Cosco Capital posts 10% growth in earnings
Cosco Capital said the steady recovery of the economy has helped sustain consumer demand that has fueled revenue growth across its business portfolio that includes retailing via Puregold Price Club Inc. and S&R Membership Shopping Club, liquor distribution, commercial real estate, energy and minerals, and specialty retail.
BSP orders GCash to resolve unauthorized deductions
The Bangko Sentral ng Pilipinas (BSP) has intervened in the ongoing issue of unauthorized deductions from GCash accounts, directing G-Xchange, Inc. (GXI) to swiftly address the problem and expedite refunds for affected users.
SM Prime profit soars 12%, sets sights on record year
Mall operator SM Prime Holdings Inc., on Monday reported a 12 percent increase in net income for the first three quarters of 2024, reaching P33.9 billion, up from P30.1 billion in the same period last year.
San Miguel Corp. reports 19% income growth in 9 months despite challenges
Conglomerate San Miguel Corporation (SMC) announced on Monday that its net income for the first nine months of 2024 increased by 19 percent to P37.1 billion, up from P31.18 billion in the same period last year, driven by robust performance across its diverse business segments despite challenges like typhoons and currency fluctuations.
ICTSI slams Maersk’s legal block on Durban Port deal
International Container Terminal Services Inc. (ICTSI) on Monday expressed strong disappointment over legal action taken by rival Maersk APM Terminals that it claims are hindering efforts to take over the operations of a container terminal in Durban, South Africa.
