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FNI nickel-ore output in H1 down by 19%

GLOBAL Ferronickel Holdings Inc. (FNI) said its nickel-ore shipment in the first half fell by 19 percent to 1.55 million wet metric tons (WMT)...

PSALM to rebid Malaya thermal power plant’s service contract

THE Power Sector Assets and Liabilities Management Corp. (PSALM) will rebid the Operation and Maintenance Service Contract (OMSC) for its Malaya thermal-power plant (TPP)...

Eastern Communications on track to meet P2.6-B revenue this year

EASTERN Communications bared on Thursday its geographic expansion plan as it seeks to hit its P2.6-billion revenue target by end-2018.  “We’re continuously building our facilities in most...

Villar-led Golden Bria income rises 87% in H1 on higher sales

VILLAR-LED Golden Bria Holdings Inc. reported a record 87-percent growth in net income for the first half of the year to P596 million, from...

DMCI Mining expects nickel-ore shipments to plunge in second half

DMCI Mining Corp. on Thursday said it recorded an 88-percent improvement in nickel shipments from January to June this year at 482,762 wet metric...

Oppo launches F9 smartphone with latest features

CHINESE smartphone maker Oppo Mobile Technology Inc. is doing away with the selfie-phone proposition and is positioning itself as the brand of choice that...

PAL equity restructuring to wipe out 2017 deficit

THE operator of legacy carrier Philippine Airlines (PAL) is cleaning up its books from last year, seeking an approval from the Securities and Exchange...

Meralco, PLDT may deploy 5G network together

BUSINESSMAN Manuel V. Pangilinan said the Manila Electric Co. (Meralco) and Philippine Long Distance Telephone Co. (PLDT) may team up for the deployment of...

GT Cap income falls in H1 to P7.1 billion on weaker...

GT Capital Holdings Inc., the holding firm of tycoon George Ty, on Wednesday said its income fell 1 percent to P7.1 billion during the first half...

8990 doubles income in first half to P2.39 billion

MASS-housing developer 8990 Holdings Inc. on Wednesday said its income doubled during the first half of the year to P2.39 billion, from last year’s P1.22 billion,...

AP Cargo inks ‘multimillion dollar’ deal with Ramco

FILIPINO-OWNED AP Cargo Logistic Network Corp. signed on Thursday a multimillion-dollar contract with global enterprise solutions provider Ramco Systems for its logistics software meant...

PayMaya partners with Western Union

MONEY issuer PayMaya Philippines Inc. and Western Union Co. have expanded their partnership to allow the former’s users to directly receive domestic and international...

Xurpas books second straight quarter of losses

XURPAS Inc., a maker of games mainly for Android-powered mobile phones, said it booked its second straight quarter of losses, further widening its loss...

Phinma Energy posts P76.4-million net loss

PHINMA Energy Corp. posted a net loss of P76.40 million in the first half of the year, a reversal from the P298.17-million net income...

Chelsea to assume ‘bigger role’ in moving Philippine economy with expanded...

SHIPPING and logistics company Chelsea Logistics Holdings Corp. (CLC) is “harnessing” the opportunities trade growth brings within and outside the Philippines, vowing to have...

ASG Technologies tops Gartner’s leaderboard for metadata management 

ASG Technologies Group Inc. has been recognized as a leader in enterprise metadata management market, based on a recent report of a global research...

DMCI H1 earnings reach P9.2 billion

ENGINEERING conglomerate DMCI Holdings Inc. on Tuesday said it recorded a 21-percent increase in earnings during the first half of the year to P9.2 billion, from...

First Gen H1 net income up 35% to P6.11 billion

THE Lopez-led First Gen Corp. (First Gen) on Tuesday posted a 35-percent increase in net income of $115 million (P6.11 billion) from $85 million (P4.516 billion)...

SBITC partners with Royal Cargo to service Luzon companies

PORT operator Subic Bay International Terminal Inc. (SBITC) has partnered with Royal Cargo Inc. to provide fourth-party logistics solutions to enterprises in the northern...

Manulife offers ‘Emperor Fund’ to ‘Chinoy’ firms

INSURANCE provider The Manufacturers Life Insurance Co. (Philippines) Inc. (Manulife Philippines) has launched a peso equity fund that invests in a varied portfolio composed...