LISTED fiber internet provider Converge ICT Solutions, Inc. saw its attributable net income for the third quarter (Q3) increase by 40.4% to P2.92 billion, driven by higher revenues. For the July-to-September period, Converge’s gross revenues grew by 17.2% to P10.42 billion from P8.89 billion a year
LUCIO C. TAN-LED conglomerate LT Group, Inc. recorded a 12.5% increase in its third-quarter attributable net income to P7.03 billion from P6.25 billion last year, led by its banking and liquor segments. Third-quarter revenue improved by 12.2% to P34.03 billion from P30.33 billion last year, LT
NICKELASIA.COMNICKEL ASIA Corp. saw its third-quarter attributable net income drop by 24.2% to P1.44 billion from P1.9 billion a year ago due to lower sales.Revenues fell by 8.01% year on year to P7.69 billion from P8.36 billion due to the lower sale of nickel ore
Ayala Corp. President and Chief Executive Officer Cezar P. Consing — GLOBE.COM.PHAYALA Corp. is banking on its new business units for sustainability and growth, as its nine-month net income has been supported by its core businesses, according to its president.“We continue to manage our younger
THE National Privacy Commission (NPC) has issued a call to individuals who may have been affected by unauthorized transactions on the GCash platform. “We urge individuals who may have been affected by this incident to reach out to the NPC through info@privacy.gov.ph and provide relevant information
DMWAI.COMD.M. Wenceslao & Associates, Inc. (DMW) saw a 31.1% increase in its third-quarter attributable net income to P449.98 million from P343.22 million a year ago, driven by higher rental revenue.Third-quarter revenue improved by 12.7% to P897.72 million from P796.59 million last year, DMW said in
PHILSTAR FILE PHOTOTHE NEW NAIA Infra Corp. (NNIC) announced plans to post its monthly performance report to enhance transparency.The report will contain detailed operational metrics and “clearly attribute the root causes of any flight and baggage delays to the responsible stakeholders,” the company said in
LENOVO PHILIPPINES on Wednesday launched its latest artificial intelligence (AI)-powered Yoga and IdeaPad laptops that aim to boost user productivity while catering to different lifestyles.“Lenovo is excited to introduce our latest lineup of AI-powered devices to the Philippine market, designed to elevate productivity, creativity, and
SMSUPERMALLS.COMSY-LED conglomerate SM Investments Corp. (SMIC) anticipates better financial performance as easing inflation could boost consumer spending, its president said.“With inflation easing, we remain positive. An improving macroeconomic environment should help both our businesses and consumers moving forward,” SMIC President and Chief Executive Officer Frederic
BW FILE PHOTOYIELDS on the Bangko Sentral ng Pilipinas’ (BSP) term deposits went down on Wednesday after the US Federal Reserve delivered another rate cut last week.The BSP’s term deposit facility (TDF) attracted bids amounting to P291.099 billion on Wednesday, higher than the P230 billion
About 30 years ago, I recall an initiative by the private sector to study the potential of real property taxes and how an overhaul of the present system of valuing and taxing land nationally and locally can result in higher revenues even while lowering rates