PSE income surges 20% higher even with fewer revenue
The Philippine Stock Exchange which operates the country’s equities trading platform and owns the bonds exchange said its nine-month income increased 20 percent to P575.65 million from last year’s P480.07 million.
Operating expense push 9-month MRSGI income lower
Metro Retail Stores Group Inc. reported net income falling 36 percent over nine months this year to only P254.6 million from last year’s P400.7 million due to higher operating expenses offset only partially by improvements in gross margins.
ABS-CBN Corp, like erstwhile rival GMA Network, trace wider 9-month net loss to lack of pol ads
ABS-CBN Corp. on Wednesday posted a loss 78 percent wider in the first nine months this year that its executives attributed to the absence of political advertising. Erstwhile rival GMA Network similarly referenced the same for its own financial performance during the period.
Electric cooperatives draw loans worth P900M from NEA
The bulk of financial assistance extended by the National Electrification Administration (NEA) to electric cooperatives (ECs) as of end-October this year beefed up their capital structure.
World’s best tapped in Ph-Singapore data center construction
STT GDC Philippines has tapped First Balfour - Leighton Asia Joint Venture (FBLJV) as general contractor of the data center planned in Fairview, Quezon City also touted as the country's largest.
