Corporate Business
Corporate Business
Ayala profit falls 17%
AYALA Corp. posted profits of P6.7 billion in the first quarter, down 17 percent from P5.72 billion last year, as the coronavirus disease (COVID-19)...
Corporate Business
Aboitiz still keen on airport projects
THE Aboitiz Group’s infrastructure unit, Aboitiz InfraCapital Inc., is ready to resume discussions with the government for its unsolicited airport projects — the Bohol-Panglao...
Corporate Business
Lockdown cuts RFM net by 4%
RFM Corp. reported a profit of P212 million in the first quarter of the year, down 4 percent from last year’s P220.83 million.
Sales grew...
Corporate Business
PCC reiterates cement deal failed to address competition issues
THE Philippine Competition Commission (PCC) yesterday said it is yet to receive formal notice from San Miguel Corp. (SMC) subsidiary First Stronghold Cement Industries Inc....
Corporate Business
Megaworld slashes capex, profit seen diving 30-50%
MEGAWORLD Corp. is slashing its capital spending for the year to P36 billion from P60 billion as earlier planned.
Market sources told Malaya Business Insight...
