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MANILA, Philippines — On July 23, SM Prime Holdings Inc. proudly commemorated its 30th anniversary as a publicly listed company at the Philippine Stock Exchange (PSE) in BGC, Taguig, marking three decades of service and transformative growth in the Philippine real estate industry.
THE Department of Health (DoH) assured the public there was enough supply of antibiotics against leptospirosis, after releasing a million capsules of the medicine on Friday.
For many, diamonds best symbolize luxury and elegance, ever-coveted for their brilliance and timeless beauty. As two of the most sought-after celebrities of the day, Andrea Brillantes and Rabiya Mateo compellingly embody these qualities, making them ideal ambassadors for LVNA — the rapidly thriving jewelry brand helmed by the talented designer Drake Dustin Ibay, who is famously committed to democratizing diamond ownership.
MANILA, Philippines — Here’s an innovative approach to e-business that eliminates the need for employees.
Pryce Corporation [PPC 7.85 ?8.4%; 148% avgVol] [link] teased its Q2 Quarterly Report by revealing that its H1 net income was P1.32 billion, up 61% y/y from its H1/23 net income of P0.82 billion. PPC noted that its consolidated revenues were “flat”, but that its gross profit went up by 29% due to “improvement of LPG margins in Luzon.” PPC said that its H1 performance was a company record. On a quarterly basis, the H1 net income implies a Q2 net income of P607 million, up 97% y/y from its Q2/23 net income of P308 million, but down 15% q/q from its Q1/24 net income of P713 million.MB BOTTOM-LINE: Pryce has several business segments (including real estate and pharmaceutical products) but its revenue is dominated (>93%) by its LPG business, Pryce Gases. PPC has been one of those frustrating stocks where the company has a good business in a high-demand sector, but the stock price just doesn’t seem to move in a way that feels commensurate with that positioning. Things are changing. PPC’s stock is now trading above its 2017 peak and is up around 50% year-to-date. It’s up 105% from its COVID low. PPC used to be sleepy, but now it’s moving! Long-time holders are finally getting their rewards. Perhaps the interest in the last quarter is part of the broader pump in oil exploration stocks like PXP [PXP 3.71 ?7.0%; 95% avgVol] and ENEX Energy [ENEX 5.80 ?5.1%; 76% avgVol]; PPC has an interest in Palawan55 with rights to explore and drill Service Contract 55 in the West Philippine Sea.
MANILA, Philippines — Typhoon "Carina" didn't spare the "Pinoy Big Brother" house as some parts of the popular house from the reality TV series was flooded.
MANILA, Philippines — Generation Y, also known as millennials, continued to drive online tax payments in the country, accounting for almost 75 percent of income tax filings this year.
MANILA, Philippines — Sa wakas ay magkakaroon na ang Philippine Basketball Association (PBA) ng sarili nitong coliseum.
COTABATO CITY, Philippines — Local executives, the business community, the Moro National Liberation Front and the chairperson of the Regional Development Council 12 on Wednesday assured support to the new commander of the Army's 6th Infantry Division covering Central Mindanao.