Corporate
Electronic games drive PAGCOR earnings
PAGCOR Chairman and Chief Executive Officer Alejandro Tengco said earnings performance remains robust in spite of President Ferdinand Marcos's decision to ban offshore gaming operations in the country.
PSE approves Ayala Corp preferred shares trading suspension
The Philippine Stock Exchange said Thursday it has approved the request of Ayala Corp. for an indefinite, voluntary trading suspension of its preferred “B” Series 2 shares from 14 November.
RFM, Unilever celebrate 25 years of ‘sweet ice cream success’
In 1999, when Go Negosyo exponent Joey Concepcion was in his 40s, the family’s RFM Corporation formed a sweet joint venture with multinational Unilever, officially launching Unilever RFM Ice Cream Inc.
PXP Energy narrows net loss amid stable oil prices
PXP Energy Corp., the publicly listed upstream oil and gas subsidiary of Philex Mining Corp., reported a reduced core net loss of P16.7 million in the first nine months, down from P22.9 million during the same period last year.
Megawide exits airport venture
Megawide Construction Corp. on Wednesday announced that it will exchange its more 33 percent share in Aboitiz GMR Megawide Cebu Airport Corporation (AGMCAC) for P7.76 billion in a deal with Aboitiz InfraCapital Inc. (AIC).
