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Globe rolls out LTE in Visayas, Mindanao

Major telecommunications firm Globe Telecom has expanded so-called Long Term Evolution (LTE) to the Visayas and Mindanao regions as it aims to improve its network coverage. 

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Duterte lauds Alcantara-Ayala property JV in Davao City

President Duterte commended last Friday Aviana Development Corp, a joint venture company of Ayala Land, Inc. and the Alcantara Group of Companies for their commitment to pursue economic development in many parts of the country. 

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Ayala Land wins 5 key Stevie awards

Property giant Ayala Land Inc. (ALI) won five major awards at the 14th Annual International Business Awards (IBA), also known as the Stevie Awards. 

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Calata seeks to stop delisting via sales deal

By Riza Lozada Listed Calata Corp. is selling 81 percent of its total shares to food processing firm Millennial Global Holdings Inc. through subscription to its 2.5 billion shares, in an effort to fend off its removal from the stock exchange. 

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Jollibee reports P3.4-B profit in first semester

Fastfood giant Jollibee Foods Corp. (JFC) posted a net income of P3.38 billion in the first half, up 10.2 percent from P3.06 billion a year ago. 

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Holcim sees low-cost housing as profit driver

Building solutions provider Holcim Philippines Inc. expects the needs of the local affordable housing market will guide its plans to introduce products and services that can help stakeholders build quality shelter projects. 

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Solar power seen pulling down cost of electricity

Meralco consumers may soon enjoy 30 percent lower rates as a result of record prices from solar developers. 

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PLDT focuses on home broadband services

Listed telecoms giant Philippine Long Distance Telephone Co. (PLDT) has strengthened its leadership in the home broadband business with both revenues and subscriber numbers growing at double-digit rates as the company rolls out more Fiber-to-the-Home (FTTH) lines and offers a growing range of rich digital content and services in more parts of the country.

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US-Nokor spat pulls down peso, bourse

By Riza Lozada The heated verbal exchanges between officials of the United States and North Korea over missile launches continue to make investors jittery, resulting in another weakness for both the Philippine peso and the stock market.

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Megaworld profit increases 11% in H1

Businessman Andrew Tan’s flagship Megaworld Corp. reported its profit rose 11 percent to P6.69 billion in the first six months from P6.03 billion a year ago.

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