Corporate

Monde Nissin Corp., manufacturer of the Philippines’ market leading Lucky Me! instant noodles, on Monday projected its core net income growing “by mid-teens” in 2023 as sales likely rose in the “high single-digit” on the back of strong growth in the Asia-Pacific branded food and beverage business, offsetting the decline in meat alternative gross margin.

The Philippine Competition Commission (PCC) has approved the sale of Sky Cable Corp.'s broadband business and related assets to PLDT Inc.

The Bureau of Customs (BOC) has laid down the steps for the registration of exporters who have not yet enrolled in the bureau’s electronic certificate of origin (e-CO) processing platform. 

PLDT Inc., the largest integrated telecommunications company in the country, said Friday its capital expenditure this year will be lower compared to last year’s budget of between P80 billion and P85 billion.

Citicore Renewable Energy Corp. (CREC) is prepared to spend at least P35 billion this year to push further the development of previously identifed renewable energy (RE) projects.