Tag: China Banking Corp.

AyalaLand Logistics Holdings Corp. (ALLHC) sharply improved its earnings in the third quarter, with net income of P62 million helping narrow its nine-month profit decline to 9 percent as industrial lot sales gained traction and cold storage operations expanded.

PLDT Inc. says the sliding Philippine peso is driving up costs for its information and communications technology projects, especially those that rely heavily on imported gear and materials.

The Philippine Ports Authority (PPA) has finished development and improvement works at the Port of Plaridel in Misamis Occidental, boosting maritime connectivity between Northwestern Mindanao and key Visayas destinations such as Siquijor, Bohol, and Cebu.

The National Food Authority (NFA) has significantly increased the price it pays for palay and more than doubled the volume it can buy from individual farmers, a key policy move meant to lift farm earnings and build up government rice reserves as the country faces potential weather challenges from El Niño.