METRORETAIL.COM.PHLISTED retailer Metro Retail Stores Group, Inc. reported a 1.4% decline in net income to P609.42 million in 2024, attributed to expansion-related non-cash charges. “Due to non-cash charges driven by the company’s ongoing expansion program, net income for 2024 was flattish at P609.42 million compared to
Golden MV secures SEC nod to rebrand as Villar Land Holdings - BusinessWorld Online MANUEL B. VILLAR, JR.Listed real estate developer Golden MV Holdings, Inc. has
TANTOCO-led specialty retailer SSI Group, Inc. posted a 2.7% decline in its net income for 2024 to P2.51 billion from P2.58 billion in 2023 despite a strong fourth quarter. Revenue increased by 8.2% to P29.9 billion, SSI said in a regulatory filing late Tuesday. “Our fiscal year
AboitizPower disconnects Cebu power plants from the grid - BusinessWorld Online Two fossil fuel power plants in Cebu, operated by a subsidiary of Aboitiz Power Corp.,
ACMobility subsidiary BYD Cars Philippines is planning to increase its dealership network to 77 by yearend. “We are excited to see the continued growth of BYD in the Philippines as it expands its presence across the nation,” said Bob Anthony Y. Palanca, managing director at BYD
CLI eyes P23 billion in reservation sales - BusinessWorld Online THE East Village is the first residential project of Cebu Landmasters, Inc. within the Davao Global
MERALCO.COM.PHManila Electric Co. (Meralco) said the delay in the full delivery of the Batangas natural gas plant under its power supply agreement (PSA) with Energy Excellence Resources, Inc (EERI) has nothing to do with the high prices in the Wholesale Electricity Spot Market (WESM). “The obvious
UK inflation fell more sharply than expected in March, reaching its lowest level in five months as falling petrol prices and flat food costs helped to ease the pressure on consumers and policymakers. Figures published by the Office for National Statistics (ONS) show that the annual
CDC-UNSPLASHRevenue Commissioner Romeo D. Lumagui said vape collections can help the bureau hit its excise tax goals this year. In 2025, the Bureau of Internal Revenue (BIR) has an P343.10 billion excise tax target, 12.76% higher than the recorded collection in 2024. “That’s what we are expecting
BW FILE PHOTOThe German-Philippine Chamber of Commerce and Industry (GPCCI) said it is bringing a German delegation of medical technology (medtech) firms to the Philippines next month. “Building on the momentum of 2024, the chamber will launch several high-impact initiatives in 2025,” GPCCI said in a
Shipping company ordered to respond to overbooking claim - BusinessWorld Online MONTENEGROLINES.COM.PHTransport regulators ordered Montenegro Shipping Lines, Inc. to respond to allegations that it overbooked a ship
By Chloe Mari A. Hufana, Reporter President Ferdinand R. Marcos, Jr.’s public approval rating fell to a record in March, according to the latest Pulse Asia Research, Inc. poll, days after his government enforced the arrest of former President Rodrigo R. Duterte and sent him on