Corporate

“Beware of homonyms and moderate your greed”

The Securities and Exchange Commission on Thursday advised the public against dealing with spurious companies posing as legitimate organizations, such as the Philippine Investment Funds Association and CT Loan Cash Loan and Credit Co.

Converge declares cash dividends a year ahead of schedule

Converge ICT Solutions Inc. on Wednesday announced a cash dividend payment for shareholders, its first since its debut at the stock market and ahead of the target 2025 schedule.

Del Monte incurs wider first-quarter net loss

Campos-led Del Monte Pacific Ltd. on Wednesday reported a net loss of $34.2 million in the quarter ending July, wider than the year ago loss of USD13.1 million on higher interest expense and cost of production in U.S. subsidiary Del Monte Foods Inc.

Maynilad completes P380-M pipe replacement project in Manila

West Zone concessionaire Maynilad Water Services Inc. has completed a P380-million project replacing old and undersized pipes in some parts of Manila and boosting...

Monde Nissin exploring new possibilities with Amico Innovations purchase

Food and beverage maker Monde Nissin Corp. is buying a controlling stake in the still incorporating goods trader Amico Innovations for P17.5 million. 

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