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MacroAsia FY23 profit: P1.1-B (up 132%)
MacroAsia posted an FY23 net income of P1.07 billion, up 132% from its FY22 net income of P0.46 billion, lifted by a 74% increase in in-flight catering revenues to P3.98 billion and a 53% increase in ground handling and aviation services to P3.14 billion......»»
MacroAsia FY23 profit: P1.1-B (up 132%)
MacroAsia posted an FY23 net income of P1.07 billion, up 132% from its FY22 net income of P0.46 billion, lifted by a 74% increase in in-flight catering revenues to P3.98 billion and a 53% increase in ground handling and aviation services to P3.14 billion......»»
Cebu Landmasters FY23 profit: P4.6-B (up 29%)
Cebu Landmasters [CLI 2.85 unch] [link] teased its FY23 performance at an analyst briefing where it revealed full-year net income of P4.6 billion (up 29%) and total revenues of P18.8 billion (up 20%)......»»
Metrobank profit rises by 14 percent to P12 billion in Q1
Earnings of Metropolitan Bank & Trust Co. went up by 14 percent to P12.1 billion in the first quarter from P10.6 billion in the same quarter last year, largely due to the consistent growth of its lending portfolio, better operational efficiencies as well as stable asset quality......»»
Cristine umaming nagtampo kay Lord; ibinalik ni Marco ang kanyang faith
MAS gusto sana ni Cristine Reyes na non-showbiz ang maging next boyfriend after nilang maghiwalay ng dating asawang actor-model na si Ali Khatibi. Pero hindi nga ito nangyari dahil na-in love na siya sa hunk actor na si Marco Gumabao na matagal na niyang kaibigan at ilang beses na rin niyang nakatrabaho. Inilarawan pa ng.....»»
Philippines bows down to Iraq in FIFA Qualifiers
CEBU CITY, Philippines — Mohanad Ali scored a late goal for Iraq that sent the Philippines to the bottom of Group F in the FIFA World Cup 2026 and AFC Asian Cup Qualifiers on Friday, March 21 (March 22, Manila Time) at the Basra International Stadium in Iraq. With the defeat, the Philippines’ chances to.....»»
ALI merging 34 subsidiaries for operational synergies
Property giant Ayala Land Inc. is merging almost three dozen subsidiaries to simplify ownership structure......»»
SteelAsia to recycle rebars for ALI, MDC
Ayala Land Inc. SteelAsia Manufacturing and Makati Development Corp. have signed a memorandum of understanding for a groundbreaking collaboration advancing circular economy and decarbonization methods in the construction industry......»»
ALI spending P100 billion for projects this year
Ayala Land Inc, the listed property giant of the Ayala Group, is ramping up its investments this year with capital spending returning to pre-pandemic level......»»
ALI to raise P50 billion in debt capital
Property giant Ayala Land Inc. is raising up to P50 billion in debt capital this year to refinance maturing obligations and partially fund general corporate requirements......»»
GSMI income shrinks sans one-time gain
Earnings of Ginebra San Miguel Inc., the hard liquor unit of San Miguel Corp., declined in the first quarter despite higher revenues on the absence of a one-time gain......»»
Figaro posts rise in quarterly earnings
Figaro Coffee Group Inc. (FCG) sustained its momentum in the third quarter of its current fiscal year, delivering a five percent rise in net income to P105 million on the back of higher revenues......»»
China Bank nets record P22 billion
Higher core business revenues boosted the net income of Sy-led China Banking Corp. by 15 percent to hit an all-time high of P22 billion in 2023......»»
Philippine inflation rises to 3.4 pct in February
MANILA, March 5 (Xinhua) -- Year-on-year inflation in the Philippines rose to 3.4 percent in February from 2.8 percent in January, the first uptrend after a downtrend for four straight months, the Philippine Statistics Authority (PSA) said on Tuesday. The uptrend in the overall inflation in February was primarily influenced by the higher year-on-year increase in the heavily-weighted food and non-alcoholic bevera.....»»
Megawide unit to build mid-rise condo in Imus
Megawide Construction Corp.’s real estate arm PH1 World Developers Inc. is supporting the government’s housing program with the development of a mid-rise condominium project in Imus, Cavite......»»
Chemical Industries board votes to merge subsidiaries to focus on real estate
Chemical Industries of the Philippines said that its board voted to exclude the Unioil Group from the merger of its subsidiaries......»»
Megawide’s PH1 investing P5.5 billion for Pasig condo
PH1 World Developers Inc., the real estate arm of engineering company Megawide Construction Corp., is expected to pour in about P5.5 billion for the initial phase of its new residential development in Pasig City......»»
Government eyes land owned by Chinese drug lords
The government is open to going after billions of pesos worth of privately owned lands acquired by alleged Chinese drug dealers, who reportedly went on a buying spree of real estate properties possibly in hopes of penetrating the country amid the maritime dispute with China......»»
US lends $20 million for housing project
The US government, through its development finance institution, is providing a $20 million loan to real estate investment company Lhoopa Inc. to support an affordable housing project in the Philippines......»»
Eton gears up for expansion
Eton Properties Philippines Inc., the real estate unit of the Lucio Tan Group, is gearing up for expansion to sustain growth in the coming years......»»