“Velarde’s quest as major telco player remains valid, SC reports of rejection notwithstanding”
Businessman Mel Velarde's NOW Telecom on Tuesday said its quest for a third slot in the telecommunications industry remains in contention and very much valid despite claims of a Supreme Court rejection.
Previous year’s gain from accounting adjustments weigh on ACEN results for 2023
ACEN Corp., the listed energy platform of the Ayala Group, said Tuesday net income last year stood at P7.4 billion, down 43 percent from 2022 when bottomline included P8.6 billion in gains from various accounting adjustments.
SC affirms jail sentence for fake money seller
The Supreme Court (SC) upheld lower court rulings that sentenced a man to prison for illegal possession and use of fake banknotes.
In a decision penned by Associate Justice Jhosep Y. Lopez, the SC’s Second Division denied the petition by Allan Gacasan that challenged the rulings of the Court of Appeals (CA) and the Regional Trial Court (RTC).
Steady expansion drives Jollibee profit in 2023
Jollibee Foods Corp., one of the largest Asian food service companies, said Tuesday its net income in 2023 increased 16 percent year-on-year to P8.77 billion on strong sales and improve operating margins.
Sun Life Grepa aims to provide insurance for every Filipino family on its 70th year
The country’s life insurance industry is investing heavily on new technologies while nurturing partnerships to stay in the game.
