Manila Water earns nearly P6B
MANILA Water Co., Inc. recorded a P5.92-billion net income in 2022, 61.3% higher than the P3.67 billion recorded a year earlier, the company announced on Tuesday. In a regulatory filing, the east zone water concessionaire reported a 7% increase in revenues
Imao sculpture honoring business restored, relocated
1 of 2 FOR many years, the brass sculpture stood at the bank’s entrance facing De la Costa Street in Makati City. While protected by a roof, the sculpture was unnoticed and unappreciated as passersby went about their day at the
Alternergy secures P1-B loan for solar power project
PHILSTAR ALTERNERGY Holdings Corp. has secured P1-billion funding for its 28-megawatt direct current Solana solar power project in Hermosa, Bataan via a loan from Rizal Commercial Banking Corp. (RCBC). In a statement, the renewable energy company said it signed another term sheet
Salcedo Auctions mounts inaugural March edition of ‘The Well-Appointed Life’ auction
1 of 2 SALCEDO Auctions will be holding its “The Well-Appointed Life” auction twice a year now. Its inaugural March edition will be held both onsite and online on March 18. The second auction will be in September. The March auction
Globe Group banners pivot from telco to techco at Mobile World Congress in Barcelona, CEO Cu leads delegation
The Globe Group, the Philippines’ leading digital solutions platform, will spotlight its shift from telco to techco at the Mobile World Congress (MWC) this month, led by its visionary President and CEO Ernest Cu. Hosted by GSMA, a global organization unifying
AyalaLand Logistics posts 29% profit increase to P1B
AYALALAND Logistics Holding Corp. (ALLHC) reported a 29% increase in net income to P1.01 billion in 2022 as the economic reopening supported its business growth. “The country’s continued economic recovery in 2022 enabled ALLHC to sustain its growth momentum. Our business
Arts&Culture (03/01/23)
1 of 8 Lea Salonga joins Broadway’s Here Lies Love cast LEA SALONGA will be joining the cast and producing team of the Broadway production of the musical Here Lies Love. The disco pop stage musical by David Byrne and Fatboy Slim
Philippine Ports Authority sets P21.6-B revenue target
THE Philippine Ports Authority (PPA) has set a revenue target of P21.6 billion for 2023 after achieving a record-high topline last year at P20.4 billion amid the lifting of pandemic restrictions. PPA General Manager Jay Daniel R. Santiago said the agency’s
Penguin Random House drops Scott Adams’ book after racist rant
PORTFOLIO, the business imprint of the world’s largest book publisher Penguin Random House, will not publish Scott Adams’ book Reframe Your Brain, the Wall Street Journal reported on Monday, days after a racist rant by the Dilbert cartoon creator. The publisher
Gov’t makes full award of Treasury bond offering
BW FILE PHOTO THE GOVERNMENT fully awarded the reissued seven-year Treasury bonds (T-bonds) it auctioned off on Tuesday as its average rate declined from the previous offering of the series. The Bureau of the Treasury (BTr) raised P25 billion as planned from