Company Shares of Keppel Philippines Properties, Inc (PSE:KEP) Drop 25 Percent at Philippine Stock...

PHILIPPINES - Keppel Philippines Properties, Inc. (PSE:KEP)'s stock closed 25 percent lower in today's trading session at the Philippine Stock Exchange (PSE) with a...

Philippine Headline: Jollibee Takes 100% of Smashburger; DoubleDragon to Setup Overseas Offices

Philippine-based Jollibee Foods Corporation (JFC), the largest Asian food service company, announced that it has completely acquired US burger chain Smashburger by acquiring the...

SM Investments Corp Posts 8.1 Percent Q1 Net Income Growth

MANILA, PHILIPPINES - SM Investments Corporation announced that its consolidated net income in the first quarter of 2015 grew 8.1% to PHP6.7bn (USD150 million),...

Uniqlo Unveils Fall Winter 2015 Collection Ahead of Cebu Store Opening

Uniqlo makes life better for Cebuanos at it unveils its Fall Winter 2015 collection in the “Queen City of the South”, Cebu City in...

ABS-CBN Posts 23 Percent Rise in Net Income to Php1.9 Billion

PHILIPPINES – Philippine media and entertainment company ABS-CBN reported a 23 percent rise in net income in the first nine months of this year...

Cebu APEC: Improve Auto SME Internal Capacities and Access to Markets in Asia Pacific

CEBU CITY - At the recent closing of the 23rd APEC Auto Dialogue (AD) held in Cebu on 29 August 2015, member economies identified...

Today’s Top Gainers at Philippine Stock Exchange

PHILIPPINES - Three stocks rallied to end the trading day with double-digit gains while seven others managed to advance even as all shares at...

Philippine Airlines Posts USD20-Million 2014 Income, A First In Three years

Philippine flag carrier Philippine Airlines (PAL) announced a USD20-million total comprehensive income in 2014, the airline's first positive income after a three-year losing streak. In...

Jollibee’s Q3 Profit Up 7.3 Percent to Php1.3 Billion

PHILIPPINES - Jollibee Foods Corporation (PSE:JFC), the Philippines' largest food service company generated in the third quarter of 2015 System Wide Sales of Php32.3...
Philippine Bank of Communications

Philippine Bank of Communications Appoints New Board Adviser

The Philippine Bank of Communications (PBCom) has announced the appointment of Mr. Roberto Juanchito T. Dispo as Adviser to the Board of Directors of...

Philippine Regulator Lifts Suspension of Seair, Skyjet

MANILA, PHILIPPINES - Less than a month after their suspension, SkyJet and Seair have been allowed to fly again following an inspection conducted by...
Overseas Remittances

Philippines Now Reports Banking Statistics to BIS

The Philippines will join an elite group of less than 50 jurisdictions worldwide which report cross-border banking statistics to the Bank for International Settlements...

Regulator Sets New Policy For Philippine Banks That Want To Sell Insurance

MANILA, PHILIPPINES - The Insurance Commission (IC) of the Philippines now requires banks that intend to sell insurance products to first secure bancassurance agreement...
AboitizPower

Philippines: AboitizPower to add some 500 MW of capacity in 2018

AboitizPower is set to add some 500 MW of attributable capacity in 2018, coming from the completion of several hydro and baseload plants in...
PASSI

Cebu Waste Treatment Firm PASSI Eyes Expansion

CEBU CITY, PHILIPPINES - A Cebu-based medical and septic waste treatment firm has secured P120 million loan from the Development Bank of the Philippines...
Philippine Stocks

Philippine Stock Exchange Appeals to Government to Open Financial Clearings, Settlements During APEC

The Philippine Stock Exchange, Inc. (PSE) has asked the Bangko Sentral ng Pilipinas (BSP) to make financial clearing and settlement operations among the services...

Energy Development Corp (PSE:EDC) Reports Lower Income in Nine Months

PHILIPPINES - Energy Development Corporation (PSE:EDC) reported a consolidated recurring net income attributable to equity holders of the Parent of Php7.0 billion for the...

Now Corporation (PSE:NOW) Launches Two New Products

PHILIPPINES – Philippine Stock Exchange-listed Now Corporation (PSE:NOW) launched and demonstrated live two of its innovative technology creations: (a) the “NOW Broadband Cable TV”...

Philippine Central Bank Issues Advisory on Authority of Credit Card Collection Agents

MANILA, PHILIPPINES - The central bank of the Philippines, Bangko Sentral ng Pilipinas (BSP), has issued an advisory to inform the public on the...
ArthaLand

ArthaLand Buys Prime Cebu Property

CEBU CITY - Consistent with its leadership on the green real estate segment, ArthaLand recently acquired a prime property along Salinas Drive in Cebu...