Vehicular traffic expansion pushes 1Q SMC SLEX Corp. income 21% higher to P1.6 billion
San Miguel Corp.'s tollway unit on Monday reported net income rising 21 percent in the first quarter this year, driven higher by a rise in vehicle traffic.
DA chief to extend ban on onion import until July
Agriculture Secretary Francisco P. Tiu Laurel Jr. said Monday he plans to extend the ban on the importation of onion in view of the bumper harvest of the crop by local producers.
Roxas Holdings sought voluntary suspension on Leandro Leviste’s acquisition plan
Roxas Holdings Inc. on Monday sought the approval of the Philippine Stock Exchange to suspend trading on its shares following comments from businessman Leandro Leviste on an agreement to acquire around 71 percent of the listed company.
Gaisano’s Metro Retail 1Q net income weighed down by narrower margins
Metro Retail Stores Group Inc., the listed retail business of the Gaisano Group, said Monday first-quarter net income dropped 16 percent year-on-year to P50.3 million due mainly to narrower margins brought by lower share to business of general merchandize.
Treasury bill yields lower at Monday’s auction on strong demand
The Bureau of the Treasury saw lower yields at Monday’s auction on strong demand, allowing it to fully award the entire P15 billion offering to government securities eligible dealers.
