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‘COMPANIES’ Archives
2 firms charged for non-remittance of Pag-IBIG fund contributions
THE Office of the City Prosecutor of Cagayan de Oro and Malaybalay recently executed two separate resolutions in favor of Pag-IBIG Fund in the criminal charges filed against PT Agricultural Resources, Inc and United Valiant Group Services, Inc. for their failure to collect and remit the mandatory contributions due to their employees as well as the [...]
Villar’s Vista Land now PHL’s largest home builder
VISTA Land & Lifescapes Inc. is the Philippines’ biggest property developer in terms of reservation sales, based on a report by Colliers International Philippines Inc. (more...)
SMC open to delisting Brewery, property units
CONGLOMERATE San Miguel Corp. (SMC) is open to voluntarily delisting subsidiary San Miguel Brewery Inc. (SMB) should it fail to agree with Japanese partner Kirin Holdings on how to widen the beer maker’s public ownership base and meet the requirements of the Philippine Stock Exchange. (more...)
MOAs ink for Hedcor’s hydro project in Bukidnon
KITAOTAO, BUKIDNON – Represented by barangay councils of Barangay Kipilas and Barangay Sinuda, Engr. Gregorio Jabonillo, Hedcor vice president for Business Development signed the memorandum of agreement (MOA) for the proposed run-of-river Sita-Simod Hydroelectric Power Project last April 30 and May 7 respectively. (more...)
PDIC reviews BDO proposal to rehabilitate Export Bank
BDO Unibank on Wednesday said it submitted a proposal to rehabilitate the recently shuttered Export & Industry Bank, which is currently under receivership. (more...)
Aboitiz Equity profit up in Q1 on higher power, banking gains
ABOITIZ EQUITY Ventures, Inc. reported a 27% jump in its income for the first quarter over yearago levels as its core power business pulled off higher electricity sales while its banking arm enjoyed a profit surge on trading gains. (more...)
Globe records decline in first-quarter net income
GLOBE TELECOM, Inc.’s core net income fell by 7% to P2.74 billion in the first quarter from year-ago levels due to higher expenses, mirroring a similar drop recorded by its rival. (more...)
Holcim cement reports flat 1Q earnings
SWISS cement maker Holcim Philippines Inc. said it ended the first quarter with flat earnings despite higher sales and two rounds of price increases. (more...)
GMA to put up Butuan station
BROADCASTER GMA Network, Inc. is seeking a permit to put up a television station in Butuan City, documents from the National Telecommunications Commission (NTC) showed. (more...)
Least cost solutions to Mindanao blackouts
(1st of a series) Hello there, Mr. Chanco, Aboitiz people, and DOE officers. Thank you, Mr. Chanco, for giving greater publicity to my post about the Mindanao blackouts. I hope you continue to give some of your space to the three other posts that I made in response to the issues brought up by Sec. Almendras in his letter to me on April 4, [...]
