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AUTHORS
Richmond Mercurio
Richmond Mercurio
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Trade recovery lifts ATI results
by Richmond Mercurio - May 15, 2021 - 12:00am
Higher cargo volumes amid signs of trade recovery lifted Asian Terminals Inc. performance in the first quarter.
Grab expands cloud kitchen concept
by Richmond Mercurio - May 14, 2021 - 12:00am
Grab has expanded its cloud kitchen concept, adding two new locations as part of the company’s efforts to bring convenience to customers and help more restaurants grow.
Comprehensive restructuring an option for PAL
by Richmond Mercurio - May 13, 2021 - 12:00am
Flag carrier Philippine Airlines continues to explore all available options to ensure its survival, but assures unhampered operations amid a planned comprehensive restructuring.
CebuPac transports COVID-19 vaccines to Visayas and Mindanao
by Richmond Mercurio - May 13, 2021 - 12:00am
Cebu Pacific transported about 70,000 COVID-19 vaccines to the Visayas and Mindanao in the past two days.
Dito coming to NCR next week
by Richmond Mercurio - May 12, 2021 - 12:00am
Third telco player Dito Telecommunity Corp. will make its services available to the National Capital Region starting next week, a little over two months since its official launch.
Privatization of Bohol, Davao airports seen progressing
by Richmond Mercurio - May 12, 2021 - 12:00am
The privatization of the Davao International Airport and the Bohol-Panglao International Airport are seen making significant progress this year while that of the Ninoy Aquino International Airport has been put...
GCash to expand
by Richmond Mercurio - May 12, 2021 - 12:00am
Mobile wallet giant GCash is looking at further expanding its portfolio of financial services as it aims to double the value of transactions it processed last year.
SEC approves PT&T capital hike reversal
by Richmond Mercurio - May 12, 2021 - 12:00am
Philippine Telegraph & Telephone Corp. has secured a favorable response from the corporate regulator to reverse a previously approved capital hike.
PPA net income up 3% in Q1
by Richmond Mercurio - May 11, 2021 - 12:00am
The Philippine Ports Authority reported a three percent increase in net income in the first quarter.
... as Gokongwei airline posts bigger loss in Q1
by Richmond Mercurio - May 11, 2021 - 12:00am
Gokongwei-owned Cebu Pacific saw losses widen in the first quarter as flight restrictions continued to dampen revenues.
IFC, equity firms invest P12 billion in Cebu Pacific
by Richmond Mercurio - May 11, 2021 - 12:00am
Budget carrier Cebu Pacific has secured $250 million through the issuance of convertible bonds to the private sector arm of the World Bank Group and an American private equity firm.
Telcos see 5G contributing bigger share in future
by Richmond Mercurio - May 10, 2021 - 12:00am
Mobile operators expect 5G, the next generation of wireless technology, to start contributing a bigger share to their business next year.
PayMaya eyes P1.4 trillion worth of transactions by December
by Richmond Mercurio - May 10, 2021 - 12:00am
PayMaya Philippines expects to process P1.4 trillion worth of transactions by December this year, exceeding its P1 trillion target two years ahead of schedule.
Globe explores new submarine cable systems
by Richmond Mercurio - May 10, 2021 - 12:00am
Globe Telecom Inc. is exploring potential partnerships for new cable systems to expand its international network capacity.
PLDT confident of maintaining dominance in home broadband
by Richmond Mercurio - May 10, 2021 - 12:00am
Telecommunications giant PLDT Inc. said it is fully equipped to maintain its leadership in the home broadband segment in the short term amid increasing competition.
AirAsia carries more passengers
by Richmond Mercurio - May 9, 2021 - 12:00am
AirAsia Philippines carried more passengers in the first quarter compared to the previous quarter as it leveraged on a strong rebound in travel demand.
GMA creates unit for non-core investments
by Richmond Mercurio - May 9, 2021 - 12:00am
GMA Network Inc. is setting up a new subsidiary for its non-core related ventures.
PLDT, Smart launch new UNICEF assessment tool
by Richmond Mercurio - May 9, 2021 - 12:00am
PLDT Inc. and its wireless unit Smart Communications Inc. have deepened their collaboration with the United Nations Children’s Fund, becoming pioneers in Southeast Asia to adopt the agency’s updated...
Globe income climbs 11% to P7.3 billion
by Richmond Mercurio - May 8, 2021 - 12:00am
Globe Telecom Inc. saw its earnings rise in the first quarter as the company benefitted from lower non-operating expenses and lower taxes due to the retroactive impact of the CREATE Law.
Easytrip top-up now possible via Smart load
by Richmond Mercurio - May 8, 2021 - 12:00am
Mobile services provider Smart Communications Inc. has partnered with Metro Pacific Tollways Corp. to introduce the country’s first toll top-up via mobile load service.
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