Adequately funded Phinma education arm defers planned IPO another 5 years
Conglomerate Phinma Corp. has put off the already delayed listing of Phinma Education Holdings Inc. (PEHI) by another five years.
PLDT posts flat 1H net income as Maya losses temper revenue gain
PLDT Inc. the country’s largest integrated telecommunications group, on Tuesday reported first-half net income barely changed at P18.41 billion, with revenue gains tempered by losses from Maya Innovations Holdings.
MVP wants “greater say” in Maya business direction going forward
A recent deal that valued Globe Fintech Innovations Inc., better known as Mynt and the parent company of GCash, at USD5 billion has left PLDT and Smart chairman and CEO Manuel V. Pangilinan thinking out loud about the performance of Maya Innovations Holdings—the group’s unit directly competing with GCash.
Direct, deep-discount Cebu Pacific flights begin selling
Cebu Pacific on Tuesday launched a new seat sale allowing travelers in the Visayas and Mindanao to explore a wide range of domestic and international routes with affordable flight packages.
Cebu Landmasters’ earnings get strong push from hotel, leasing businesses
Cebu Landmasters Inc., a listed property developer whose home market is in the Visayas and Mindanao, on Tuesday said net profit in the first half rose 24 percent to P1.7 billion on the back of gains from hotel and leasing business, revenue recognition in ongoing projects, and one-off lot sale proceeds.
