Cebu Landmasters boosts 2022 reservation sales by 14%
Cebu Landmasters Inc., a leading property developer in the Visayas and Mindanao, said Tuesday it saw a 14 percent year-on-year increase in reservation sales for 2022 to P18.8 billion on the back of the strong real estate market in central and southern Philippines.
Globe 2022 net profit rose 46% on year to P34.6B; helped by one-off items
Globe Telecom Inc., the telecommunications arm of the Ayala Group, said Tuesday net profit in 2022 surged 46 percent year-on-year to P34.6 billion, with extraordinary gains from the partial sale of its data center and the sale and leaseback of its tower assets offsetting increased depreciation.
January inflation accelerated to 8.7% on year
The rate of change in the price of consumer goods and services accelerated to 8.7 percent year-on-year in January, its fastest pace since the 9.1 percent recorded in November 2008, on account of higher cost of house rental, utilities, food and transportation.
Maynilad to invest P3.2 billion for Cavite facilities
Maynilad Water Services, Inc. is setting aside P3.2 billion for the construction of four modular treatment plants (ModTPs) that will serve its customers in Cavite.
Red onion to carry SRP tags starting Wednesday
Beginning this Wednesday, the price of imported red onions will carry a suggested retail price (SRP) of P125 per kilo in wet markets in the National Capital Region (NCR), according to the Department of Agriculture (DA).
