Corporate

CDO water board threatens bulk water service provider with persona non grata declaration

The Cagayan de Oro Bulk Water Inc. (COBI) is aghast at the prospect of being declared persona non grata by the Cagayan de Oro Water District (COWD) which owes it large amounts of money for services already delivered but remains unpaid at present.

URC Q1 net income rises 21% on higher volume and margin growth

Universal Robina Corporation (URC) posted sales of P42.6 billion for the three months ending 31 March 2024, up 7 percent versus the same period last year, with higher sales volumes across all divisions driving strong growth. 

UnionBank starts P1-billion stock rights offer on May 16

Union Bank of the Philippines will start on May 16 a stock rights offer that would raise P1 billion for the country’s 9th largest lender by assets.

News anchor’s son and Solar PH founder now an ABS-CBN shareholder

Businessman Leondro Antonio Leviste has acquired an 8.5 percent stake in ABS-CBN Corp., a listed broadcast company where his mother, Senate President Pro Tempore Loren...

PLDT completes subscription to 34.9% of Radius Telecom

PLDT Inc., the largest integrated telecommunications group in the country, said Thursday it has completed its investment in Radius Telecoms Inc., an indirect subsidiary of energy distributor Manila Electric Co.

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