6% in 2nd quarter

EARNINGS of Eagle Cement Corp. (ECC) rose by six percent in the second quarter of 2018, driven by the strong sales of its cement products.

Philippine Airlines adds Taipei, Kaohsiung routes to its network

FLAG CARRIER Philippine Airlines (PAL) will add two more routes to Taiwan under its expanded codeshare agreement with China Airlines that started in 2015. “The...

PAL to start serving Tel Aviv, Israel in April

FLAG carrier Philippine Airlines, Inc. (PAL) said flights between Manila and Tel Aviv, Israel will begin in April.

IT-BPO group wants more support from next administration

THE next administration should provide additional support and address issues to sustain the growth of the local information technology and business process outsourcing (IT-BPO) industry, according to the IT and Business Process Association of the Philippines (IBPAP).

Ang says Inquirer deal completed

BUSINESSMAN Ramon S. Ang said on Wednesday he has completed the acquisition of a majority stake in the Inquirer Group of Companies. “The deal...

ABS-CBN says shutdown to ‘significantly impact’ revenues

ABS-CBN Corp. on Friday said the shutdown of its free-to-air television and radio operations “will significantly impact” the company’s media, networks, and studio Entertainment (MNSE) operations which generate billions of pesos in annual revenues.

NLEX Corp. seeking ‘dialogues’ with Valenzuela on permit, RFID

NLEX CORP. on Tuesday said it will seek “a series of dialogues” with Valenzuela City Mayor Rex T. Gatchalian after the local government revoked the toll operator’s business permit over the heavy traffic caused by the implementation of its cashless toll payment system.

Amaia Land set to launch 5 new projects

THE economic housing unit of Ayala Land, Inc. (ALI) on Thursday said it is launching five residential developments this year, alongside the expansion of eight existing projects.

ACEN unit plans to expand Palauig solar farm

ACEN Corp.’s subsidiary Giga Ace 8, Inc. plans to expand its solar farm in Palauig, Zambales to 420 megawatts-peak (MWp) from 346 MWp for...

Cignal TV signs partnership with Multisys

PLDT, Inc. subsidiary Multisys Technologies Corp. has been tapped by Cignal TV, Inc. to provide the television network with technology to streamline its business systems.