Monde Nissin incurs P13-B net loss in 2022
MONDE NISSIN CORP. suffered a net loss of P13.03 billion in 2022, a reversal of its P3.12-billion net income a year earlier, due to a one-off charge the company incurred in Marlow foods.“The impairment was caused by the application of
MGen unit eyes Ilocos Norte solar plant expansion
THE 68-MW “Garcia 2” Solar Project, located in the municipality of Currimao in Ilocos Norte. — VENAENERGY.COMMGEN RENEWABLE Energy, Inc. (MGreen) is keen to expand its 68-megawatt-alternating current (MWac) solar plant project with Vena Energy in Ilocos Norte.“This is a
Sta. Lucia Land board clears six projects, P1.5-B loan
LISTED real estate developer Sta. Lucia Land, Inc. said on Thursday that its board had approved taking out a P1.5-billion long-term loan facility while authorizing joint ventures to develop six projects, including an acquisition in Batangas.In a disclosure to the
DTI, Amazon tie up for entrepreneurs’ digital shift
THE Department of Trade and Industry (DTI) partnered with Amazon Web Services (AWS) to help the digital transition of local entrepreneurs and businesses.In a statement on Thursday, the DTI said that it signed a memorandum of understanding with AWS in
CTA partially grants refund claim of Kuwait Airways
CTA.JUDICIARY.GOV.PH/THE Court of Tax Appeals (CTA) has granted part of Kuwait Airways Corp.’s appeal to refund its overpaid income taxes in the amount of P12.3 million for the year 2017.In a 17-page decision dated March 28 and made public on
Netflix tests idea of expanding gaming service to televisions
NETFLIX, Inc. is working to bring its nascent video-game service to television sets for the first time, moving beyond smartphones and tablets in a sign of its growing ambitions. Code hidden within Netflix’s app includes references to games played on TVs,
Sika Philippines said it expects 20% sales growth in 2023
SIKA PHILIPPINES FACEBOOK PAGETHE Philippine unit of Switzerland-based construction chemicals company Sika Group said it is expecting its topline to grow by 20% this year amid the increase in infrastructure projects.In 2022, Sika Philippines, Inc. General Manager Christophe Lejeune said
Ticketholders for Alanis’ canceled 2020 show can get tickets for upcoming concert
ALANIS MORISSETTEWITH the announcement that the Alanis Morissette concert will finally push through, local concert promoter Ovation Productions has announced how holders of tickets to the canceled Alanis Morissette 2020 World Tour concert can get seats to the new concert.The
SEC warns against 2 unlicensed entities soliciting investments
THE Securities and Exchange Commission (SEC) has warned the public against putting money in two investment-taking entities, which have not secured a license to offer shares.In separate advisories, the SEC identified these entities as Life Blessing Philippines and Fresh Deals
Chloe Bailey makes solo album debut with In Pieces
CHLOE BAILEY, also known by her stage name Chloe, sits for a portrait at Sony Music global headquarters in New York City, US, March 6. —REUTERS/SHANNON STAPLETON NEW YORK — US singer and actress Chloe Bailey, half of sister R&B duo