28.7 C
Manila
Thursday, March 21, 2019

Companies

Property sector experiencing robust growth in 2019-Leechiu

THE Philippine property sector is in for another robust period as re-estate values are experiencing gargantuan increases across all sectors in 2019.

PNB net income hits P9.6 billion in 2018

THE Philippine National Bank (PNB) was able to grow its net earnings by 17 percent to P9.6 billion in 2018, the bank reported...

Cebu Landmasters, Ascott partner for VisMin hotel expansion

CEBU Landmasters Inc. is collaborating to put up more hotel projects with The Ascott Ltd. in the Visayas and Mindanao. Jose Soberano III, Cebu...

ICTSI upgrades Papua New Guinea terminal

THE International Container Terminal Services Inc. (ICTSI) has upgraded its terminal in Lae, Papua New Guinea, ahead of schedule. South...

Ecop survey: More firms eye work-from-home scheme

MORE local firms are eyeing to implement a work-from-home scheme, but are stymied by slow Internet connection and lack of available industry practices, according...

Phoenix Petroleum shareholders okay tie-up with CNOOC on planned LNG hub

PHOENIX Petroleum Philippines, Inc shareholders approved the oil firm’s partnership with the China National Offshore Oil Corp. (CNOOC) for the planned LNG (liquefied natural...

Cebu Air profits plunge 50% to P3.9 billion in 2018

CEBU Air Inc. saw profits plunging last year following a slew of macroeconomic factors such as steep fuel prices, currency volatility and rising interest...

AC Energy to continue assessing value of Phinma Energy assets it...

AC Energy Inc. said it would continue to assess the renewable energy (RE) and gas projects Phinma Energy Corp. (PHEN) following the signing of...

PHL to host 2 regional energy meetings in next two years

THE Philippines will host two important regional energy industry conferences in the next two years. Led by the Department...

Jollibee to open ‘milestone’ store in Guam

FAST-FOOD company Jollibee Foods Corp. said it will open the “milestone” store of its flagship brand, Jollibee, in Guam as part of the company’s...

Closure of Boracay Island pushes demand for DMCI Power supply

OFF-GRID electricity supplier DMCI Power Corp. said it had the highest sales volume last year, growing 25 percent to 308 gigawatt hours from 247...

Fortinet posts $1.8-B revenue in 2018 due to strong demand

CYBER-security solutions provider Fortinet reported a 20-percent hike in total revenue to $1.8 billion for full year 2018, from $1.49 billion in 2017 on...

Incentives to carriers flying to local airports

THE government may dangle incentives to foreign carriers to encourage them to mount direct flights to tourism destinations instead of Manila, a...

ERC allows SPTC’s PSA with Meralco

THE Energy Regulatory Commission (ERC) has issued an order allowing Solar Philippines Tarlac Corp. (SPTC) to implement a provision in its power...

Cebu Pacific eyes expansion to Australian destinations

BUDGET carrier Cebu Pacific is evaluating the possibility of expanding its presence in Australia, as it takes delivery of more jets through...

Megaworld, BCDA team up to create a ‘new’ district in Fort...

PROPERTY developer Megaworld Corp. and the Bases Conversion and Development Authority (BCDA) have teamed up to rebrand their respective properties located within...

ERC allows DMCI Power to build connector facilities in Palawan

DMCI Power Corp. (DPC) successfully sought regulatory approval to construct and operate point-to-point facilities worth P20.92 million that will connect its bunker-fired...

Eastern Petroleum to spend P5 billion to capture 5% of LPG...

EASTERN Petroleum Corp. may spend as much as P5 billion to capture a 5-percent market share in the liquefied petroleum gas (LPG)...

Slower inflation seen boosting imported car sales this year

THE expected slowdown in inflation could boost imported car sales this year, the Association of Vehicle Importers and Distributors Inc. (AVID) said. ...

Ayala Corp. 2018 income grows 5% to P31.8 billion

CONGLOMERATE Ayala Corp. on Wednesday said its net income grew 5 percent to P31.8 billion last year from the previous P30.26 billion...
Share