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Stronger sales boost Pure Foods net income

by James A. Loyola San Miguel Pure Foods Company Inc. (SMPFC) registered a 26 percent growth in net income to P6 billion last year on…

Bureau of the Treasury

Gov’t subsidies to GOCCs hit record high in 2016

by Chino S. Leyco The national government posted a record spending  on subsidies to state-owned and -controlled corporations last year at P103.19 billion, a record…

(Photo courtesy of ltg.com.ph/)

LT Group profit surges 42% to P9.4 billion

by James A. Loyola LT Group, Inc. (LTG), the flagship of taipan Lucio Tan posted a 42 percent jump in audited attributable net income to…


(MANILA BULLETIN)

PH foreign debt shrinks to $74.8 B in 2016

by Lee C. Chipongian The country’s outstanding external debt slipped to $74.8 billion at the end of 2016 or down by 3.48 percent or $2.7…

Ayala Corporation logo (Photo courtesy of www.ayala.com.ph/)

Ayala Group ups RE portfolio

by Myrna M. Velasco AC Energy Holdings, Inc. of the Ayala Group has unveiled plans of exponentially growing its renewable energy (RE) portfolio to the…