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Metro Retail Earns PHP618 Million in 2023; Continues Initiatives for Growth

For the full year 2023, Metro Retail Stores Group, Inc. (MRSGI) reported an aggregate net income of PhP618.0 million vs PhP917.3 million in 2022, a slippage of 32.6%. In terms of core net income which excludes one-time gains such as accounting adjustment on leases and insurance claims in 2022, the Company’s earnings were down only […].....»»

Category: newsSource: metrocebu metrocebuApr 25th, 2024

Metro Retail opens new distribution center in Luzon

Metro Retail Stores Group Inc. fortified its growth initiative in Luzon with the inauguration of its new distribution center in Santa Rosa, Laguna......»»

Category: financeSource:  philstarRelated NewsApr 5th, 2024

NCR retail price growth steady in December – PSA

Retail prices of goods in Metro Ma- nila snapped a three-month downtrend as it maintained its pace of growth in December from the previous month, according to the Philippine Statistics Authority......»»

Category: financeSource:  philstarRelated NewsJan 24th, 2024

NCR construction materials price growth eases in 2023

Retail price growth of construction materials in Metro Manila eased in 2023 from the previous year as all commodity groups posted slower increases, according to the Philippine Statistics Authority......»»

Category: financeSource:  philstarRelated NewsJan 16th, 2024

Cebu-based Metro retail posts P618 million net income in 2023

Cebu-based Metro retail posts P618 million net income in 2023.....»»

Category: newsSource:  sunstarRelated NewsApr 18th, 2024

CitySavings Named One of the 2024 Philippines’ Growth Champions

City Savings Bank (CitySavings) continues to cement its position to become the leading mass market bank in the country with its inclusion as one of the 2024 Philippines’ Growth Champions.  The Philippine Daily Inquirer released the report with international market research firm Statista. This year’s Philippines’ Growth Champions are companies with remarkable growth and resilience […].....»»

Category: newsSource:  metrocebuRelated NewsMar 8th, 2024

Metro Retail, Canadian gov’t partner to promote Canadian products in PH

Metro Retail, Canadian gov’t partner to promote Canadian products in PH.....»»

Category: newsSource:  sunstarRelated NewsFeb 15th, 2024

NCR retail prices rise at slowest pace in nearly 2 years

Retail prices of goods in Metro Manila in January posted its lowest growth rate in nearly two years due mainly to slower food price hikes, according to the Philippine Statistics Authority......»»

Category: financeSource:  philstarRelated NewsFeb 24th, 2024

Indian banking sector continues to improve with better asset quality, high credit growth: Survey

New Delhi [India], March 21 (ANI): The health of the Indian banking sector continues to improve with better asset quality and high credit growth, a survey conducted by industry body FICCI and banking association Indian Banks' Association (IBA) showed. The eighteenth round of the survey was carried out for the period July to December 2023. Those banks that were surveyed together represent about 77 per cent of the banking i.....»»

Category: newsSource:  manilanewsRelated NewsMar 21st, 2024

Japan: Yokohama aims for tourism boost, sustainability with Smart City initiatives

Tokyo [Japan], February 8 (ANI): Nestled in the heart of Japan, Yokohama stands as a coveted tourist destination, captivating visitors with its allure. With a vision for sustainable growth, the city now aims to enhance its charm and appeal by embracing smart initiatives, fostering a more sustainable and intelligent urban experience. To realise this vision, Yokohama City organised the Y-Ship global event in December last y.....»»

Category: sportsSource:  abscbnRelated NewsFeb 9th, 2024

Japan: Yokohama aims for tourism boost, sustainability with Smart City initiatives

Tokyo [Japan], February 8 (ANI): Nestled in the heart of Japan, Yokohama stands as a coveted tourist destination, captivating visitors with its allure. With a vision for sustainable growth, the city now aims to enhance its charm and appeal by embracing smart initiatives, fostering a more sustainable and intelligent urban experience. To realise this vision, Yokohama City organised the Y-Ship global event in December last y.....»»

Category: newsSource:  manilanewsRelated NewsFeb 8th, 2024

Dominion Holdings earns P277.3M, sets P1.50 in cash dividends

Dominion Holdings earns P277.3M, sets P1.50 in cash dividends.....»»

Category: newsSource:  sunstarRelated NewsApr 18th, 2024

Gaballo KOs Pharob, earns world title shot

Gaballo KOs Pharob, earns world title shot.....»»

Category: newsSource:  sunstarRelated NewsFeb 14th, 2024

Pork SRP sought amid high retail prices

A suggested retail price on pork should be imposed amid high retail prices resulting from tight local supply caused by the African swine fever outbreak in the country, according to the Pork Producers Federation of the Philippines......»»

Category: newsSource:  philstarRelated NewsFeb 6th, 2024

MVP Group dominates 20th Philippine Quill Awards

It was a triumphant night for the MVP Group of Companies, encompassing leading entities such as Light Rail Manila Corp., Manila Electric Co., Maynilad Water Services Inc., PLDT, Smart Communications Inc., Makati Medical Center, Maya, Metro Pacific Dumaguete Water Services Inc., Metro Pacific Tollways South Management Corp., Metro Pacific Investments Corp., Meralco – One Meralco Foundation and Metro Pacific Investments Foundation, as its member companies secured a staggering total of 87 awards at the 20th Philippine Quill Awards, organized by the International Association of Business Communicators......»»

Category: financeSource:  philstarRelated NewsFeb 3rd, 2024

Robinsons Retail core earnings slightly up in 2023

Core earnings of Gokongwei-owned Robinsons Retail Holdings Inc. increased by 0.6 percent to P5.59 billion in 2023......»»

Category: financeSource:  philstarRelated NewsFeb 2nd, 2024

AllDay Supermarket earns 22% more in 2023

Strong revenues boosted earnings of Villar-led mid-premium supermarket chain AllDay Supermarket to rise by 22.4 percent to P369 million in 2023......»»

Category: financeSource:  philstarRelated NewsMay 1st, 2024

High pork retail prices hit

The farmgate price of pork remains low at P200 per kilo, but its retail price has reached as high as P420 per kilo in Metro Manila markets, according to a hog raisers’ group......»»

Category: newsSource:  philstarRelated NewsFeb 1st, 2024

DigiPlus allots P100 million for corporate outreach

Listed retail gaming provider DigiPlus Interactive Corp. is raising five-fold its planned spending on various projects and initiatives that provide support to important causes through the BingoPlus Foundation......»»

Category: financeSource:  philstarRelated NewsMar 5th, 2024

Metro Pacific charts stronger growth path

Conglomerate Metro Pacific Investments Corp. is charting a stronger growth path on its first year back as a private company following its delisting from the stock market late last year......»»

Category: financeSource:  philstarRelated NewsFeb 27th, 2024

UnionBank to scale up retail business this year

Union Bank of the Philippines is further growing its retail business and enhancing its profitability this year, along with unlocking the full potential of the acquired consumer segment of Citi and maintaining the growth of its digital bank......»»

Category: financeSource:  philstarRelated NewsApr 28th, 2024