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AUTHORS
Neil Jerome Morales
Neil Jerome Morales
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AEV earnings down 9% to P4.6 B
by Neil Jerome Morales - August 1, 2014 - 12:00am
Lower income contribution from its banking and power generation units dragged the earnings of conglomerate Aboitiz Equity Ventures Inc. (AEV) in the second quarter.
Gov’t assisting OFWs in Qatar spying case
by Neil Jerome Morales - May 28, 2014 - 12:00am
The Philippine government will extend assistance and support to three Filipinos jailed for alleged espionage and economic sabotage in Qatar, Vice President Jejomar Binay said yesterday.
D&L Industries exceeds 2013 profit target with strong sales
by Neil Jerome Morales - February 28, 2014 - 12:00am
D&L Industries Inc., a manufacturer of customized food ingredients, exceeded its profit target last year on the back of strong sales of its high-margin specialized products.
Aboitiz unit seals P1.2-B purchase of Batangas ecozone
by Neil Jerome Morales - October 5, 2013 - 12:00am
The property arm of conglomerate Aboitiz Equity Ventures Inc. (AEV) has sealed its P1.3-billion purchase of a majority stake in a Batangas-based industrial park developer.
Stock market, banks closed yesterday
by Neil Jerome Morales - August 20, 2013 - 12:00am
Due to Typhoon Maring, some banks yesterday decided to suspend some of its operations in areas affected by the flood.
SC 55 consortium commits to Palawan drilling program
by Neil Jerome Morales - May 6, 2013 - 12:00am
The consortium behind Service Contract (SC) 55 said it is committed to exploring and developing the offshore gas field in Southwest Palawan.
Noy leads mega casino opening
by Neil Jerome Morales - March 17, 2013 - 12:00am
The first phase of the $1.2-billion Solaire Resort and Casino in Parañaque City opened its doors yesterday to the country’s VIPs led by President Aquino, who expressed hope the newest investment would...
PNOC-EC reports slight drop in 9-mo income
by Neil Jerome Morales - November 14, 2012 - 12:00am
Philippine National Oil Co.-Exploration Corp. (PNOC-EC), which holds a minority stake in the Malampaya gas-to-power project, recorded a slight decline in profits in nine months ending September.
Alphaland earning rise to P1.88B in 9 mos
by Neil Jerome Morales - November 11, 2012 - 12:00am
Upscale property firm Alphaland Corp. grew its earnings more than seven times in the nine months to September, partially driven by higher value of its investments.
SMIC sets record P65-B capex for 2013
by Neil Jerome Morales - November 9, 2012 - 12:00am
SM Investments Corp. (SMIC), the investment holding firm of mall and banking tycoon Henry Sy, has allotted a record P65 billion for its capital expenditures next year.
GT Capital eyes P9-B loans amid low-interest rate environment
by Neil Jerome Morales - November 9, 2012 - 12:00am
GT Capital Holdings Inc., the investment vehicle of banking tycoon George Ty, said it plans to raise as much as P9 billion through loans to take advantage of low interest rates.
DMCI Holdings profit up 12% to P7.9B
by Neil Jerome Morales - November 9, 2012 - 12:00am
Consunji-led DMCI Holdings Inc. recorded a double-digit gain in its nine-month profit this year, driven by its coal mining, real estate and water distribution units.
SMC packaging unit partners with Polish firm
by Neil Jerome Morales - November 9, 2012 - 12:00am
The packaging unit of diversified conglomerate San Miguel Corp. (SMC) is partnering with a Polish firm for an aluminum can business.
SMDC profit rises 5.7% to P3.3B in 9 mos
by Neil Jerome Morales - November 8, 2012 - 12:00am
SM Development Corp. (SMDC) said its earnings in the nine months to September rose 5.7 percent to P3.3 billion from a year ago.
ALI earnings rise 27% to P6.62 B
by Neil Jerome Morales - November 8, 2012 - 12:00am
Property giant Ayala Land Inc. (ALI) maintained its robust earnings growth, recording close to a 30-percent uptick in January to September profits on the back of strong performance of all its business segments....
Alphaland has high hopes for Marina Club project
by Neil Jerome Morales - November 8, 2012 - 12:00am
Alphaland Corp. said it is banking on strong demand from local and regional boating afficionados for its P2-billion Alphaland Marina Club.
Market continues bull run, hits new record high
by Neil Jerome Morales - November 7, 2012 - 12:00am
Local stocks hit a new record high for the second straight trading session yesterday and for the 25th time this year.
New DOE chief to focus on oil, electricity prices
by Neil Jerome Morales - November 7, 2012 - 12:00am
Newly appointed Energy Secretary Carlos Jericho Petilla has set his focus on consumer concerns, particularly oil and electricity prices.
Ayala enters convenience store business
by Neil Jerome Morales - November 7, 2012 - 12:00am
Property giant Ayala Land Inc. (ALI) is entering the convenience store business in partnership with Japanese conglomerate Itochu Corp.
Stock market hits new high
by Neil Jerome Morales - November 6, 2012 - 12:00am
The local equities market trekked to a new record high yesterday as investors grabbed stocks following a slew of upbeat corporate income reports.
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