On the mend: Lopez family’s ABS-CBN cuts losses by 54% on strong ad and consumer sales ABS-CBN Corp. of the Lopez family reduced its net loss by 54 percent to P2.6 billion last year, primarily due to higher advertising and consumer sales.
LYKA loses again: ARTA rejects Bren Chong firm’s request for automatic registration The Anti-Red Tape Authority (ARTA) said controversial online payments platform Lyka Gems cannot avail of automatic company registration despite delays in its application before the Securities and Exchange Commission (SEC).
LTO implements driving school fee caps, biometric registration and attendance monitoring Starting April 15, the Land Transportation Office (LTO) will set limits on driving school fees nationwide due to complaints of high rates.
Tubong lugaw! Hontiveros slams sale of smuggled sugar at P71/kilo Senator Risa Hontiveros has called out the Marcos administration for allegedly trying to make a profit out of smuggled sugar intercepted at the Subic and Batangas ports.
Betty Ang’s fake meat flop! Monde chucks Quorn’s 2023 opex amid stinking sales, diverts P2.1 billion budget to core brands in Asia Monde Nissin (MONDE) has drastically cut down the operating budget of Quorn Foods in 2023 as the alternative meat baby of bilyonaryo Betty Ang continues to pile up losses.
Betty Ang’s fake meat flop! Monde chucks Quorn’s 2023 opex amid stinking sales, diverts P2.1 billion budget to core brands in Asia
Growing infrastructure portfolio: San Miguel clinches 35-year concession for Batangas toll road project
Nganga uli! Dennis Uy looking for new white knight after Ricky scraps plan to buy debt-saddled PH Resorts’ Cebu, Clark casinos
PH conglomerate and global energy firms eye Tanay wind power project partnership with Vince Perez-led Alternergy Three energy firms have shown interest in partnering with Alternergy Tanay Wind Corporation, a wholly-owned subsidiary of Alternergy led by Vince Perez, for the development of the proposed Tanay wind power project in Rizal.
Global bank watchdog vows to ‘learn lessons’ after turmoil The Basel Committee on Banking Supervision, charged with worldwide oversight, said Thursday that it would “learn lessons” from the US bank failures and the emergency buyout of Credit Suisse that have roiled financial markets.
LYKA loses again: ARTA rejects Bren Chong firm’s request for automatic registration The Anti-Red Tape Authority (ARTA) said controversial online payments platform Lyka Gems cannot avail of automatic company registration despite delays in its application before the Securities and Exchange Commission (SEC).
A slice of Italian luxury in paradise: Andrew Tan eyes P2 billion in sales from Megaworld’s Positano Mactan Megaworld Corporation of bilyonaryo Andrew Tan, is set to unveil its latest masterpiece in the heart of the picturesque Mactan Newtown in Lapu-Lapu City, Cebu.
On the mend: Lopez family’s ABS-CBN cuts losses by 54% on strong ad and consumer sales ABS-CBN Corp. of the Lopez family reduced its net loss by 54 percent to P2.6 billion last year, primarily due to higher advertising and consumer sales. Read More »
BSP, ASEAN central banks to link payment systems through BIS Nexus project The Bangko Sentral ng Pilipinas (BSP) and four other central banks in the ASEAN region have partnered to connect their domestic instant payment systems (IPS) through the Bank for International Settlements’ (BIS) Nexus Project. Read More »
Global bank watchdog vows to ‘learn lessons’ after turmoil The Basel Committee on Banking Supervision, charged with worldwide oversight, said Thursday that it would “learn lessons” from the US bank failures and the emergency buyout of Credit Suisse that have roiled financial markets. Read More »
Toshiba to go private as board accepts $15 billion takeover bid Troubled Japanese conglomerate Toshiba on Thursday accepted a $15 billion takeover bid by a consortium led by investment fund Japan Industrial Partners, major local media outlets reported. Read More »
LYKA loses again: ARTA rejects Bren Chong firm’s request for automatic registration The Anti-Red Tape Authority (ARTA) said controversial online payments platform Lyka Gems cannot avail of automatic company registration despite delays in its application before the Securities and Exchange Commission (SEC). Read More »
Leandro Leviste flaunts Solar Philippines’ angel investor Techpreneur Leandro Leviste, a rising star in the renewable energy sector, has revealed that he has received support from Eric Francia, the CEO of AC Energy, an Ayala-owned company. Read More »
Who’s Who at ART SG January 12, 2023 Art SG kicked off today with art world legends and collectors showing up with extra vigor after a two-year delay due to the pandemic. Read More »
