Tag: Philippines
Cebu Traders Urged to Avail of Tax Amnesty
Members of the Cebu Chamber of Commerce and Industry (CCCI) have been urged by the Cebu City government to avail of the tax amnesty...
SM Prime Opens New Mall in Zamboanga City
SM Prime Holdings, Inc. (SM Prime), one of the leading integrated property developers in Southeast Asia, will open on Friday, November 27th, its first...
Globe Telecom Sees Pervasive 4G/LTE Mobile Data in the Philippines by 2021
Aligning with the national plan to boost digital inclusivity and fulfill its commitment to serve its customers, Globe Telecom has been focusing on improving...
New Php870M USAID Project to Strengthen Water Security in Palawan, Negros Occidental, and Sarangani
The United States Agency for International Development (USAID) signed a Memorandum of Understanding (MOU) with the provinces of Palawan, Negros Occidental, and Sarangani to...
Philippines: Shakey’s Pizza Launches New Plant-Based Burger
Shakey’s Pizza Asia Ventures, Inc. (PSE: PIZZA), the Philippines’ chained full-service restaurant, has made its biggest move yet into the meat-free market, making available...
Metro Retail Stores Swings to Net Loss Within a Nine-Month Period
Cebu-based retailer Metro Retail Stores Group, Inc. (MRSGI) posted a net loss of P421.87 million in the nine months of 2020, a reversal of...
FLI Registers Turnaround in Residential Revenues in Q3
Filinvest Land Inc.’s (FLI) reported 12.54 billion in gross total revenues for the first nine months of 2020 with residential revenues increasing by 45%...
GIC Private Limited to invest Php20bn in AC Energy Philippines
AC Energy Philippines (PSE: ACEN) today announced the potential investment of an affiliate of GIC Private Limited (“GIC”), Arran Investment Pte Ltd, in ACEN,...
Asia United Bank Reports 25% Q3 Income Growth
Asia United Bank’s (AUB) operating income from its core business increased by 25 per cent year-on-year to P11.5 billion.
The bank’s net interest income increased...
Converge ICT Partners with CommScope to Deliver High-Speed Connectivity in PH
CommScope and Converge ICT have partnered to build an internet backbone that will connect the unserved and underserved market and communities in the Philippines,...
FGEN LNG to Introduce Small-Scale LNG Solutions wit FPIP
FGEN LNG Corporation (FGEN LNG), a wholly-owned subsidiary of First Gen Corporation (First Gen), is exploring the viability of developing small-scale liquefied natural gas...
Philippines: BDO Leasing Earns P135m in Jan-Sept 2020
BDO Leasing and Finance, Inc. (BDO Leasing) recorded P135 million in net income for the first nine months of 2020, reversing the P39 million...
SM Prime’s Net Income Hits P14.4bn in Jan-Sept Period
SM Prime Holdings, Inc. (SM Prime), one of the leading integrated property developers in Southeast Asia, reported PHP 14.4 billion consolidated net income in...
FamilyMart Opens 3 Outlets in Cebu
Heads up, Cebuanos! FamilyMart is opening in Cebu with three new unique outlets offering the best and newest of its Japanese food selection in...
Philex Mining Suspends Operations After 26 Workers Found Positive for COVID-19
Philex Mining Corporation announced that it temporarily suspended its underground operations for 2 days (October 23-24, 2020) to implement measures to minimize the risk...
STI Partners with Landbank for Study Now, Pay Later Scheme
STI Holdings, owner of one of the largest networks of private schools in the Philippines, has partnered with the Land Bank of the Philippines...
Stockholders Approve Delisting of Pepsi-Cola Philippines from PSE
Pepsi-Cola Products Philippines Inc (Pepsi Philippines) announced Friday that its stockholders have approved the company’s plan to voluntarily delist the its shares that are...
Universal Robina Posts 12% Income Amidst COVID-19 Pandemic
Philippine-listed Universal Robina Corporation (URC) posted net income of Php 8.1 billion in the nine months of calendar year 2020, ending September.
This is a...
Cebu Landmasters’ 9-Month Sales Up by 14% YOY
Listed developer Cebu Landmasters Inc (CLI) posted Php 10.5 billion reservation sales in the first nine months of the year, a 14 percent increase...
Global Ferronickel To Start Construction of Steel Rebar Plant in Q1 2021
The construction of the $50M Rebar Steel Rolling Plant in Mariveles, Bataan of Global Ferronickel Holdings, Inc. (FNI), the country's second-largest nickel ore producer,...
