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Louella Desiderio
Louella Desiderio
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SLEX operator posts lower profit in 2017
by Louella Desiderio - May 20, 2018 - 12:00am
Net income of the South Luzon Expressway (SLEX) concessionaire declined 17.5 percent in 2017 from a year ago due to higher expenses.
Grab expands into food delivery
by Louella Desiderio - May 20, 2018 - 12:00am
Ride-hailing app Grab is expanding its offering in the Philippines through the launch of a food delivery service by next month.
NLEX earnings rise 20% in Q1
by Louella Desiderio - May 20, 2018 - 12:00am
Metro Pacific Investments Corp. (MPIC) unit NLEX Corp. saw its net profit rise 20 percent in the first quarter from a year ago, driven by higher revenues from North Luzon Expressway (NLEX) and Subic-Clark-Tarlac...
ABS-CBN income up 31% in Q1 2018
by Louella Desiderio - May 19, 2018 - 12:00am
Media and entertainment company ABS-CBN Corp. recorded a 31 percent increase in net income in the first quarter from a year ago on lower costs and expenses.
Cebu Pacific nets 12% more in Q1
by Louella Desiderio - May 18, 2018 - 12:00am
Net earnings of the operator of Cebu Pacific and Cebgo rose by 12 percent in the first quarter from a year ago, driven by higher revenues.
DOT suspends Cesar Montano’s 'Buhay Carinderia' project
by Louella Desiderio - May 18, 2018 - 12:00am
Tourism Secretary Bernadette Romulo-Puyat has suspended the implementation of the P320-million “Buhay Carinderia” project of Tourism Promotions Board chief and actor Cesar Montano pending review of the...
PLDT opens P1-billion vitro data center in Cebu
by Louella Desiderio - May 17, 2018 - 12:00am
Telco giant PLDT Inc. has opened a new P1 billion VITRO data center in Cebu, its second facility in the province, to cater to increased data and information and communication technology needs of businesses.
PLDT open to sharing new cell towers only
by Louella Desiderio - May 15, 2018 - 12:00am
Telco giant PLDT Inc. sees no need to share its existing cell towers with Globe Telecom Inc., but it is open to working with its rival for new towers to be built.
No deal this year for Voyager, Chinese partner
by Louella Desiderio - May 14, 2018 - 12:00am
Voyager Innovations Inc., a unit of PLDT Inc., is unlikely to seal a deal with a strategic partner within the year with no feedback received from Chinese internet giant Tencent.
DICT orders NTC to reduce interconnection rates
by Louella Desiderio - May 14, 2018 - 12:00am
The Department of Information and Communications Technology (DICT) has ordered the National Telecommunications Commission (NTC) to reduce interconnection rates between telecommunications operators.
ATI net income up 19% in Q1
by Louella Desiderio - May 14, 2018 - 12:00am
Net earnings of Asian Terminals Inc. (ATI) rose by nearly a fifth in the first quarter from a year ago due to higher revenue from operations in the ports of Manila and Batangas.
PAL incurs bigger loss of nearly P800 M in Q1
by Louella Desiderio - May 14, 2018 - 12:00am
The operator of flag carrier Philippine Airlines (PAL) saw its net loss widen in the first quarter this year from a year ago due to higher expenses.
Smart rolls out LTE in Batanes
by Louella Desiderio - May 13, 2018 - 12:00am
PLDT Inc.’s wireless unit Smart Communications Inc. has rolled out its Long Term Evolution (LTE) service in Batanes to bring improved mobile data experience for tourists and residents.
PayMaya now accepted at Auntie Anne’s stores
by Louella Desiderio - May 13, 2018 - 12:00am
Customers of soft pretzel chain Auntie Anne’s can now make Quick Response (QR) payments for their orders following a partnership forged with PayMaya Philippines Inc.
Globe brings LTE to Tawi-Tawi
by Louella Desiderio - May 12, 2018 - 12:00am
Globe Telecom Inc. has activated Long Term Evolution service in the town of Bongao in Tawi-Tawi to provide residents with faster mobile internet.
ICTSI bottom line drops 12% to $51 million
by Louella Desiderio - May 11, 2018 - 12:00am
Net earnings of port operator International Container Terminal Services Inc. declined by 12 percent to $50.9 million in the first quarter from $57.6 million a year ago due to the drag from new terminals.
PLDT net earnings rise 39% to P6.9 billion
by Louella Desiderio - May 11, 2018 - 12:00am
It was a good start for PLDT Inc. this year as it saw net earnings rise by 39 percent in the first quarter from a year ago amid higher revenues and stabilizing wireless business.
Grab eyes payment for cancelled rides
by Louella Desiderio - May 9, 2018 - 12:00am
Passengers may have to pay a fee for cancelling rides booked through the Grab app soon.
Globe open to sharing cell towers with PLDT
by Louella Desiderio - May 9, 2018 - 12:00am
Globe Telecom Inc. is open to working with rival PLDT Inc. for the proposed independent company that build cellular towers in the country.
Rocket Internet accepts PLDT’s stake sale offer
by Louella Desiderio - May 8, 2018 - 12:00am
Rocket Internet has accepted PLDT Inc.’s offer to sell 67.4 percent of the telco’s stake in the European company for P10 billion.
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