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AUTHORS
Iris Gonzales
Iris Gonzales
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Revolution Precrafted undergoes business review
by Iris Gonzales - May 17, 2021 - 12:00am
Businessman Jose Roberto “Robbie” Antonio’s Revolution Precrafted, which has been the subject of complaints from suppliers and clients, is undergoing a business review.
Firms see short term volatility
by Iris Gonzales - May 17, 2021 - 12:00am
Corporations see business volatility persisting in the short term, but are banking on the arrival of more vaccines to help the economy recover as first quarter corporate earnings remained bleak.
Mega vaccine hubs
by Iris Gonzales - May 17, 2021 - 12:00am
Forget for a moment the Ipil-Ipil, the weeds, the dragonflies or whatever really exists on the reclaimed lot where ports tycoon Enrique “EKR” Razon wants to build a mega vaccination facility.
Monde Nissin final IPO price at P13.50
by Iris Gonzales - May 17, 2021 - 12:00am
Monde Nissin Corp. has set with finality its initial public offering price at P13.50 per share after earlier saying this was just an indicative price.
AREIT earnings up 60% in Q1
by Iris Gonzales - May 17, 2021 - 12:00am
Ayala Land’s real estate investment trust AREIT Inc. posted a net income of P403 million in the first quarter, 60 percent higher than last year.
Lackluster trading to continue this week
by Iris Gonzales - May 17, 2021 - 12:00am
The local stock market will continue to trade sideways this week amid lack of fresh triggers.
JG Summit income plunges 94% in Q1
by Iris Gonzales - May 16, 2021 - 12:00am
JG Summit Holdings Inc., the Gokongwei-owned conglomerate, recorded a net income of P100 million in the first quarter, down 94 percent from the previous year.
Metro Retail incurs P126.5 million loss in Q1
by Iris Gonzales - May 15, 2021 - 12:00am
Metro Retail Stores Group Inc., the listed Cebu-based retailer, reported a net loss of P126.47 million in the first quarter, a reversal of the P7.98 million income posted a year ago.
Puregold income up 14% to P2.02 billion
by Iris Gonzales - May 15, 2021 - 12:00am
Puregold Price Club Inc., the supermarket chain operator of Lucio Co, saw its first quarter net income grow by 14.06 percent to P2.02 billion.
GERI earnings reach P300 million
by Iris Gonzales - May 15, 2021 - 12:00am
Global-Estate Resorts Inc., the Andrew Tan-led developer of integrated tourism estates, posted a net income of P300 million in the first quarter, up 21 percent.
Jollibee opens new US store
by Iris Gonzales - May 15, 2021 - 12:00am
The Jollibee Group opened another store in the US as part of its global expansion.
Ayala Corp earnings down 19% in Q1
by Iris Gonzales - May 15, 2021 - 12:00am
Ayala Corp., the country’s oldest conglomerate, reported a net income of P5.4 billion in the first quarter, down 19 percent from a year ago as core businesses posted declines.
Strong US finish helps in late push to drive PSEi up
by Iris Gonzales - May 15, 2021 - 12:00am
Improved sentiment helped a last-minute push to drive the main index higher yesterday as foreign funds finally snapped out of a 29-day net selling binge, traders said.
Jollibee swings to P153 million profit in Q1
by Iris Gonzales - May 14, 2021 - 12:00am
Jollibee Foods Corp., the listed Asian food conglomerate, reported a net income of P153 million in the first quarter, a reversal of the P1.7 billion net loss a year ago.
Puregold eyes more acquisitions
by Iris Gonzales - May 13, 2021 - 12:00am
Lucio Co’s retail empire is on the lookout for possible acquisitions as part of efforts to adapt to changing consumer behavior.
AC Energy: Southeast Asia’s largest listed renewables company
by Iris Gonzales - May 13, 2021 - 12:00am
The growth story of AC Energy could be an edge-of-your seat Netflix series which would be very interesting at least for those really passionate about energy.
Gokongweis get slice of Shakey’s pizza chain
by Iris Gonzales - May 13, 2021 - 12:00am
The Gokongwei Group is grabbing a bite of Shakey’s Pizza Asia Ventures Inc., marking its foray into the full service restaurant business.
Index pulls back on dismal GDP data
by Iris Gonzales - May 13, 2021 - 12:00am
The stock index tumbled back to the 6,200 level yesterday, ending two days of gains, as investors continue to digest the disappointing first quarter GDP data, traders said.
Tycoons push Nayong Pilipino vaccination center
by Iris Gonzales - May 13, 2021 - 12:00am
The proposed mega vaccination center at the Nayong Pilipino property in Parañaque’s Entertainment City would help the Philippines achieve herd immunity, tycoon Enrique Razon Jr. said in a television...
LT Group income up 4.5% to P6.49 billion in Q1
by Iris Gonzales - May 12, 2021 - 12:00am
LT Group Inc., Lucio Tan’s listed holding company, reported a first quarter net income of P6.49 billion, up 4.5 percent from P6.21 billion a year ago.
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