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Globe says acquisition of tech firm Cascadeo completed

Globe confirms Cascadeo's takeover has been completed Globe Telecom, Inc. formally completed the purchase of Cascadeo, a US-based cloud-managed service provider, said Ayala-led telecommunications firm Friday.

Aboitiz Group’s contribution to government coronavirus response efforts reaches P2.2B

The commitment of THE ABOITIZ GROUP to the country's 2019 coronavirus disease (COVID-19) response has crossed over P2.2 billion, with the organization being among the businesses that first pledged...

Despite a pandemic, Italpinas records a 28 percent growth in net income

Italpinas Development Corp. (IDC) reported a 28.2 percent rise to P46.74 million as of the third quarter, with its two operating residential developments primarily responsible for sales revenues across...

Profit taking in URC shares amid rubbing alcohol foray

Last week, INVESTORS chose to pocket profits, dragging back the share price of Universal Robina Corp. (URC) after its declaration of its foray into the manufacture of rubbing alcohol.

PSEi ends up higher on vaccine expectations in November

The Philippine stock market was propelled to one of its strongest months in November by THE Surge of good reports on coronavirus disease 2019 (COVID-19) vaccine candidates and increased...

As Allhome adds shops, revenue increased

VILLAR-LED AllHome Corp. aims to further increase its revenues in the Luzon area in the fourth quarter. The home improvement store said in a weekend statement...

Energy unit Ayala receives $300 million from green bonds

AC Energy and Utilities Corp. earned $300 million from its green bond issue, said its parent company Ayala Corp. in its regulatory filing on Friday, representing the country's first...

MacroAsia, Pro-Friends join up on the water source scheme

MACROASIA Corp. has collaborated with Maplecrest Group Inc., the parent corporation of Property Company of Friends (Pro-Friends), on a cooperative water project in Cavite. In an...

Technical Input: URC | November 30, 2020

Strong intraday rebound on lower band of its uptrend channel near EMA50. This is...

In-depth Analysis: FRUIT | November 29, 2020

Revenues to rebound, however… FRUIT's revenue in Q3 2020 dropped 63 percent to PGP 167 million, taking its year-to-date (YTD) revenues to PHP 629 million, equal...