DoubleDragon Share Sale Reveals Strong Demand
DoubleDragon came up with a plan to raise P10 billion from the preferred share sales. The dividend rate is pegged at 6.477% per annum. This is the bottom end of …
Robinsons Retail Profit in 2015 Increased by 22%
In 2015, the Gokongwei family’s retail holding firm raised its net profit by 22%, which is more than a fifth of the previous year. This increase is the result of …
Moovit Expands Features for Blind Users
Moovit’s latest upgrade includes features that enables blind people to take transit using TalkBack and VoiceOver integration, making things a lot easier for them. The upgrade was inspired by one …
Cotabato Farmers Provided P5.8M in Government Aid
More than P5.8 million worth of help has been turned over by the government to help out farmers that belong to 16 Irrigators Associations. The Department of Agriculture released a …
Garnishment Order Lifted from LBC Express Assets
The garnishment order on LBC Express Holdings, Inc.’s assets has been lifted following a Php 1.8 billion collection case filed by the PDIC. The PSE revealed that it received a …
Ortigas & Co. Revising Master Plan for Major Projects
Ortigas & Co. is tweaking their master plan for major projects after naming a brand new management team. This includes executives from both Sy and Ayala groups. According to Ortigas’ …
TY Firm Aiming for Majority Stake in Profriends
Starting this year, GT Capital Holdings, the holding company for George Ty’s businesses, is raising its stake in Profriends. GT Capital President Maria Bautista revealed in a phone interview that …
Twitter Kills Tweetdeck for Windows
A change has been made to make things easier for Twitter users. Users no longer have to switch between its desktop app, TweetDeck, and its website. There is more no …
Ayala Retail Bonds Maintain Highest Ratings
Ayala Corp maintained its excellent retail bonds. PhilRatings proclaimed that it retained the PRS Aaa credit rating for its P10 billion retail bonds, which are due on April 30th, 2017. …
Metro Retail Opening Seven More Stores in 2016
Metro Retail’s five-year expansion program is set to begin this year. The company plans on opening at least seven stores to take advantage of the rising consumer spending. The plan …