Steady rise in total subscribers drive Converge profit growth
Converge Information and Communications Technology Solutions Inc. said Friday net income in the first nine months of the year rose 4.3 percent to P6.4 billion on the back of the steady increase of subscribers to its high-speed fiber broadband network.
Premier Mindanao realtor raising P1.5 billion preferred share sale
Mindanao-based real estate developer A Brown Company, Inc. looks to launch the second tranche of its preferred share offering worth of up to P1.5 billion.
Disallowed expenses further complicate NGCP bookkeeping woes
Apart from having to refund prospectively billions of pesos worth of revenue claims, the National Grid Corporation of the Philippines (NGCP) also face the indignity of reclassifying an undetermined amount of expenses merely because its regulator, the Energy Regulator Commission (ERC), failed to do its mandate.
Agriculture helps GDP growth; DA moves to ensure larger share
The growth of the farm sector in the third quarter is a clear signal that the Department of Agriculture (DA) needs to step up efforts to significantly increase food production and modernize the sector that provides jobs for one in every four Filipinos.
Malaysia’s price controls keep rice production low, exacerbating shortages
In September, amid a shortage of white rice in Malaysia, rice mill operator and wholesaler Allen Lim started receiving calls from supermarkets asking for additional supplies. But he had to turn them down.
