Corporate
Metro Retail Store still have funds left for shares buyback
Metro Retail Stores Group Inc., a listed company that owns and operates supermarkets and department stores, said Tuesday it already spent P212.4 million of...
Cemex Holdings suffers P1B net loss in 2022 on weak cement demand, FX losses
Listed cement manufacturer Cemex Holdings Philippines Inc. said Tuesday it suffered a P1-billion net loss in 2022, with higher cement prices not enough to offset the decline in sales volume, higher fuel cost, and foreign exchange losses.
Challenging 2022 economic landscape pushed SCG Philippines profits south
SCG Philippines, which locally markets its cement and building materials directly from facilities in Thailand, has reported continued profitable if significantly eroded operations in...
Apex Mining completes acquisition of Asia Alliance
Apex Mining Co. said it completed Friday the full takeover of Asia Alliance Mining Resources Corp., a company that recently won the mining and...
Globe expects mid-single digit service revenue growth for 2023
Globe Telecom Inc., the telecommunications arm of the Ayala Group and owner of the country’s biggest payment system app GCash, said Thursday it expects service revenue growth at “mid-single digit” in 2023.
