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Iris Gonzales
Iris Gonzales
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Exhausting
by Iris Gonzales - June 1, 2020 - 12:00am
The rains have come; men, women and children are restless; and summer’s about to be just a blurry memory.
PSEi may test 6,000 level this week
by Iris Gonzales - June 1, 2020 - 12:00am
The Philippine Stock Exchange index (PSEi) may test the 6,000 barrier this week following the easing of the Luzon-wide lockdown, according to analysts.
Real estate sector braces for POGO closures
by Iris Gonzales - June 1, 2020 - 12:00am
The real estate sector is bracing for the possible closure of some offshore gaming companies and their service providers due to the impact of the coronavirus disease 2019 or COVID-19 pandemic.
Puregold earnings up 16.8% to P1.76 billion in Q1
by Iris Gonzales - May 31, 2020 - 12:00am
Puregold Price Club Inc. reported a consolidated net income of P1.76 billion in the first quarter, up 16.8 percent.
SMC income plunges 91% to P1 billion in Q1
by Iris Gonzales - May 30, 2020 - 12:00am
San Miguel Corp., the country’s biggest conglomerate, saw its first quarter income slump 91 percent to P1 billion due to the adverse business environment brought about by the coronavirus disease 2019 or COVID-19...
MPIC sells 19.2% stake in LRT-1 to Sumitomo
by Iris Gonzales - May 30, 2020 - 12:00am
Metro Pacific Investments Corp., an infrastructure conglomerate, has sold its 19.2 percent economic interest in Light Rail Transit 1 to Sumitomo Corp., one of Japan’s largest trading general trading compa...
Vista Land nets 10% more in 2019
by Iris Gonzales - May 30, 2020 - 12:00am
Vista Land & Lifescapes Inc., the Villar-owned property developer and homebuilder, generated a net income of P11.6 billion for the full year 2019, up 10 percent.
Stocks get lift from shift to GCQ
by Iris Gonzales - May 30, 2020 - 12:00am
The stock market rallied yesterday, fueled by the rebalancing of the MSCI and as investors welcomed news that the economy would finally reopen as Metro Manila shifts into general community quarantine on June 1.
Jollibee loses P1.8 billion in Q1 as stores closed
by Iris Gonzales - May 29, 2020 - 12:00am
Jollibee Foods Corp. expects to incur even higher losses for the rest of the year given the 222.6 percent decline in its first quarter net income.
Share prices rise on possible shift to general quarantine
by Iris Gonzales - May 29, 2020 - 12:00am
The stock market reacted positively yesterday to a proposal to put Metro Manila under general community quarantine.
Okada Manila cuts 1K workers
by Iris Gonzales - May 28, 2020 - 12:00am
Okada Manila is reducing its workforce through a retrenchment program as a result of the difficult business environment brought about by the coronavirus disease 2019 or COVID-19 pandemic.
Holcim restarts operations
by Iris Gonzales - May 28, 2020 - 12:00am
Holcim Philippines Inc. has restarted its operations with safety protocols in all its sites nationwide.
Emperador posts P7 billion recurring profit in 2019
by Iris Gonzales - May 28, 2020 - 12:00am
Emperador Inc. the Andrew Tan-owned brandy company, posted a recurring net profit of P7 billion last year, up five percent.
Cigarette smuggling
by Iris Gonzales - May 28, 2020 - 12:00am
Unscrupulous cigarette traders are raking it in despite the lockdown, so say my sources.
Last-minute bargain hunting lifts stocks
by Iris Gonzales - May 28, 2020 - 12:00am
The benchmark Philippine Stock Exchange index managed to finish in positive territory yesterday as market investors decided to hunt for bargain stocks.
Stocks slide as investors digest news on lockdown
by Iris Gonzales - May 27, 2020 - 12:00am
The benchmark Philippine Stock Exchange index opened the trading week on a sour note even as it managed to cut losses at the last minute.
SEC reopens today
by Iris Gonzales - May 26, 2020 - 12:00am
The Securities and Exchange Commission will reopen today to address business applications after closing its offices in mid-March as a result of the Luzon-wide enhanced community quarantine.
Kapitan’s P15 billion PAL infusion
by Iris Gonzales - May 25, 2020 - 12:00am
There’s a crash landing happening in Lucio Tan-owned Philippine Airlines, but it’s the craze over the romantically addictive Netflix series Crash Landing On You that is sweeping PAL employees, so says...
Index may move sideways this week
by Iris Gonzales - May 25, 2020 - 12:00am
The stock market is expected to move sideways this week as investors continue to stay on the sidelines waiting for answers on how the coronavirus pandemic will end.
SMIC income hits P9 billion in 3 months
by Iris Gonzales - May 23, 2020 - 12:00am
SM Investments Corp. posted a net income of P9 billion in the first quarter, down 16 percent as a result of the Luzon-wide enhanced community quarantine which was imposed last March 15 because of the coronavirus...
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