BELLE CORP., the listed operator of City of Dreams Manila, booked a P238.48-million attributable net loss in the second quarter due to the effects of the coronavirus pandemic to tourism and gaming.

PROFITS of Wilcon Depot, Inc. sank 95% to P23.87 million in the second quarter due to the closure of its entire store network when parts of the country were under a strict lockdown.

COCA-COLA Beverages Philippines, Inc. (CCBPI) is investing an additional P1.1 billion in its local operations for 2020 as it adds new production lines in the country. With the capital infusion, total investments for the year is P4.74 billion, the company said in a press release on Thursday. Coca-Cola said new production lines will be built throughout the country and are expected to generate jobs.

Here’s a quick glance at how PSEi stocks fared on Thursday, July 30, 2020.

FIBER internet provider Converge ICT Solutions, Inc. is stepping up its nationwide expansion as it aims to connect “millions of unserved and underserved” households and businesses by 2021, its top official said.

RFM CORP. is cutting its capital expenditures (capex) this year to less than P100 million as it preserves liquidity to cope with the coronavirus disease 2019 (COVID-19) pandemic.

THE METROPOLITAN Waterworks and Sewerage System (MWSS) Regulatory Office has served a show-cause order to Manila Water Co., Inc. and Maynilad Water Services, Inc. in response to over 400 billing complaints filed by the customers of the two water providers.

LOPEZ-LED First Gen Corp. is expecting to start building its liquefied natural gas (LNG) terminal project in Batangas in the second half of the year.

AN AFFILIATE company of Ayala Corp.’s energy arm now owns a material interest in an Australian power firm, which it initially aims to fully take over.

THE Securities and Exchange Commission (SEC) is warning the public against engaging in groups that offer easy-money schemes that are found violating government regulations.

PLDT, INC.’s wireless arm Smart Communications, Inc. announced on Wednesday that its fifth-generation (5G) service will be commercially available to its subscribers in key commercial districts of Metro Manila starting July 30.

AFTER being closed due to pandemic community quarantine restrictions, the Philippine Arena interchange in Bocaue, Bulacan will be open again to motorists on Saturday, Aug. 1, NLEX Corp. said.