JTI opens new Las Pinas branch
JTI Philippines formally inaugurated its new Las Pinas branch early this month, marking an important milestone for the company and demonstrating its continued growth and commitment to the country.
Globe posts solid net income fueled by strong EBITDA growth
Globe's net income for the first half of 2024 remains solid at P14.5 billion, primarily driven by strong growth in earnings before interest, taxes, depreciation, and amortization (EBITDA) that effectively offset the increase in depreciation expenses.
Tobacco business weighs down LT Group earnings; 1H net income down 2 percent
LT Group Inc., the investment holding company tycoon Lucio Tan, reported Tuesday a 2 percent decline in first-half net income to P12.80 billion, weighed down by weaker earnings from its tobacco business.
Average rates on shorter-dated treasury bills higher at Monday’s auction
Yield on shorter-dated treasury bills rose at the auction Monday, days after the Philippine Statistics Authority reported that July inflation overshot the Bangko Sentral ng Pilipinas target range of 2 percent to 4 percent.
SMC reports strong first half with 15% revenue growth
San Miguel Corporation (SMC) reported strong results for the first half of 2024, with consolidated revenues reaching ₱789.0 billion, up 15 percent from the same period last year.
