Corporate
“Data is gold”
The Securities and Exchange Commission (SEC) has given law enforcement units and various agencies access to beneficial the ownership information of corporations as part of boosted efforts to combat money laundering and terrorist financing.
Facebook owner Meta angers Australia with plan to stop paying for news content
Meta Platforms META.O said it will stop paying Australian news publishers for content that appears on Facebook, setting up a fresh battle with Canberra which had led the world with a law that forces internet giants to strike licencing deals.
Robust casino operations drive Premium Leisure earnings in 2023
Premium Leisure Corp., a listed company that holds investments in Philippine gaming-related business, said Friday net profit last year surged 85 percent to P2.32 billion, powered manly by strong casino operations at the City of Dreams Manila.Total revenue last year increased 41 percent to P2.94 billion.
ICTSI net income fell 17% to USD511.5M; plans USD450M capex for 2024
International Container Terminal Services Inc. reported Friday net income last year declined 17 percent year-on-year to USD511.5 million primarily due to non-recurring and non-cash impairment...
Philex earnings hurt by lower gold, copper output
Philex Mining Corp., one of the largest gold and copper producers in Southeast Asia, said Thursday net income last year dropped to P1.02 billion from P1.8 billion in 2022 due to lower mine output.
