RCBC Net Income Rises

Rizal Commercial Banking Corp.’s net income managed to grow by a tenth in the year’s first quarter. Yuchengo conglomerate’s banking arm booked a P1.8 billion unaudited consolidated net income within …

Meralco Looking for ERC Nod on Power Supply Pacts

Manila Electric Co. is looking towards a regulatory approval to source 3,551 megawatts of its power requirements from seven companies. This includes two under its own power generation subsidiary. Alfredo …

Hulu to Introduce New Cable TV-Like Service

Hulu, in an attempt to compete with Sling TV, is fleshing out a brand new cable-TV like service. This is done by agreeing to license channels from Hulu’s co-owners: 21st …

Uber Expanding to Rizal

Uber is in the process of expanding its presence in the country by offering its services in Rizal province, albeit in select areas. The ride-sharing app began offering its on-demand …

D&L Targeting 10% Annual Growth Rate

D&L Industries, Inc. expects their net profit to rise by 10% over the medium term. This places the customized food ingredients producer in a spot to hit a market capitalization …

Amazon Promises to Bring Same-Day Delivery to Bronx

Amazon.com Inc. is to bring free same-day delivery to the Bronx following criticism from elected representatives that the company had neglected minority communities. According to Amazon’s VP Brian Huseman, they …

Damosa Land Breaking Ground on Mixed-Use Project

Homegrown property developer Damosa Land, Inc. intends to start its newest mixed-use project by June. The project will be developed on an 88-hectare area in Panabo City, beside its sister …