Shakey’s net income drops in April-June
SHAKEY’S Pizza Asia Ventures, Inc. (SPAVI)’s net income dipped by 13% in the three months ending June, following a higher base recorded a year...
Real estate firms looking outside Metro Manila
FIVE PROVINCES have joined Metro Manila in attracting interest from real estate investors, in part because of regulations that encourage expansion outside the Philippine capital, Jones Lang LaSalle, Inc. (JLL) said in a report on Thursday.
NEXIF RATCH Energy starts construction of Calabanga solar project
NEXIF RATCH Energy Investments Pte. Ltd. (NEXIF RATCH Energy) has started the construction of its solar photovoltaic (PV) farm in Calabanga, Camarines Sur, after...
PSE wants mineral reporting to include environment, health plans
THE Stock Exchange, Inc. (PSE) has proposed changes to the 2007 Philippine Mineral Reporting Code (PMRC) to meet international reporting standards.
Malaya plant’s owner allots P500M for repair
BELGROVE Power Corp. is setting aside an initial P500 million to repair the 350-megawatt (MW) second unit of the Malaya Thermal Power Plant (MTPP), an official of Fort Pilar Energy, Inc. said, speaking for its subsidiary.
PAL expands flight, signs codeshare deal with Singapore Airlines
FLAG CARRIER Philippine Airlines (PAL) has expanded its codeshare partnership with Singapore Airlines (SIA), increasing flight options between their respective countries and adding more...
How PSEi member stocks performed — November 13, 2018
Here’s a quick glance at how PSEi stocks fared on Tuesday, November 13, 2018.
Pryce income slips 4.8%
PRYCE Corp. posted a 4.8% decline in first-quarter net income to P402.77 million despite a double-digit growth in consolidated revenues, it disclosed on Thursday.
Mining firms urged to collaborate with DOST on research and development
MINING companies are encouraged to work with the Department of Science and Technology (DOST) to come up with new innovations to help the local mining industry grow and be more competitive.
JFC posts 26% income rise to P7.6B as sales grow
LISTED food service company Jollibee Foods Corp. (JFC) reported 26.4% higher attributable net income for 2022 to P7.56 billion from the previous year’s P5.98...
SMC studies legal options after rate hike denial
SMC Global Power Corp. said it would explore other legal remedies to continue supplying power after the decision of the Energy Regulatory Commission (ERC) to deny its rate hike petition.
Ayala unit posts 11% profit growth as economy reopens
AYALALAND Logistics Holdings Corp. (ALLHC) reported income and revenue growth in 2021 as the company continues to see demand for industrial lots and as the company increased its leasable area by 8%.