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AUTHORS
Iris Gonzales
Iris Gonzales
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RLC earnings down 39% to P5.26 billion
by Iris Gonzales - March 4, 2021 - 12:00am
Robinsons Land Corp, the real estate development arm of the Gokongwei family, posted a net income of P5.26 billion last year, down 39 percent due to the COVID-19 pandemic.
URC income up 15% to P11.6 billion
by Iris Gonzales - March 4, 2021 - 12:00am
Gokongwei-owned snack foods giant Universal Robina Corp. reported a 15 percent growth in net income last year to P11.6 billion on higher operating income, lower debt and interest expenses.
MPIC eyes return to pre-COVID profitability by 2022
by Iris Gonzales - March 4, 2021 - 12:00am
Metro Pacific Investments Corp., the tollways and infrastructure conglomerate chaired by tycoon Manuel V. Pangilinan, expects to return to pre-COVID-19 profitability by 2022 as it considers 2021 still a transition...
Bets, brawls and blood (First of three parts)
by Iris Gonzales - March 4, 2021 - 12:00am
On a soil covered indoor cockpit arena, two gamecocks are about to fight for their lives. One has silky white feathers, the other, pitch black with streaks of tangerine.
D&L earnings up 8% in Q4
by Iris Gonzales - March 4, 2021 - 12:00am
D&L Industries Inc., the specialty foods ingredients and chemicals company, posted an eight percent increase in net income in the fourth quarter of 2020 to P637 million.
Index finishes higher on last-minute buying
by Iris Gonzales - March 4, 2021 - 12:00am
Share prices managed to end higher yesterday as bargain hunters resorted to last-minute buying, providing the main index a lift despite an erratic trading session.
Century Pacific reduces freshwater consumption
by Iris Gonzales - March 3, 2021 - 12:00am
Century Pacific Food Inc., the listed canned food company, is taking steps to reduce water consumption.
Century Properties raises P3 billion from bond issue
by Iris Gonzales - March 3, 2021 - 12:00am
Century Properties Group Inc., the real estate firm of the Antonio Group, raised P3 billion in fresh funds following an offering of fixed rate bonds.
PSEi up for 3rd day on vaccine rollout
by Iris Gonzales - March 3, 2021 - 12:00am
Share prices sustained gains for the third straight day as the first rollout in the country of a COVID-19 vaccine injected investors with optimism of a faster economic recovery.
Vaccine rollout boosts share prices
by Iris Gonzales - March 2, 2021 - 12:00am
The stock market opened the week on a strong note yesterday as investors welcomed the initial rollout of Sinovac vaccines in the Philippines even as the country is the last in Southeast Asia to receive vaccines against...
Denormalize corruption
by Iris Gonzales - March 1, 2021 - 12:00am
It was a very short message, but very much on point.
PSE oks DDMP REIT IPO
by Iris Gonzales - March 1, 2021 - 12:00am
The Philippine Stock Exchange index , the operator of the local bourse, has approved the initial public offering of tycoon Injap Sia’s DDMP REIT Inc.the second real estate investment trust to debut on the...
PSEi may trek higher this week
by Iris Gonzales - March 1, 2021 - 12:00am
Share prices are expected to trek higher this week with immediate major resistance from 6,920 to 6,970 level, analysts said.
Robinsons Retail income down 25%
by Iris Gonzales - February 28, 2021 - 12:00am
Robinsons Retail Holdings Inc., the listed retail arm of the Gokongwei Group, posted a net income of P2.9 billion last year, down 25.2 percent from 2019.
SM Group profit hits P23.4 billion last year
by Iris Gonzales - February 27, 2021 - 12:00am
SM Investments Corp. , the investment holding company of the SM Group, reported a 48 percent drop in net income in 2020 to P23.4 billion as the negative impact of COVID-19 battered the company’s different...
Stocks advance as bargain hunters rush at the close
by Iris Gonzales - February 27, 2021 - 12:00am
Share prices recovered yesterday, ending the shortened trading week in positive territory despite persistent foreign selling as bargain hunters stepped in to pick up oversold stocks.
JG Summit strengthens digital platform
by Iris Gonzales - February 26, 2021 - 12:00am
JG Summit Holdings Inc., the investment holding firm of the Gokongwei family, continues to strengthen its digital platform as it entered into a partnership with Darwinbox, a leading HR tech provider.
Infrastructure
by Iris Gonzales - February 25, 2021 - 12:00am
Tuesday afternoon in Bacoor, Cavite saw me in a mad scramble to leave the faraway province.
ALI profit down 74% to P8.7 billion
by Iris Gonzales - February 25, 2021 - 12:00am
Ayala Land Inc. reported a 74 percent drop in net income in 2020 to P8.7 billion.
Share prices drop on lack of impetus
by Iris Gonzales - February 25, 2021 - 12:00am
Local stocks retreated yesterday, mirroring the drop in major Asian bourses, as the lack of positive catalysts forced investors on the sidelines.
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