AirAsia posts 99% on-time performance during Holy Week
BUDGET CARRIER AirAsia Philippines recorded a 99% on-time performance (OTP) during the Holy Week despite the influx of passengers amid the holidays, it said...
Court convicts officials of lending company for falsifying documents
OFFICIALS and incorporators of Dr Verma Lending Corp. have been convicted for falsifying documents that were submitted for registration with the Securities and Exchange...
Acquiro targets to create 15,000 jobs in 3-5 years
GLOBE GROUP’S Acquiro Solutions and Tech, Inc. is planning to scale up its operations as part of its goal of generating 15,000 jobs in...
CTA affirms denial of Halliburton Worldwide’s refund
THE Court of Tax Appeals has affirmed its ruling that granted part of Halliburton Worldwide Ltd.’s refund claim worth P55,610.23 representing its excess value-added...
Century Pacific Food’s shares decline due to inflation woes
CENTURY PACIFIC Food, Inc.’s stocks continued to decline last week as investor confidence soured amid elevated inflation, analysts said.
Data from the Philippine Stock Exchange...
How PSEi member stocks performed — April 14, 2023
Here’s a quick glance at how PSEi stocks fared on Friday, April 14, 2023.
Cebu Landmasters sets P13.5-billion capex for 2023
LISTED Visayas-Mindanao property developer Cebu Landmasters, Inc. (CLI) has set its capital expenditures (capex) for the year at P13.5 billion, a 23% increase from...
EEI sees benefits from full foreign ownership in industry
YUCHENGCO-led EEI Corp. (EEI) said the construction sector is expected to benefit from the opening of the industry to full foreign ownership.
“The structural reforms...
AGI sees 6% profit rise for 2022
TAN-LED Alliance Global Group, Inc. (AGI) on Thursday reported a 6% rise in net income to P25.2 billion for 2022, up from P23.8 billion...
GSIS invests P1.46 billion in Nickel Asia
THE Government Service Insurance System (GSIS) on Thursday said it had invested P1.46 billion in listed mining company Nickel Asia Corp. (NAC).
“GSIS continues to look...
Vitarich net income grows 44% to P129M
VITARICH Corp. (VITA) on Thursday reported a net income of P129 million for 2022, up 44.21% from P89 million previously, owing to the growth...
Metro Retail Stores Group turns profitable
METRO Retail Stores Group, Inc. (MRSGI) recorded a net income of P917.3 million for 2022, a turnaround from its net loss of P318.1 million...