Philippine Insurance News
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Metro Pacific Tollways Corp. said its first quarter net earnings went up 37 percent to P549 million, fueled by increased toll revenues, lower financing costs and reduced provisions for probable losses on input value-added tax.
Premier residential developer Landco Pacific Corp. said it registered sales of P699 milion in the first quarter this year on brisk take-up of its products.
Canadian miner TVI Pacific Inc. incurred a net loss in the first quarter, a reversal of the net profits in the same period last year despite higher revenues from its Canatuan mine in Zamboanga del Norte, as metal prices dropped and its expenses increased.
Gokongwei- controlled Cebu Air (CEB), the operator of budget airline Cebu Pacific, suffered a 20 percent decline in its first quarter net income to P962.4 million, compared to P1.2 billion in the same period last year.
Many industry and financial observers are keenly watching the new partnership of Ayala Corp. and Metro Pacific Investment Corp. (MPIC), which recently joined forces to bid for the extension of the existing 20.7-km LRT Line 1 system, which runs fro…
Many industry and financial observers are keenly watching the new partnership of Ayala Corp. and Metro Pacific Investment Corp. (MPIC), which recently joined forces to bid for the extension of the existing 20.7-km LRT Line 1 system, which runs fro…
Metrobank Group’s First Metro Investment Corp. (FMIC) and the University of Asia and the Pacific (UA&P) expect the Bangko Sentral ng Pilipinas (BSP) to keep interest rates at record lows in the second quarter of the year due to uncertainties …
Metrobank Group’s First Metro Investment Corp. (FMIC) and the University of Asia and the Pacific (UA&P) expect the Bangko Sentral ng Pilipinas (BSP) to keep interest rates at record lows in the second quarter of the year due to uncertainties …
British banking giant Hongkong and Shanghai Banking Corp. sees central banks in Asia Pacific region including the Bangko Sentral ng Pilipinas (BSP) tightening their policy stance either in the last quarter of the year or in the first quarter of next ye…
For the second year in a row, Jones Lang LaSalle Leechiu was named the Best Property Consultancy in the Philippines by the International Property Awards Asia Pacific 2012-2013 last April 27. The search is supported by 15 professional bodies worldwide a…
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