Puregold Looking to Open 75 Lawson Stores in 2016
Puregold Price Club, Inc. is planning to open seventy-five convenience stores this year. At least P450 million has been earmarked to accomplish the task. Under its partnership with Japan’s Lawson, …
DMCI Claims Earnings Leapt to 20% Last Year
DMCI Holdings, Inc. stated that its consolidated net income in 2015 increased by 20%. All of its investments posted “strong performances”, despite weak commodity prices and delays in project execution, …
Plants Unaffected by Mt. Apo Fire, According to EDC
Energy Development Corp. stated that its geothermal plants in Mt. Apo continue to remain unaffected by the fire in the area. According to the Lopez-led company, the fire was around …
Crown Asia Profits Pushed 53% Higher by Strong Sales
Crown Asia Chemicals Corp. saw its profit rise by 53% in 2015. This surge was fueled by strong sales of pipes and polyvinyl chloride compounds. Their net income managed to …
Davao Water Supply Project to Begin Next January
Apo Agua Infrastructure, Inc. is looking to secure permits for the construction of a P10-billion bulk water supply project in Davao city. The project is a joint venture between J.V. …
Despite Heist, Bank Sector Remains Strong
The Bangko Sentral ng Pilipinas will dish out sanctions to banks, their personnel, and officers especially those who engage in unsafe practices. This announcement took place amidst investigations concerning a …
Consunji’s DMCI Doubles Capex to P40B
Consunji-led DMCI Holdings, Inc. is setting aside P40 billion for this year’s expenditures. The amount is said to be the biggest annual outlay to date. There is an expected growth …
Cirtek Subsidiary Aims for Triple Revenues in 2015
Cirtek Philippine Holdings Corp. projects revenues for the current year to triple. The company put up $6 million in a production facility in their new 6,000-square-meter manufacturing plant at the …
ABS-CBN and GMA-7 Claim TV Ratings Leadership
Two of the country’s top networks claim leadership for March’s television ratings. “The Kapamilya Network” lured in the most TV households, garnering an average audience share of 44% from combined …
German Firm Eyeing More Philippine Projects
German company Conergy is pursuing projects in the Philippines with a capacity of 180 MW, starting in this year’s third quarter. This will be after the completion of eight solar …