2GO Group buys new Japan vessel
2GO Group, Inc. on Wednesday announced the purchase of a new vessel from Japan, which will make its maiden voyage in the Philippines in May.
Fashion group seeks intellectual property express lane
A FASHION industry group is asking for quicker intellectual property (IP) rights processing for small businesses and indigenous groups.
Wilcon Depot income soars by 84% on increased sales
WILCON Depot, Inc. on Thursday said its first-quarter net income grew by 84% to P604.41 million from P276 million a year ago after sales bumped up by 19.4%.
Meralco extends ‘no-disconnection’ policy until mid-May
MANILA Electric Co. (Meralco) said on Thursday that it is stretching its “no-disconnection” policy in its franchise area until May 14 after the government’s decision to extend the second strictest lockdown level in the capital and nearby areas.
AllHome opens third Visayas branch in Bacolod City
VILLAR-LED AllHome Corp. launched its third Visayas branch situated in Bacolod City, which is also the company’s 53rd store in the country.
MacroAsia unit secures nod on deeds of assignment for mineral agreements
MACROASIA Corp. said its mining subsidiary secured the government’s approval on the deeds of assignment for two mineral production sharing agreements (MPSAs).
How PSEi member stocks performed — April 29, 2021
Here’s a quick glance at how PSEi stocks fared on Thursday, April 29, 2021.
Aboitiz group’s net income more than triples
ABOITIZ Equity Ventures, Inc. (AEV) on Wednesday reported a consolidated net income of P7.6 billion, jumping by 276% year on year, in what it called “solid proof” of moving ahead despite the pandemic.
SMIC maintains ‘cautious optimism’ for year ahead
SM Investments Corp. (SMIC) on Wednesday said it would maintain “cautious optimism” while focusing on safety and innovation as the company moves forward in 2021.
GCash targets P2 trillion transactions in 2021
GLOBE TELECOM, Inc. on Wednesday said its mobile wallet arm GCash is targeting to reach more than P2 trillion in transactions this year as consumer behavior continues to shift from traditional to digital.
McDonald’s eyes 30 new stores for 2021
MCDONALD’S Philippines plans to open at least 30 new stores this year as it plans for recovery, the company said on Wednesday.
Cirtek Holdings lists P1-B commercial papers on PDEx
CIRTEK Holdings Philippines Corp. said the “success” of its listing of P1-billion worth of commercial papers on Wednesday is seen by the offering’s over four times oversubscription at a time of monetary easing and consecutive rate cuts by local and foreign central banks.