Globe exceeds its tower sale and leaseback target
Globe Telecom Inc. on Monday said it raised neatly P100 billion from the sale and leaseback of its telecommunications towers.
The Ayala-led telco has been...
Cirtek Holdings 1Q earnings dragged down by lower semiconductor, antenna sales
Cirtek Holdings Philippine Corp., a listed semiconductor and antenna assembler, said Monday net profit in the first quarter declined 11 percent year-on-year to $1.55...
Budget airline relaunches Laoag-Manila flights
Cebu Pacific on Monday re-launched its Laoag-Manila route, the airline's 35th domestic destination.
With this development, traveling around the Philippines from Laoag has become easier,...
Start up costs squeeze Upson profit margins in 1Q; expansion plans pushed
Newly-listed personal computer and information technology products retailer Upson International Corp. said Monday net income in the first quarter was up 2.2 percent to...
LTO chief resigns
The chief of the Land Transportation Office on Monday announced his resignation due to differences with Transportation Secretary Jaime J. Bautista.
"Even as the Department...
