Tag: Puregold

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Cosco Capital posts 9.3% profit growth in 1H

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Cosco Capital, Inc., the listed retail holding company of businessman Lucio L. Co, reported a 9.3 percent increase in its consolidated net income to P7.6 billion for the first half of 2025, up from P6.97 billion during the same period last year.

Puregold wins big, eyes younger shoppers

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Puregold Price Club Inc., the Philippines' top grocery retailer, kicked off June with two major wins at the 2025 Retail Asia Awards: Hypermarket of the Year and Integrated Campaign of the Year, both for the Philippines.

Cosco declares P2.79B cash dividends

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Cosco Capital Inc., the listed retail holding firm of billionaire Lucio Co, announced on Monday the declaration of regular and special cash dividends totaling P2.79 billion, following a strong earnings performance in 2024.

Puregold posts 21% growth in net profit; declares P5.2B dividend

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Puregold Price Club Inc., a listed operator of various retail and wholesale formats, reported a 21 percent increase in consolidated net income to P10.4 billion in 2024, up from P8.6 billion in 2023, driven by strong revenue growth and improved gross margins at its S&R Warehouse business.

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Barrio Fiesta boosts output with P600M Bulacan plant

Trade & Investments 0
Prime Global Corp. has expanded its manufacturing footprint with the opening of a P600-million Barrio Fiesta production facility in San Jose del Monte, Bulacan, a move that triples capacity as the company positions itself to meet rising demand at home and overseas.

Philippine brands, GI products shine at WIPO showcase

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The Philippines is using this year's World Intellectual Property Organization (WIPO) General Assembly in Geneva to promote its globally recognized brands, geographical indication (GI) products and cultural heritage, underscoring how intellectual property can drive tourism, strengthen local enterprises and create new economic opportunities.

Green Lane accelerates P351-billion clean energy investments

Energy & Mining 0
The government's Green Lane initiative is rapidly becoming the backbone of the Philippines' clean energy investment drive, with renewable energy projects accounting for virtually all of the P351.02 billion in strategic investments approved in the first half of 2026.

Prosecution drops 2 impeachment witnesses

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The House prosecution has dropped Vice President Sara Duterte's chief of staff, Zuleika Lopez, and security official Belinda Bello as witnesses in the impeachment trial. Prosecutor Lorna Kapunan said Tuesday their testimony under Article IV had become unnecessary, redundant or merely corroborative following evidence presented by two National Bureau of Investigation officials. Lopez was expected to authenticate a video of Duterte's Nov. 23, 2024 online press conference, but Kapunan said the defense had already acknowledged the event and used the same recording. Bello's testimony would have merely corroborated a detention-facility transfer order involving Lopez, Kapunan said. Senator-judges welcomed the move that helps in shortening the trial period.

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