Corporate
Shell Pilipinas income rise mainly on lower tax provision
Shell Pilipinas Corp., a listed oil distributor, posted audited net income of P4.06 billion in 2022, up 5.7 percent from P3.86 billion recorded in...
Meralco moving deeper into the renewable energy space
The Manila Electric Co. (Meralco) is moving deeper into the renewable energy space with its participation not just in owning and operating electric vehicles,...
MPIC to invest in SPNEC
Metro Pacific Investments Corp. (MPIC) has entered into a definitive agreement to invest P2 billion to acquire 1.6 billion common shares of SP New...
American firm to invest P4.35B in Clark EV assembly plant
American firm Envirotech Vehicles Inc. is spending up to $80 million (P4.35 billion) in a planned electric vehicle (EV) assembly plant in Clark, Pampanga.
Puregold net income rises 13% on strong sari-sari store base
Puregold Price Club Inc., the grocery chain operator led by businessman Lucio Co, on Tuesday reported net income in 2022 growing 13 percent to P9.3 billion from previous year’s P8.18 billion, mainly on higher sales from its growing chain.
