Packs of sugar are arranged on a shelf in a store in Quiapo, Manila, Aug. 11. — PHILIPPINE STAR/ EDD GUMBAN By Kyle Aristophere T. Atienza and Revin Mikhael D.…
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Buildings are seen along EDSA in Quezon City, July 3 — PHILIPPINE STAR/ MIGUEL DE GUZMAN By Diego Gabriel C. Robles THE PHILIPPINES now aims to become a high-income economy…
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THE SY SIBLINGS remained the richest in the Philippines, despite a $4-billion drop in their net worth in 2022, according to Forbes Asia. The combined wealth of 50 tycoons in…
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GLENN CARSTENS PETERS-UNSPLASH By Arjay L. Balinbin, Senior Reporter THE National Telecommunications Commission (NTC) will investigate the partnership between ABS-CBN Corp. and TV5 Network, Inc. of the Pangilinan group’s MediaQuest…
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BW FILE PHOTO JOLLIBEE Foods Corp. (JFC) recorded a surge in its attributable net income to P2.79 billion in the second quarter, almost triple last year’s P976.71 million, after booking…
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CONVERGE ICT Solutions, Inc. has revised its capital expenditure (capex) guidance for the year, lowering it to P21-23 billion from P26-28 billion previously. “With weak peso like today, capex is…
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GLOBAL-ESTATE Resorts, Inc. (GERI) posted a 33.2% increase in its attributable net income of P404.55 million in the second quarter as most of its business segments recorded higher revenues. Revenues…
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CEBUPACIFICAIR.COM CEBU Air, Inc., the listed operator of budget carrier Cebu Pacific, announced on Thursday that it narrowed its net loss for the second quarter of the year to P1.89…
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THE Philippine Retailers Association (PRA) remains positive that the local retail sector’s growth trajectory will continue despite the country’s rising inflation rate, its top official said on Thursday. “I think…
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CENTURY Properties Group, Inc. (CPG) posted a net income of P174.75 million attributable to equity holders in the second quarter, nearly 26% higher than a year ago, after posting double-digit…