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SM’s Net Income Down by Almost Half in 2020

PASAY CITY - SM Investments Corporation (SMIC) reported a nearly 50-per cent decline in net income last year. The company said its net income was...

E-commerce Helps Drive Robinsons Retail’s P151bn 2020 Net Sales

Robinsons Retail Holdings Inc said e-commerce sales continued to rise, registering nearly three times increase from the previous year, including sales from third-party platforms. E-commerce...

PLDT, DITO Ink Interconnection Deal

METRO MANILA - The country’s largest integrated telecommunications company PLDT and telco newcomer DITO have recently entered into an agreement for the construction of...

PSE Says Dividend Payouts from Listed Firms Remain Robust

Some 105 of the 271 companies listed on the Philippine Stock Exchange (PSE) paid a total of P342.88 billion in cash dividends to common...

Meralco Ordered to Refund $14bn to Consumers

The Energy Regulatory Commission (ERC) has ordered the Manila Electric Company (Meralco) to refund a total of P13.88 billion to customers or equivalent to...

TOYOTA GAZOO Racing heads north in search of further snow success

TOKYO, Feb 19, 2021 - (JCN Newswire) - After making a near-perfect start to the 2021 season on Rallye Monte-Carlo last month, the TOYOTA...

Kickstart Ventures Invests $2m in Internet Firm Transcelestial

Philippine venture capital investor Kickstart Ventures has made a $2-million strategic investment in Transcelestial, a Singapore-headquartered internet connectivity provider. The investment was made through Kickstart's...