PPA sent more than half its 2023 earnings as dividend contribution of the Treasury
The Philippine Ports Authority (PPA) on Wednesday remitted more than P5 billion of its earnings to the Bureau of the Treasury, its largest dividend contribution to the national government since its creation in 1974.
Phased data center capacity expansion on track to completion by 2026
Data services provider STT GDC Philippines on Wednesday reported an 83 percent rack utilization rate across its operations that highlights the efficiency and reliability of its services and the rising demand for data center capacity in the country.
TWG allows Grab Ph entry in ongoing motorcycle taxi pilot program
The Motorcycle Taxi Technical Working Group, earlier reported to have serious doubts on the practical inclusion of Grab Philippines in the ongoing pilot testing of the service in cities around the country, has issued a clarification saying the ride-hailing super-app had been part of the program all along and had in fact been informed of its inclusion just days before Christmas last year.
Semirara Mining net income down 30% to P27.9B in 2023
Semirara Mining and Power Corp. said Wednesday that its net profit last year dropped 30 percent to P27.9 billion, still the second highest in...
Residential projects, malls drive Filinvest Land 2023 net profit to P3.77B, up 30%
Filinvest Land Inc., one of the leading real estate developers in the country, said Wednesday net profit last year rose 30 percent to P3.77 billion on...
