Corporate
Ayala prices preferred share re-issue at P2,500 apiece
Ayala Corp. has priced some 4 million class A preferred shares at P2,500 apiece under a reissuance exercise seen raising at least P20 billion...
Higher tax take bites off PLDT 1Q net income, revenue up 5%
PLDT Inc., the country’s largest telecommunications group, said Wednesday that first-quarter net income was flat at P9.02 billion from P9.08 billion in the year-earlier...
Asset base expansion, higher net interest income lift China Bank 1Q earnings
China Banking Corp., the country’s fifth largest lender by assets, said Wednesday net income in the first quarter rose 3 percent to P5 billion,...
AllDAy Marts net income weighed down in 2022 by higher expense, tax changes
AllDay Marts Inc., a listed mid-premium supermarket owned by the Villar Group, reported a 22 percent drop to P301.8 million in net income last...
NOW teams up with LEO satellite firm OneWeb for high-speed, low-latency internet service
NOW Corp., a Philippine Stock Exchange-listed company with investments in telecom, media, and technology, has signed a deal with OneWeb Network Access Associates Ltd....
