Corporate
Singson urges corporations, groups to promote civic-minded leadership
Former Public Works Secretary and former Independent Committee on Infrastructure (ICI) commissioner Rogelio L. Singson said leading corporations and organizations in the country should promote civic-mindedness to help develop a new generation of leaders.
Meralco holds animal welfare event for anniversary
The Manila Electric Company (Meralco) marked its 123rd founding anniversary by hosting an animal welfare event aimed at promoting responsible pet ownership, public health, and safer communities.
MWSS approves Manila Water tariff adjustment
Metropolitan Waterworks and Sewerage System (MWSS) has approved a slight tariff adjustment for Manila Water Co., following the implementation of a Foreign Currency Differential Adjustment (FCDA) under the utility’s concession agreement.
URC cedes noodle JV control to Nissin
Universal Robina Corp., the listed food arm of the Gokongwei group, is giving up majority control of its cup noodles joint venture to Nissin Food Asia Co. Ltd. (NFA), the Thai subsidiary of Japan’s Nissin Foods Holdings Co. Ltd., in a move that reshapes a decades-long partnership in the instant noodle market.
Coffee costs clip Universal Robina profits
Universal Robina Corp., the listed food unit of the Gokongwei Group, posted modest revenue growth last year but saw profits ease as unusually high coffee input costs squeezed margins, highlighting how volatile commodity prices continue to challenge food manufacturers.
