Margin pressures, external headwinds temper CIC’s Q3 profit
CONCEPCION.PHCONCEPCION Industrial Corp. (CIC) reported a 24.74% decline in its third-quarter attributable net income to P107.2 million, as rising costs and external headwinds weighed on profitability despite higher revenues. Gross revenues for the quarter rose by 2.36% to P3.88 billion from
PNB books higher net income as revenues increase
PNB books higher net income as revenues increase - BusinessWorld Online BW FILE PHOTOPHILIPPINE National Bank (PNB) saw its net income rise by 25.79% to
ARROW Act to unlock infrastructure projects, boost property values — analysts
Workers are seen mixing cement at a construction site in Quezon City, May 19, 2020. — PHILIPPINE STAR/ MICHAEL VARCASBy Beatriz Marie D. Cruz, Reporter LONG-DELAYED infrastructure projects in the Philippines could gain momentum with the passage of the Accelerated and
ASEAN summit for prosperity, Philippines’ fiscal condition
Big events were happening in Kuala Lumpur at the ASEAN Summit, which opened on Oct. 26 and ends today, the 28th. Last Sunday saw the 47th ASEAN Summit and President Ferdinand R. Marcos, Jr. attended. Then came the ASEAN-US Summit
Alsons Power launches cadetship program to train future energy leaders
Alsons Power launches cadetship program to train future energy leaders - BusinessWorld Online ALSONS POWER Vice-President for Corporate Services Maria Jiji Q. Lara and St.
Manila eyes drones to boost defense amid tensions in South China Sea
THE PHILIPPINE frigate BRP Jose Rizal, US destroyer USS John Finn and Japanese landing ship JS Osumi during a joint naval drill back in September. — BW FILE PHOTO/ARMED FORCES OF THE PHILIPPINESTHE PHILIPPINES is looking at widely adopting unmanned
Marcos calls for restraint, respect for law at summit
PHILIPPINE COAST GUARD PHOTOKUALA LUMPUR — President Ferdinand R. Marcos, Jr. on Monday underscored the importance of upholding international law and strengthening regional cooperation as he addressed world leaders during the 13th ASEAN-US Summit and the 20th East Asia Summit. At
DND says foreign actors stoking coup rumors amid flood scandal unrest
GROUPS gathered at the People Power Monument in Quezon City for the Trillion Peso March on Sunday, amid calls for accountability and action against widespread corruption in the government. — PHILIPPINE STAR/RYAN BALDEMORTHE PHILIPPINES’ Defense department on Monday said foreign
US jet, copter crash in South China Sea
US jet, copter crash in South China Sea - BusinessWorld Online USS NIMITZ — COMMONS.WIKIMEDIA.ORGA US fighter jet and military helicopter crashed in the South
Price freeze ordered until yearend
Price freeze ordered until yearend - BusinessWorld Online PHOTO BY BERNARD HERMANTKUALA LUMPUR — Philippine President Ferdinand R. Marcos, Jr. on Monday ordered a price