Corporate
Cebu Landmasters preferred share sale for P5 billion musters regulatory approval
The Securities and Exchange Commission on Thursday approved the public sale of Cebu Landmasters Inc. preferred shares seen generating up to P5 billion.
D&L Industries 2023 earnings weighed down by expenses related to new factory in Batangas
D&L Industries Inc., a listed manufacturing company, said Thursday net income last year dropped 31 percent to P2.3 billion as interest and depreciation expenses related to its new Batangas factory soared.
Soon completed Upper Wawa Dam capacity to enhance water security in Greater Metro Manila
The Upper Wawa Dam, an infrastructure flagship project of the national government, presents a promising solution to address critical water security challenges facing the...
MREIT hikes distributable income in 2023 to P2.8B on steady rental escalation
MREIT, Inc., the real estate investment trust of Megaworld Corp., registered a distributable income of P2.8 billion in 2023, up 13 percent from the P2.5 billion recorded in 2022, on the back of steady rental escalation and high occupancy rate in its office portfolio.
Sprawling queues for subsidized rice highlight plight of Indonesia’s poor
In the afternoon sun, dozens of Indonesians, mostly women, gather in a snaking queue to buy bags of subsidised rice, their arms poking through a metal gate to grab tickets assuring them a spot to make a purchase.
