UP take over UAAP hosting chores
MANILA, Philippines -- It’s never too early to prepare as the University of the Philippines braces for the hosting of the UAAP Season 87 later this year after last season’s host University of the East.
UPS latest news
Asian markets bounce after tough week as US inflation looms
HONG KONG, China — Asian markets rose Friday after falling for much of the week, with below-forecast US data injecting some fresh life into hopes the Federal Reserve will cut interest rates this year.
Mixed adjustments expected in early June
MANILA, Philippines — Oil firms are expected to implement mixed adjustments to pump prices on June 3.
Obiena bounces back, ties for silver in Oslo Bislett Games
MANILA, Philippines – Filipino Olympic pole vaulter EJ Obiena bounced back from a nightmarish outing and reached the podium in the Oslo Bislett Games Friday (Manila time).
Saso surges to the top with 68; Korda limps with an 80
MANILA, Philippines – Yuka Saso delivered a remarkable 68 to seize the lead and spark hopes for a second US Women’s Open crown in three years.
Careline turns 19: It's Careline’s birthday, but you get the gifts!
MANILA, Philippines — We've all grown up with Careline, from those first drugstore experiments to our current TikTok makeup routines. It's a true Gen Z staple, and to celebrate 19 years of slaying, they're having a major sale.
Pacific Online only bidder for 5-year 'E-Lotto' license
Pacific Online Systems [LOTO 4.80, down 1.0%; 449% avgVol] [link] disclosed that the Philippine Charity Sweepstakes Office (PCSO) informed LOTO that it has declared LOTO the “Single Calculated Bid” for the 5-year “E-Lotto” license that was up for auction. LOTO explained that as the “Single Calculated Bid”, LOTO’s bid will be “subjected to post-qualification review by the [PCSO]... should there be no issues raised during post-qualification, it is expected that the [PCSO] will be issuing its Notice of Award.” LOTO was granted a 6-month test license to conduct e-lotto, during which LOTO managed to capture 14% of e-lotto sales. The company is owned by Willy Ocier.
AgriNurture Q1 net loss: P28-M (down 1381%)
AgriNurture [ANI 0.71 unch; 91% avgVol] [link] reported a Q1/24 net loss attributable of P27.8 million, down 1381% from its Q1/23 net income attributable of P2.2 million, and up 83% from its Q4/23 net loss of attributable of P161.6 million. ANI’s total revenue for the quarter was P570 million (down 47% y/y), with the largest drop coming from its “Export” business segment which saw its associated revenue fall 98% to just P6 million. ANI blamed this result to the “reduced volumes of China export clients” for its banana export business. The second-largest drop came from ANI’s “Local Distribution and Others” segment, which saw its associated revenue fall 41% to P80 million. ANI blamed this result on the “rationalization of operations pertaining to the fresh produce and commodities markets”.