CBKPOWER.COMSTATE-RUN Power Sector Assets and Liabilities Management Corp. (PSALM) said it is optimistic about bringing down its outstanding obligations to nearly zero before the end of its extended corporate life.“I am optimistic that we will be able to reduce the obligations in PSALM to close
PHILIPPINE STAR/IRRA LISINGBDO UNIBANK, Inc. saw its net profit grow by 6.09% year on year in the third quarter on the sustained expansion of its core businesses.BDO’s attributable net income rose to P22.47 billion in the three months through September, up from P21.18 billion in
MERALCO.COM.PHPANGILINAN-LED MANILA Electric Co. (Meralco) reported a 14% increase in its consolidated core net income to P40.02 billion for the first nine months, driven by revenue growth and stronger results from its distribution utility segment despite flat energy sales.“Based on the growth of our power
BW FILE PHOTOTHE GOVERNMENT hiked its award of the Treasury bills (T-bills) it offered on Monday as yields dropped across all tenors on expectations of a rate cut by the US Federal Reserve this week, as well as further monetary easing at home.The Bureau of
STOCK PHOTO | Image from FreepikThe Philippines is one of the most attractive markets for solar energy, blessed with abundant sunlight year-round to make solar installations highly productive. For business owners, this natural advantage — combined with improved solar technology and supportive government policies —
GCash says systems secure as privacy commission probes alleged data leak - BusinessWorld Online PHILSTAR FILE PHOTOELECTRONIC WALLET platform GCash said its systems remain secure following
PHILIPPINE STAR/WALTER BOLLOZOSTHE PESO plunged against the dollar on Monday to log its weakest close so far this year following signals of further easing from a Monetary Board member to help cushion the Philippine economy from the impact of a widening graft scandal on growth
1 of 14SB19 wins big at first Filipino Music AwardsP-POP boy group SB19 took home the most trophies at the inaugural Filipino Music Awards. Their six wins include Artist of the Year, People’s Choice Award, Pop Song of the Year, and People’s Song Choice Award
CONCEPCION.PHCONCEPCION Industrial Corp. (CIC) reported a 24.74% decline in its third-quarter attributable net income to P107.2 million, as rising costs and external headwinds weighed on profitability despite higher revenues.Gross revenues for the quarter rose by 2.36% to P3.88 billion from P3.79 billion a year earlier,
PNB books higher net income as revenues increase - BusinessWorld Online BW FILE PHOTOPHILIPPINE National Bank (PNB) saw its net income rise by 25.79% to P6
Workers are seen mixing cement at a construction site in Quezon City, May 19, 2020. — PHILIPPINE STAR/ MICHAEL VARCAS By Beatriz Marie D. Cruz, ReporterLONG-DELAYED infrastructure projects in the Philippines could gain momentum with the passage of the Accelerated and Reformed Right-of-Way (ARROW) Act, according
Big events were happening in Kuala Lumpur at the ASEAN Summit, which opened on Oct. 26 and ends today, the 28th. Last Sunday saw the 47th ASEAN Summit and President Ferdinand R. Marcos, Jr. attended. Then came the ASEAN-US Summit with US President Donald Trump,