April car sales recover from slump a year ago
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Car sales were affected by the reimposition of stricter lockdown measures in Metro Manila and adjacent provinces. — PHILIPPINE STAR/ MICHAEL VARCAS…
DMCI nets P4B on ‘exceptional’ mining, real estate units
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DMCI Holdings, Inc. reported on Tuesday a consolidated core net income of P4.1 billion in the first quarter, or more than four…
Pilipinas Shell sees fuel demand’s return to pre-pandemic levels by next year
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PILIPINAS Shell Petroleum Corp. expects to see demand for fuel products to go back to pre-COVID-19 levels by 2022 if the government’s…
LT Group income up nearly 5% to P6.5B; tobacco brings biggest share
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LT Group, Inc. (LTG) posted a 4.5% growth in net attributable income to P6.49 billion in the first quarter, it said on…
Puregold income climbs nearly 15% despite decline in sales
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GROCERY operator Puregold Price Club, Inc.’s net income grew by 14.6% to P2.02 billion in the January-to-March period from P1.76 billion year…
An introspective view of the world
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FOR a collective of six photographers, the past year under quarantine has allowed for introspection and the development of new ideas from…
Manila Water income down 8% after lower billed water volume
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MANILA Water Co., Inc. recorded an 8% drop in its attributable net income to P1.30 billion for the first quarter due to…
Peso rises on sluggish import prospects after weak Q1 GDP data
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THE PESO strengthened versus the greenback on Tuesday despite data showing the economy continued to contract in the first quarter. The local…
PSEi inches up on bargain hunting after GDP drop
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PHILIPPINE shares went up on Tuesday on last-minute bargain hunting following the market’s decline as data showed the economy contracted worse than…
Treasury sells NatWest stake at a discount to raise £1BN
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The government has sold a 5 per cent stake in NatWest, raising £1.1 billion, but had to discount the price by…
