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Robinsons Land income rises 12 percent to P7.3-B

ABS-CBN News
Posted at Nov 05 08:42 PM

Rental income from Robinsons Land Corp's malls, office buildings, hotels and resorts were all up, the company said.  Read more »

Filipino-Chinese Chamber backs swift passage of corporate tax reform bill

Bruce Rodriguez, ABS-CBN News
Posted at Oct 15 03:12 PM

The bill cutting corporate income taxes should be passed before the year ends as this measure will let the country attract multinational firms affected by the US-China trade war, a group of Filipino-Chinese businessmen said on Tuesday. Read more »

Finance secretary slams 'ignorant' people speculating on proposed corporate tax reforms

ABS-CBN News
Posted at Oct 08 10:49 PM

Finance Secretary Carlos Dominguez has some choice words for Philippine Economic Zone Authority chief Charito Plaza as he fielded questions about the measure. Read more »

Philippines can lure investors without 'forever' tax breaks: Salceda

Michelle Ong, ABS-CBN News
Posted at Sep 16 09:31 AM

Manila is the most generous in Southeast Asia in giving tax breaks, which resulted in P504.2 billion in foregone revenues in 2017, said Albay Rep. Joey Salceda, citing his own figures. Read more »

House OKs corporate tax reform bill on final reading, to send measure to Senate

ABS-CBN News
Updated as of Sep 13 07:04 PM

MANILA - The House of Representatives on Friday approved on third and final reading the second round of tax reforms, which would cut corporate income taxes and limit incentives.    Read more »

Duterte hints at firing economic official due to 'poor performance'

ABS-CBN News
Posted at Sep 11 11:38 PM

Tensions are brewing within President Rodrigo Duterte's economic team over the proposed corporate tax reform bill, as the Philippine Economic Zone Authority (PEZA) insists it should be exempted from the measure -- a hardened stance following Duterte's hint at firing an underperforming economic official.  Read more »

After London, this David Medalla bubble machine finds a permanent home in Manila

Jerome Gomez
Updated as of Sep 02 10:24 PM

An iconic work by one of the most important Filipino artists is now installed at the BDO Corporate Center in Ortigas. And Filipinos can now visit the kinetic sculpture every day if they want to. Read more »

NGO wary of immediate corporate income tax cuts

ABS-CBN News
Posted at Aug 31 05:33 PM

A non-government group cautions against the planned immediate reduction of corporate income tax that is included in the proposed Corporate Income Tax and Incentive Rationalization Act (CITIRA) bill. Karla Yu of Action for Economic Reforms says the government has to first assess whether or not it could afford the planned reduction even as the country's economic status is due to change in the next few years. She also urges Philippine lawmakers to expedite budget deliberations to speed up the rollout of the government's infrastructure projects. Read more »

Lawmakers tackle bill seeking to slash corporate income tax

RG Cruz, ABS-CBN News
Posted at Aug 27 10:00 PM

The House of Representatives has started plenary deliberations on a bill proposing to lower corporate income taxes and rationalize fiscal incentives.  Read more »

Panukalang pababain ang corporate income tax, dinidinig sa Kamara

ABS-CBN News
Posted at Aug 14 02:22 AM

Matapos hindi maisabatas nitong nakaraang Kongreso, muling dinidinig sa komite sa Kamara ang panukalang batas na layong pababain ang corporate income tax. Read more »

PLDT notes rise in mobile video consumption as core income steady

ABS-CBN News
Posted at Aug 08 03:48 PM

PLDT's core income was steady at P13.2 billion in the first half of the year, the company disclosed on Thursday.  Read more »

San Miguel Brewery posts P13.3-B net income in first half, up 12.4 percent

ABS-CBN News
Posted at Aug 06 07:10 PM

San Miguel Brewery booked a net income of P13.3 billion in the first six months of the year, higher by 12.4 percent compared to the same period in 2018, the company said Tuesday.  Read more »

Petron net income falls in first half as excise taxes bite

ABS-CBN News
Posted at Aug 06 05:51 PM

Petron disclosed on Tuesday that its net income fell "significantly" in the first half as local revenues were affected by the second round of fuel excise tax hikes.  Read more »

Ayala Land income up 12 percent to P15.2 billion in 1H

ABS-CBN News
Posted at Aug 05 04:33 PM

 Ayala Land posted a 12 percent increase in net income to P15.2 billion in the first six months of 2019, the company said Monday. Read more »

Universal Robina posts higher net income in first half

ABS-CBN News
Posted at Aug 01 06:00 PM

URC said net sales grew 4 percent to P67 billion during the period thanks to its domestic and international branded consumer foods.  Read more »

IMI net income declines on global uncertainties

ABS-CBN News
Posted at Aug 01 03:13 PM

Ayala-led semiconductor firm Integrated Microelectronics Inc (IMI) reported lower revenues and net income in the first half amid a slowdown in the global economy and geopolitical issues in its key markets China and the UK. Read more »

Property firm Kepwealth secures approvals for IPO

ABS-CBN News
Posted at Jul 25 02:30 PM

The IPO could be the first such listing for the Philippine Stock Exchange this year. Read more »

Coca-Cola profits exceed estimates, shares bubble up

John Biers, Agence France-Presse
Posted at Jul 24 09:13 AM

The soda giant increased profit and revenue targets for the year following the better-than-expected quarter, with gains in North America helping to offset the hit from a strong dollar which made products more expensive in some overseas markets. Read more »

ABS-CBN tops nationwide ratings in June

ABS-CBN News
Updated as of Jul 02 02:12 PM

ABS-CBN remained at the top of national TV ratings as it attracted more viewers in June, registering an average audience share of 44 percent, data from Kantar Media showed. Read more »

ABS-CBN kinilala dahil sa maayos na pamamalakad ng kompanya

ABS-CBN News
Posted at Jun 21 08:43 PM

Pinarangalan ng Institute of Corporate Directors para sa mahusay na pamamalakad sa kompanya ang ABS-CBN.    Read more »