Monday, May 11, 2026
Today's Print

Tag: 2021

IMF expects PH recovery to gain momentum

The International Monetary Fund expects economic recovery in the Philippines to gain momentum in the second half of 2021 and in 2022. “Real GDP is...

AC Energy posts P2.7-billion earnings

AC Energy Corp. said Thursday it posted consolidated net income of P2.7 billion in the first half, up 5 percent from P2.6 billion a...

San Miguel Food posts 20% revenue growth

San Miguel Food and Beverage Inc. delivered solid financial results in the first six months, driven by stronger operating performance across all divisions and...

Megaworld’s income hit P2.6 billion in Q2

Megaworld Corp. said Wednesday attributable net income increased by 39 percent in the second quarter to P2.6 billion from P1.9 billion in the same...

Petron earned P3.87 billion in first half

Petron Corp. said Tuesday it sustained its positive performance with a consolidated net income of P3.87 billion in the first half, a remarkable rebound...

Property developers expand outside Metro Manila

Colliers International Philippines encouraged property developers to expand in strategic locations outside Metro Manila, as demand for new office space shifted to the countryside. Based...

HSBC sees PH rebounding 6.3% in 2021

Hongkong and Shanghai Banking Corp. said Tuesday the faster pace of COVID-19 vaccination rollout in the Philippines will help the economy to rebound by...

Del Monte posts 33% profit growth to P4.6 billion

Fruit grower and canner Del Monte Philippines Inc. said Tuesday net income in the fiscal year 2021 ending April climbed 33 percent to P4.6...

Job creation needed to jumpstart recovery

Economists on Thursday pushed for job creation, higher infrastructure spending and increased exports to help the economy rebound faster from the impact of the...

Converge booked P1.54-billion net income in first quarter

Converge ICT Solutions Inc. said Monday net income nearly trebled in the first quarter on higher fixed-broadband subscribers and lower corporate income tax rate. The...

Property developers reported lower first-quarter profits

Property developers Filinvest Land Inc., Megaworld Corp. and Century Properties Group Inc. said Monday they posted lower first-quarter profits as the real estate industry...

AllHome earned P344 million in first quarter

AllHome Corp., a one-stop shop home store, said Monday net income registered a double-digit growth in the first quarter to P344.2 million from a...

AREIT’s income grew 60% in first three months

AREIT Inc., the pioneering real estate investment trust launched by Ayala Land Inc. said Friday it posted a net income of P403 million in...

Century Pacific Food set to rejoin MSCI

Canned food manufacturer Century Pacific Food Inc. is set to rejoin the MSCI Philippine Small Cap Index by May 27, 2021. CNPF’s recent inclusion was...
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