Corporate
BDO 9-month net profit soars35% on loan, deposit growth
BDO Unibank Inc., the Philippines’ largest lender by assets, said net income in the nine months through September surged 35 percent year-on-year to P53.9...
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).
