Asset-light ABS-CBN projects positive cash flow towards year end
ABS-CBN Corp. on Thursday reported paring its loss by 18 percent in the first three months this year to P994 million from P1.2 billion in the same period last year.
China Bank new PSE ticker symbol: CBC
The Philippine Stock Exchange Inc. and China Banking Corp. on Wednesday held a special bell ringing ceremony marking the first time that Chinabank traded under the stock symbol CBC from CHIB.
Tuna catcher adds 8,000 MT to Frabelle’s annual catch
Frabelle Fishing Corp. has added another vessel to its tuna fishing fleet that will increase its annual catch by 8,000 metric tons (MT).
Shakey’s confident of hitting double-digit growth this year
Shakey’s Pizza Asia Ventures Inc., which owns the American pizza brand in the region, is confident of hitting double digit growth this year betting on the basis of the strong following of its stable of brands and continued store expansion.
Additional direct flights to international destinations from MCIA open soon
AirAsia Philippines flights out of Mactan Cebu International Airport (MCIA) should soon include popular international destinations such as Kuala Lumpur, Narita, Osaka, Taipei and Seoul.
