Companies

Property developer DMCI Homes is spending over P10 billion this year for its capital expenditures (capex) to fund its project developments and land acquisitions.

The Gokongwei-led conglomerate JG Summit Holdings booked a 30.6 percent increase in profit in -he first semester on the back of double-digit income growth in its airline and petrochemicals businesses.

By Riza Lozada  The local bourse has noted a boom in online stock trading as the number of online stock market accounts continued to grow in 2015, posting an increase of 35.6 percent to 236,669 from the 2014 count of 174,592. Since 2010, the number of online accounts has now registered a 46.1 percent compounded annual growth rate. 

Effective August 1, Cecilia C. Borromeo will serve as officer-in-charge of Land Bank of the Philippines (LandBank), the leading government financial institution that carries out a development mandate anchored on promoting inclusive economic growth especially in the countryside. 

Throwing out the opposition of the Philippine Competition Commission, the Court of Appeals (CA) approved Globe Telecom’s urgent motion to consolidate its petition with Philippine Long Distance Telephone Co. (PLDT).

Brothers Tyler and Tyreke Ang had a fun idea last summer: both signed up as kiddie managers at their favorite jolly place, Jollibee.

BDO Foundation, the cor porate social responsibility arm of BDO Unibank, has rehabilitated Pastrana Rural Health Unit in Leyte in partnership with US-Philippines Society.

By Riza Lozada Globe Telecom is the most awarded telecommunications operator in the first half as a result of a series of recognitions given to the company by various institutions.

Listed budget airline Cebu Pacific has placed a firm order with Airbus for two A330-300s that will join its existing fleet of six A330s flying on long range flights to destinations in the Middle East and Australia, as well on selected domestic and regional routes.

The fast developing digital economy of the country presents more opportunities for data and privacy sharing which may it necessary for local firms to embrace technology to increase sales, a report of software firm SAP showed. The SAP Digital Experience Report said half of respondents in a local survey indicated that they are delighted with the digital experiences from companies. …