Anchor Land income dips nearly 58% on lower real estate sales
Anchor Land Holdings, Inc. posted a 57.6% net attributable income drop to P349.65 million from P824.57 million due to the decline in real estate...
Pacific Online net loss narrows to P13M
Pacific Online Systems Corp. trimmed its net loss to P13.02 million in the first quarter of the year, 55% lower than the P28.9 million...
ePLDT opens Cebu disaster recovery facility for businesses
ePLDT, Inc., the information and communications technology arm of PLDT Group’s corporate business unit PLDT Enterprise, announced on Friday that it launched a disaster...
SEC exempts more entities from registering securities
THE Securities and Exchange Commission (SEC) has approved the proposed exemption of securities offered by financial and multilateral institutions from registration under the Securities Regulations Code (SRC), and has expanded the list of qualified buyers of securities.
Securities regulator cancels Bill Ford VIP Trading’s registration
THE Securities and Exchange Commission (SEC) has cancelled Bill Ford VIP Trading, Inc.’s registration as a corporation for offering investment schemes without the required secondary license from the commission.
Chelsea Logistics net loss widens to P3.3B
CHELSEA Logistics and Infrastructure Holdings Corp. on Thursday logged a wider annual loss, mainly due to the impact of the coronavirus pandemic and government measures affecting its operations.
2GO net loss expands as crisis hits freight, passenger volumes
2GO Group, Inc.’s net loss for 2020 widened from a year earlier, owing primarily to the combined effects of weaker freight volumes and fewer passengers amid travel restrictions.
Discovery Hospitality to launch Kip & Kin brand in Palawan, Siargao
DISCOVERY World Corp.’s property management firm Discovery Hospitality Corp. (DHC) announced developments of lifestyle and “millennial-focused” brand, Kip & Kin, and other properties.
MerryMart to launch MBOX Smart Lockers
MERRYMART Consumer Corp. is planning to launch smart lockers under a new venture called MBOX, which aims to roll out 5,000 self-service lockers with full-time accessibility by 2030.
Vista Land income declines by 45%
VISTA Land & Lifescapes, Inc. reported a consolidated net income of P6.4 billion, 45% lower than the P11.6 billion generated in 2019 due to the pandemic.
SEC approves AC Energy’s follow-on offering
THE corporate regulator announced that it has “favorably considered.”
Asian Terminals to rethink alternative revenue sources
ASIAN Terminals, Inc. (ATI) said on Thursday that it will have to review its strategies, especially its alternative revenue sources, as container volumes are unlikely to return to pre-pandemic levels until 2023.