Holcim earnings hurt by higher cost of fuel, energy in 2022
Listed cement manufacturer Holcim Philippines Inc. on Friday posted 36 percent drop in 2022 net income to P1.64 billion from P2.57 billion in the...
First Gen earnings helped by higher power sales from Clean Energy
First Gen Corp., a Philippine-listed independent power producer primarily using clean energy, said Friday recurring net income in 2022 rose 5 percent to $265 million compared with the $252 million posted the previous year, helped by gains in geothermal plants, and wind and solar farms.
JICA helping develop mixed-use spaces in subway stations under construction
Japan, as represented by the Japan International Cooperation Agency (JICA), has agreed to provide technical services to the country’s implementation of the still evolving...
Government plans selling $2B to $3B retail bonds in April
The government on Friday bared final plans to sell so-called retail dollar bonds of up to $3 billion next month as part of the broad plan to support this year’s spending program.
GT Capital income rises 67% in 2022
GT Capital Holdings Inc., the holding firm of the Ty group, reported income rising 67 percent in 2022 to P18.4 billion from P11 billion the previous year, due mainly to the performance of its banking unit.
