Corporate
Better margins from cooking gas business boosts Pryce 1H earnings
Pryce Corp. on Thursday reported first half net income surging 61 percent to P1.32 billion on improved margins from the sale of liquefied petroleum gas, or LPG, across Luzon.
Globe completes sale-and-leaseback deal with Frontier Tower for 3,529 towers
Globe Telecom Inc., the telecommunications and financial technology business of the Ayala Group, said Thursday it has completed the sale of assets to Frontier Tower Associates Philippines Inc. with the transfer of the final batch of 1,037 telecom towers for a cash consideration of P13.17 billion.
SEC rolls out guidelines to regulate real estate profit-sharing contracts
The Securities and Exchange Commission is rolling out new guidelines aimed at regulating real estate investment contracts to protect investors and promote industry growth.
Surge in foot traffic a testament to SM Supermalls’ dynamic evolution
In the heart of bustling cities and towns across the Philippines, the Sy Group's SM Supermalls is redefining the shopping experience by creating ecosystems of entertainment, dining, and community engagement to keep in step with evolving demands and preferences of the Filipino consumer.
AboitizPower 1H net income down 4% to P17.1 billion on depreciation cost
Aboitiz Power Corp. said net income in the first half declined 4 percent to P17.1 billion, weighed down by the recognition of depreciation and interest expenses of GNPower Dinginin Ltd. Co.’s units 1 and 2.
