Business

The Philippine Stock Exchange, Inc. (PSE) named Aboitiz Power Corp. (APC) and Deutsche Regis Partners Inc. (DRPI) as winners of the 2017 PSE Bell Awards for Excellence in Corporate Governance for listed companies (LCs) and trading participants (TPs), respectively.

Hino Motors Philippines (HMP), the exclusive distributor of Hino trucks and buses in the Philippines, with the assistance of Hino Davao, recently completed two mobile kitchens for the Davao City government.

Prime Hotel recently launched and opened its doors to become the latest addition to Quezon City’s vibrant commercial and leisure circles that will cater to a growing group of business travelers and visitors.

By Riza Lozada An uptrend in prices will likely result to upward adjustments in the Bangko Sentral ng Pilipinas’ (BSP) key rates, studies said.

FWD Life Insurance Philippines President and Chief Executive Officer Peter Grimes was lauded as an “Outstanding Leader in Asia” by the Asia Corporate Excellence and Sustainability (ACES) Awards. At the awarding ceremonies held on October 26, 2017 at InterContinental Hotel, Singapore, Peter received the honor alongside five other CEOs from across Asia. He was given the award for demonstrating sound …

Strong growth in loans and deposits boosted Rizal Commercial Banking Corp’s (RCBC) net income by 19 percent in the third quarter to P1.1 billion from a year ago.

Listed Asia United Bank (AUB) reported a 19.3 percent growth in unaudited consolidated net income for the year up to September to P2.2 billion.

Ayala Land Inc. (ALI) posted a net income of P17.8 billion in the first nine months of 2017, growing 18% year-on-year with the consistent and strong performance of its diverse business units. Its consolidated revenues registered at P98.9 billion, 16% higher compared to the P85.49 billion it earned in the same period in 2016. The company’s robust growth fuels its …

The Securities and Exchange Commission (SEC) last Wednesday filed a criminal complaint before the Department of Justice (DoJ) against agri-business firm Calata Corp. as a result of the company’s violation of the securities code.

Construction equipment supplier Holcim Philippines, Inc. held a series of meetings last October with key stakeholders in the public and private sector to share innovative approaches and technologies that can help cut costs, speed up construction and improve durability of structures in the nationwide upgrade of infrastructure.