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AUTHORS
Iris Gonzales
Iris Gonzales
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CLI sets P12 billion capex this year
by Iris Gonzales - April 8, 2021 - 12:00am
Cebu Landmasters Inc., the listed property developer in the Visayas and Mindanao regions, is allotting P12 billion for capital expenditures this year, up from P7.4 billion in 2020.
Emergency
by Iris Gonzales - April 8, 2021 - 12:00am
Hospitals in Metro Manila are now bursting at the seams. Without immediate intervention, we may face a total collapse of the country’s healthcare system, resulting in more people getting sick or dying.
Stocks climb past 6,600, highest in over 3 weeks
by Iris Gonzales - April 8, 2021 - 12:00am
Share prices rallied for the third consecutive day yesterday, entering the 6,600 territory anew as investors put their bets on choice blue chips.
Villar still wealthiest Filipino in Forbes list
by Iris Gonzales - April 8, 2021 - 12:00am
Filipino tycoon Manuel Villar Jr. is still the country’s richest man, according to this year’s roster of billionaires around the world.
PhilWeb incurs P60 million loss in 2020
by Iris Gonzales - April 7, 2021 - 12:00am
PhilWeb Corp. reported a net loss of P60 million in 2020, a decline of 30 percent from the previous year.
Stocks rally anew on easing March inflation data
by Iris Gonzales - April 7, 2021 - 12:00am
Stocks rallied for a second consecutive day yesterday, with the positive mood evident early on and did not wane until the close of trading.
Submission of GIS to SEC extended
by Iris Gonzales - April 6, 2021 - 12:00am
The Securities and Exchange Commission has granted companies more leeway in complying with regulatory requirements in light of new quarantine restrictions.
Shakey’s posts P247 million loss in 2020
by Iris Gonzales - April 6, 2021 - 12:00am
Shakey’s Pizza Asia Ventures Inc., the Philippines’ leading full-service restaurant chain, incurred a net loss of P247 million last year, a reversal of the P865 million income booked in 2019.
PSEi snaps 2-day losing streak on bargain hunting
by Iris Gonzales - April 6, 2021 - 12:00am
Stocks snapped a two-day downturn to end higher yesterday as investors picked up bargains in thin trades.
Alternative meat
by Iris Gonzales - April 5, 2021 - 12:00am
The alternative meat industry has gone a long way. The era of healthier food substitutes, which tasted like Gerber of sorts, is over.
Razon slams GGAM for forum shopping
by Iris Gonzales - April 5, 2021 - 12:00am
Ports and casino tycoon Enrique Razon dismissed Global Gaming Asset Management Philippines’ latest legal action against Bloomberry Resort Corp. as “shameless forum shopping.”
SEC wants financing, lending firms to register with AMLC
by Iris Gonzales - April 5, 2021 - 12:00am
Government regulators have widened their anti-money laundering net by requiring all financing and lending companies to register with the Anti-Money Laundering Council.
Bearish trading expected this week
by Iris Gonzales - April 5, 2021 - 12:00am
Local stocks are seen trading with bias on the downside this week, with investors expecting an extension of the enhanced community quarantine to contain the spread of Covid-19.
CLI launches new Cebu condo project
by Iris Gonzales - April 4, 2021 - 12:00am
Cebu Landmasters Inc, a leading property developer in the Visayas and Mindanao, has launched another condominium project in Mandaue City in Cebu.
Ivermectin
by Iris Gonzales - April 1, 2021 - 12:00am
The fuss about Ivermectin is growing and getting louder by the day, what with our timelines filled with news of deaths after deaths people dying of COVID-19.
Filinvest Land nets 41% less last year
by Iris Gonzales - March 31, 2021 - 12:00am
Filinvest Land Inc., the listed property developer of the Gotianun Group, reported a 41 percent drop in net income to P3.73 billion last year.
Ayala bond offer gets top rating
by Iris Gonzales - March 31, 2021 - 12:00am
Ayala Corp., the country’s oldest conglomerate, has received the highest issue credit rating of PRS Aaa from local debt watcher Philippine Rating Services Corp. for its planned bond offering.
PSEi wipes out gains as virus cases soar
by Iris Gonzales - March 31, 2021 - 12:00am
The local stock market ended lower yesterday as new cases of COVID-19 continued to rise to all-time highs, surpassing the 10,000 mark and with no quick solution in sight, traders said.
GT Capital profit down 68% to P6.5 billion
by Iris Gonzales - March 30, 2021 - 12:00am
GT Capital Holdings Inc., the conglomerate of the Ty Group, saw its net income fall by 68 percent last year to P6.5 billion due to the negative impact of the COVID-19 pandemic.
Bargain hunting lifts Philippines shares
by Iris Gonzales - March 30, 2021 - 12:00am
The local equities market opened the week in positive territory despite a weak start as investors hunted for bargains amid government’s commitment to fuel the economy.
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