January-April tourist arrivals rise 14% to 2.12 million, led by South Korean visitors
Tourist arrivals in the Philippines rose nearly 14 percent in the first four months of the year to 2.12 million, with foreign visitors led by tourists from South Korea.
CLI income rises 15% over three months
Cebu Landmasters Inc., a regional property developer, said its first-quarter income rose 15 percent in the first three months this year to P978 million from year ago of P847 million on the back of strong sales of its products.
Andrew Tan’s Mreit to acquire P13.15 billion worth of properties from Megaworld
Mreit Inc., the real estate investment trust of Megaworld Corp., said it will acquire six office properties valued at P13.15 billion from its sponsor firm.
Robinsons Retail looks to expand outside of NCR
Robinsons Retail Holdings Inc., the listed retail unit of the Gokongwei group, is planning a wider footprint in places outside the National Capital Region, spearheaded by its drugstore and supermarket units.
Better margins help Pryce buck weak sales, push 1Q profit higher
Better margins from cooking gas sales, particularly in Luzon, despite the decline in prices, buoyed first-quarter net income of Mindanao-based Pryce Corp. to a 40 growth to P656.7 million.
