GOKONGWEI-LED conglomerate JG Summit Holdings, Inc. said its net income reached P20.2 billion in 2023, up by 30 times from the P700 million net income the prior year, led by higher revenues from its airline and real estate businesses.“Incorporating more favorable foreign exchange and mark-to-market

CEBUPACIFICAIRCEBU AIR, Inc. (CEB), operator of budget carrier Cebu Pacific, expects higher earnings this year after returning to profitability in 2023, driven by strong passenger demand. “Moving forward, we are optimistic that Cebu Pacific’s solid 2023 financial results will set the foundation for a stronger financial

LISTED property developer Filinvest Land, Inc. (FLI) has turned over a ready-built factory to StB GIGA for the production of lithium iron phosphate (LFP) batteries in Filinvest New Clark City. The factory, spanning 5,000 square meters of industrial space in Filinvest Innovation Park, was turned over

WHEN we watch a classical music performance, what we see is a union between human and instrument. Few people do that better than piano prodigy Cecile Licad, who passed audition at the Curtis Institute of Music at 12 and had been one of the youngest

BW FILE PHOTOTHE GOVERNMENT made a full award of the reissued Treasury bonds (T-bonds) on Tuesday at an average rate higher than secondary market levels amid hawkish comments from a Bangko Sentral ng Pilipinas (BSP) policy maker.The Bureau of the Treasury (BTr) raised P30 billion

GLOBE Telecom, Inc. has completed the sale of 33 towers to Unity Digital Infrastructure, Inc  for P396 million, the telecommunications company said on Tuesday.In total, Globe has closed the sale of 282 towers out of 447 towers to be acquired by Unity Digital. Proceeds from the

DUALTECH TRAINING INSTITUTE(Part 2)The Philippine Congress should replicate its outstanding performance in passing laws that will accelerate the employability and competitiveness of the Filipino workforce in such other critical areas as health, agribusiness (especially in abolishing the many obstacles to the consolidation of farms that

FOR FILIPINA fictionist Linda Ty-Casper, preserving part of history in the form of historical novels is a kind of advocacy. It defends the Philippines from false depictions and ensures that “we do not forget who we are.”This is why her book, The Three-Cornered Sun, first

BILLS seeking to amend the charters of the Land Bank of the Philippines (LANDBANK) and Development Bank of the Philippines (DBP) to allow for their public listing will be filed as soon as Congress resumes session, the Finance chief said.“There’s a bill (for) LANDBANK, so

LISTED STI Education Systems Holdings, Inc. (STI Holdings) said its education unit has fully redeemed Series 7Y bonds worth P2.18 billion. The bond offering of STI Holdings’ education unit, STI Education Services Group, Inc. (STI-ESG), had a maturity date on March 23, the listed company said