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Agri losses due to ‘Luis,’ ‘Mario’ climb to P1.76B

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Agricultural losses in the wake of Typhoon “Luis” and Tropical Storm “Mario” have climbed to a total of P1.76 billion, as more data from the field showed greater devastation on rice farms.

Posted: September 24th, 2014 in Headlines | Read More »

Truck ban costs franchise firms P3B in losses

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AP FILE PHOTO

Franchising companies reportedly suffered losses of at least P3 billion in the past few months due to the expanded truck ban policy and the congestion at the Port of Manila, making it more difficult for members of the Association of Filipino Franchisers Inc. (Affi) to achieve its growth targets for 2014.

Posted: September 18th, 2014 in Editor's Pick,Headlines | Read More »

Philex trims losses in 1st half

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Philex Petroleum Corp. slashed its losses in the first half of 2014 by 81.93 percent to P40.7 million, from P225.2 million in the same period last year, on higher revenues and reduced expenses.

Posted: July 26th, 2014 in Headlines | Read More »

Truck ban continues to hit firms

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INQUIRER FILE PHOTO

Local companies continued to reel from a double whammy of double-digit losses in revenues and equally crippling surges in import- and export-related expenses, given the continued truck congestion and container pile-up at the Port of Manila.

Posted: July 24th, 2014 in Headlines | Read More »

PAL narrows losses as revenues increase

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Philippine Airlines narrowed losses in the first quarter of the year following a recovery in passenger revenues, driven by international traffic, in line with expectations previously released by management.

Posted: May 17th, 2014 in Headlines | Read More »

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