Overseas business boosts ACEN profit rise to P13B

AYALA-led ACEN Corp. saw its net profit climb to P13.06 billion in 2022, more than double the P5.25 billion a year ago, with its...

DICT considers extended SIM registration deadline

THE Department of Information and Communications Technology (DICT) is looking at extending the deadline for registering SIM (subscriber identity module) cards as the latest...

Matahio Energy acquires Galoc field operator NPG

MATAHIO Energy Pty. Ltd., announced on Thursday that it has fully acquired NPG Pty. Ltd., the operator of Service Contract (SC) 14C-1 off Palawan’s...

Ayala Corp. board clears up to P25-B issuance of preferred shares

AYALA CORP.’s board of directors approved the issuance of preferred nonvoting shares up to P15 billion with an oversubscription option of P10 billion more,...

Anscor net income up by 12% to P2.8 billion

A. SORIANO Corp. (Anscor) increased its attributable net income by 12% in 2022 to P2.8 billion compared to P2.5 billion in the previous year...

MR. DIY to open 13 stores on March 17 to 19  

HOME products retailer MR. DIY is set to open 13 stores across the country from March 17 to 19 as part of its expansion...

How PSEi member stocks performed — March 9, 2023

Here’s a quick glance at how PSEi stocks fared on Thursday, March 9, 2023.

MPIC income up 15% as toll traffic, power use rise

METRO Pacific Investments Corp. (MPIC) reported a 15% jump in its consolidated core net income to P14.2 billion in 2022 from P12.3 billion a year earlier amid the recovery of toll road traffic and the growth in power consumption.

SMC unit posts 10% profit rise as beer sales jump

SAN MIGUEL Food and Beverage, Inc. (SMFB) posted a 10% increase in consolidated net income to P34.7 billion in 2022 as sales volume expanded...

Megaworld township to house commuter railway station

MEGAWORLD Corp.’s township project is set to house a commuter railway station, a company official said on Tuesday, as the development of the 85-hectare...

AREIT sets P22.5-B property-for-share swap with Ayala Land

AYALA-LED real estate investment trust company AREIT, Inc. has secured approval from its board of directors for its multibillion property-for-share swap with Ayala Land,...

AbaCore partners with Chinese company to build Batangas resort

ABACORE Capital Holdings, Inc. has partnered with Chinese property developer Shanlin Real Estate Co. Ltd. for a P1.5-billion resort project in Batangas, the company...