Corporate

Stiff Luzon competition, weak consumer spending hit Metro Retail earnings

Metro Retail Stores Group Inc., the retail network owned by the Gaisano Group, said Friday net income in the first half  dropped nearly 38...

Shell Pilipinas rebounds in 2Q, eyes stronger growth in coming quarters

Shell Pilipinas Corp., the local unit of international energy group Shell, will continue to trim expenses and sustain its marketing strategy to grow profit,...

DigiPlus sets dividend policy; 30% of core income as Max cash dividend 

DigiPlus Interactive Corp. said its board has approved a dividend policy that requires for the listed leisure and gaming company to pay regular cash...

Banking, power, real estate earnings lift Ayala profit in spite of one-off charge

Ayala Corp., the diversified conglomerate of the Ayala Group, reported Friday a first half net income of P18.41 billion, a 13 percent year-on-year gain...

DoubleDragon preparing CentralHub unit for IPO as industrial REIT

DoubleDragon Corp., the listed property developer partly owned by billionaire Edgar “Injap” Sia, is building up the portfolio of unit CentralHub—landlord of various warehouse...

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