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01/31/2024
ABS-CBN says Sky starts shift to dedicated internet provider - BusinessWorld Online ABS-CBN Corp. said its subsidiary Sky Cable is embarking on its transition to becoming a dedicated internet service provider following its acquisition by Pangilinan-led PLDT Inc. In a stock exchange disclosure on Monday, ABS-CBN said Sky will have its final broadcast on Feb. 26 and will discontinue....
01/31/2024
https://mb.com.ph/2024/1/31/pcc-approves-1-8-b-coke-ph-sale-to-aboitiz-partner
PCC approves $1.8-B Coke PH sale to Aboitiz, partner The $1.8 billion acquisition of Coca-Cola Beverages Philippines Inc. (CCBPI) by Aboitiz Equity Ventures Inc. (AEV) and Coca-Cola Europacific Partners Plc (CCEP) takes a further step towards completion after getting the green light from the Philippine Competition Commission (PCC).
07/20/2023
https://www.bworldonline.com/banking-finance/2023/07/21/535190/bpi-posts-higher-income-in-q2/
BPI posts higher income in Q2 - BusinessWorld Online BANK of the Philippine Islands (BPI) saw its net income rise by 4.5% year on year in the second quarter amid an increase in revenues. The lender’s second-quarter income stood at P13 billion, BPI said in a disclosure to the local bourse on Thursday. The modest year-on-year increase came amid a one-...
07/20/2023
7-Eleven operator allots up to P4B for expansion - BusinessWorld Online 7-ELEVEN operator Philippine Seven Corp. has allotted P3.5 billion to P4 billion for this year’s capital spending budget to support its store expansion. “We opened about 150 stores so far this year out of [the] 400 new stores target,” Philippine Seven Head of Finance and Investor Relations Law...
07/20/2023
https://mb.com.ph/2023/7/18/megaworld-building-p1-5-b-mactan-convention-center
Megaworld building P1.5-B Mactan convention center Township developer Megaworld Corporation is building a P1.5 billion, two-level standalone convention center inside its 30-hectare The Mactan Newtown in Lapu-Lapu City, Cebu.
07/20/2023
https://newsinfo.inquirer.net/1802684/bongbong-marcos-signs-maharlika-investment-fund-into-law
Bongbong Marcos signs Maharlika Investment Fund into law MANILA, Philippines — President Ferdinand "Bongbong" Marcos Jr. on Tuesday signed the controversial Maharlika Investment Fund (MIF) bill into law. The President signed the bill at
07/20/2023
P40 minimum wage increase approved in Metro Manila MANILA, Philippines — The wage board in Metro Manila has approved a P40 minimum wage increase for workers in private establishments, the Department of Labor and Employment (DOLE) announced
07/20/2023
https://business.inquirer.net/410000/anchor-brewing-halting-operations-after-127-years
Anchor Brewing halting operations after 127 years SAN FRANCISCO — San Francisco’s 127-year-old Anchor Brewing Co. will shut down after years of declining sales, citing tough economic conditions. “We recognize the importance and
07/20/2023
https://business.inquirer.net/411023/emperador-subsidiary-to-expand-scotland-distillery
Emperador subsidiary to expand Scotland distillery MANILA -Billionaire Andrew Tan’s Emperador Inc. is ramping up whisky production at the Scotland distillery of subsidiary Whyte and Mackay in line with plans to grow its international
07/20/2023
https://business.inquirer.net/411034/ph-resorts-group-eyes-sale-of-assets
PH Resorts Group eyes sale of assets MANILA -Davao-based tycoon Dennis A. Uy’s PH Resorts Group Holdings divulged plans to sell certain assets as it struggles to get its casino projects off the ground. In a stock exchange filing
07/20/2023
https://business.inquirer.net/411062/boring-psei-bound-for-a-rally
‘Boring’ PSEi bound for a rally? MANILA -Fueled by positive economic fundamentals, Philippine stocks could finally break free from a humdrum trading toward the end of 2023 and shatter the elusive 7,300 to 7,500 levels, according to
07/20/2023
https://www.bworldonline.com/top-stories/2023/07/20/535009/neda-board-approves-naia-upgrade/
NEDA Board approves NAIA upgrade - BusinessWorld Online THE NATIONAL Economic and Development Authority (NEDA) Board on Wednesday approved three new infrastructure projects, including the P170.6-billion public-private partnership (PPP) project to upgrade the aging Ninoy Aquino International Airport (NAIA).
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