Corporate
Concepcion Industrial income rises 64% on strong 3Q income
Concepcion Industrial Corp., known for its refrigerators and air-condition appliances, reported income over three quarters in September rising 64 percent to P489.34 million from last year’s P297.72 million, as sales exceeded pre-pandemic levels.
SM Prime to open its 85th shopping mall
Shopping mall operator SM Prime Holdings Inc. said it will open SM City Sto. Tomas in Batangas on Friday, 27 October.
Jollibee to open Common Man Coffee at Ayala Triangle Gardens
Jollibee Foods Corp. on Wednesday said it signed a contract with Ayala Land Inc.’s shopping mall division to locate the Common Man Coffee Roasters shop at the Ayala Triangle Gardens.
Phoenix Petroleum to raise P1B from SG subsidiary divestment
Phoenix Petroleum Philippines Inc. on Wednesday said it will raise as much as $19,210,000 or P1.09 billion from the divestment of its stake in PNX Petroleum Singapore Pte. Ltd. (PNX SG).
BPI shortens P5B bond offer period by 9 days to Wednesday
Bank of the Philippine Islands, the country’s third largest lender by assets, said it will end Wednesday the offer period for its 1.5-year, P5 billion...
