Corporate

Depreciation, lack of one-time gains push Globe 2023 earnings 29% lower to P24.6 B

Globe Telecom Inc. on Wednesday reported a 29 percent drop in net income last year to P24.6 billion from P34.60 billion in 2022. 

P10 billion FDC bonds list at PDEX

Filinvest Development Corp. on Wednesday listed P10 billion fixed rate bonds on the Philippine Dealing and Exchange Corp. 

Largest bulk water project in the country to address Davao’s growing water needs

The Davao City Bulk Water Supply Project (DCBWSP), the largest of its kind in the country capable of producing 300 million liters per day (MLD) started commercial production on Wednesday.

Fruitas opens three restaurants in January

Food and beverage kiosk operator Fruitas Holdings Inc. has opened three new Ling Nam restaurants in Quezon City, Caloocan and Makati City in January. 

Maynilad STP in Valenzuela begins partial operations

West Zone concessionaire Maynilad Water Services Inc., announced on Tuesday the partial operations of its sewage treatment plant (STP) in Marulas, Valenzuela.

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