Corporate
MPIC agri unit steers clear of the meat business but ramps up vegetable, dairy operations
Metro Pacific Agro Ventures Inc., a unit of conglomerate Metro Pacific Investments Corp., is ramping up its vegetable and dairy operations by going into the chicken egg and carabao milk business.
REDC reports expanded net income in the first half
Repower Energy Development Corp., a subsidiary of Pure Energy Holdings Corp., reported an increase in profitability in the first half this year, sustaining growth from the steady operations of the Tibag and Lower Labayat run-of-the-river mini hydropower plants.
Substandard rebars found in N. Luzon
Substandard steel bars (rebars) have been found in various provinces in northern Luzon in random test buys conducted by the Philippine Iron and Steel Institute (PISI).
Vista land saw double-digit growth in 1H earnings on portfolio expansion
Vista Land & Lifescapes Inc., a listed unit of the Villar Group, posted net income of P6.4 billion for the first half, an 11 percent increase from last year as the leading integrated property developer and the country's largest homebuilder continued to expand its development portfolio.
PAGCOR gross gaming revenue surges in 1H on gains from e-games
The Philippine Amusement and Gaming Corp. has reported a 25 percent increase in gross gaming revenue in the first half of 2024, reaching a total P170.93 billion. The surge in gaming revenue was traced to significant growth in betting activities on electronic games, which more than compensated for declines in casino and bingo revenue.
