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State-run firms remit P32.31B; Aquino receives dividends

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Earnings of the national government from state-owned enterprises rose by more than a tenth last year amid the continuing improvement in the way these companies are run.

Posted: June 10th, 2014 in Headlines | Read More »

Filipinos’ sweet tooth expected to boost Pepsi sales

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Beverage giant Pepsi Cola Products Philippines Inc. (PCPPI) is banking on the Filipino consumer’s sweet tooth and the country’s booming economy to continue to boost sales this year.

Posted: June 2nd, 2014 in Headlines | Read More »

AXA premium dropped in Q1

Newly launched health insurance products boosted first year premiums (FYP) of AXA Philippines in the first quarter, even as the total premium income dropped by a double-digit rate during the same three-month period as a result of the market volatility experienced late last year.

Posted: June 2nd, 2014 in Headlines | Read More »

Finance costs hit profits of Lopez Holdings in Q1

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Media and power-based conglomerate Lopez Holdings reported a 12-percent year-on-year drop in first quarter net profit to P877 million on higher finance costs at some business units.

Posted: May 19th, 2014 in Headlines | Read More »

Robinsons profit up 15%

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ROBINSONS Cybergate Davao has 2,700 sq m of leasable office space.

Robinsons Retail Holdings Inc. of the Gokongwei group on Thursday reported that its core profit in the first quarter rose 15.2 percent to P530 million as more stores opened.

Posted: May 16th, 2014 in Latest Business Stories | Read More »

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