Discount store chain ramps up expansion amid losses
RETAILER OSave Trading Philippines Corp., which operates the discount retail chain O!Save, sees achieving profitability in seven to 10 years as it ramps up...
Security Bank hikes bond sale to P20B
Security Bank Corp. said it has upped its bond sale to P20 billion from the original P5 billion due to strong market interest.
The five-year...
Ayala Land in talks with other groups for sale of AirSwift
Ayala Land Inc. is in talks with potential investors for the sale of AirSwift.
Mariana Zobel de Ayala , Ayala Land head of leasing and...
Fil-Estate Management sells 2% stake in Metro Global to HK firm
Metro Global Holdings Corp. said its mother company Fil-Estate Management Inc. sold 2 percent of its stake in the company to Hong Kong-based Smart...
RFM profit rises 17% in H1
RFM Corp. grew its profit in the first six months of the year by 17 percent to P650 million from P555.55 million previously.
Sales rose...
BPOs, corporates to pick up POGO spaces
Business process outsourcing (BPOs) and traditional corporates will pick up the office spaces to be vacated by Philippine offshore gaming operations (POGO), according to property...
MICT’s new cranes now fully operational
International Container Terminal Services Inc. (ICTSI) flagship Manila International Container Terminal (MICT) has completed the commissioning of its three new quay cranes.
“The acquisition of...
Wilcon profit falls 17%
Wilcon Depot Inc. said profit in the first half of the year dropped 16.9 percent to P1.51 billion from P1.82 billion in the same...
PH1 World taps P500M loan for Northscapes
Megawide Construction Corp. said its realty arm PH1 World Developers (PH1WD) has tapped a P500 million loan from the Bank of the Philippine Islands...
Robinsons Retail profit surges 278%
Robinsons Retail Holdings Inc. said profit in the first half of the year reached P6.8 billion, up 278.1 percent from the prior year’s P1.8...
