Metro Retail books loss in 2020
Listed Metro Retail Sales Group Inc. (MRSGI) incurred a net loss of P449.6 million last year as the pandemic slumped its full-year net sales by 15 percent to P31.3 billion … Read More
Udenna gets hold of Malampaya stake
The Department of Energy has approved the divestment of Chevron Malampaya LLC’s (now UC38 LLC) 45-percent share in the Malampaya gas field project to UC Malampaya Pte. Ltd. “Together with our … Read More
Mobile hospital to rise in Rizal Park
A temporary mobile hospital and drive-through vaccination site will soon rise in Rizal Park after the Department of Tourism (DoT) gave its nod to the project. GAME PLAN Sen. Christopher … Read More
Finland sees investment opportunities in PH
Finland has expressed its interest in expanding its economic cooperation with the Philippines, according to the Department of Finance (DoF). In a statement on Wednesday, the DoF said during a … Read More
Jabs go full blast
Vaccination in Visayas, Mindanao gathers pace The government’s vaccination program is seen to pick up as more vaccines are distributed especially in the Visayas and Mindanao, where the resupply of … Read More
PSEi gains 1% to rally back to 6,500
Last-minute buying enabled the local bourse to snap its losing streak and rebounded a few points above the 6,500 territory on Wednesday. The bellwether Philippine Stock Exchange index (PSEi) climbed … Read More
DBM releases P3.51T of budget for 2021
The Department of Budget and Management (DBM) has released P3.51 trillion of the 2021 budget in the first quarter, data showed on Wednesday. Data from the Budget department showed that … Read More
The amazing coconut
LOUIS HANSEL/UNSPLASH PERHAPS it’s because they’re everywhere that they have become easy to ignore — yet coconut trees are an important part of Philippine foodways. A talk on the Filipino … Read More
Altus income dips 66% as lockdown leads to mall closures
ALTUSPROPERTYVENTURES.COM.PH ALTUS Property Ventures, Inc.’s net income last year declined by 66% to P21.95 million as its revenues were hit when the pandemic health protocols led to mall closures, the … Read More
AyalaLand Logistics acquires cold storage facility Technofreeze
FACEBOOK.COM/INLANDCORPORATION AYALALAND Logistics Holdings, Corp. has acquired Technofreeze, Inc., a cold storage facility located in Laguna Technopark, the listed holding firm disclosed to the stock exchange on Wednesday. “Technofreeze is … Read More