corporate | ABS-CBN News

ABS-CBN wins ACGS Golden Arrow award anew for good governance

ABS-CBN News
Posted at Jan 24 10:15 PM

ABS-CBN Corporation was among other Philippine publicly-listed companies that received the ASEAN Corporate Governance Scorecard (ACGS) Golden Arrow from the Institute of Corporate Directors (ICD) on January 20. Read more »

PLDT again denies ‘undocumented' purchases in capex

ABS-CBN News
Posted at Dec 27 04:53 PM

PLDT again denied a report it discovered “undocumented purchase orders” or anomalies as the company investigates overspending on network upgrades and expansion. Read more »

PLDT says 2022 income 'unaffected' by budget overrun

ABS-CBN News
Posted at Dec 23 01:07 AM

PLDT announced that its 2022 income is "unaffected" by a budget overrun. Read more »

Proposed OGCC charter to clarify role in gov't: official

Job Manahan, ABS-CBN News
Posted at Dec 15 03:43 PM

The country's government corporate counsel on Thursday reiterated the importance of the Office of the Government Corporate Counsel charter as this would clarify their lawyers' role in the government. Read more »

Globe corporate data revenues hit P12.5 billion

ABS-CBN News
Updated as of Nov 22 12:15 PM

Globe Telecom said on Tuesday its Corporate Data revenues had soared to another "record level" at P12.5 billion at the third quarter of 2022. Read more »

Dissecting Dennis Uy's mountain of debt

Warren de Guzman, ABS-CBN News
Updated as of Nov 03 11:18 PM

Just adding up the total liabilities of Dennis Uy's listed companies puts his debt level at P287.86 billion as of the end of June 2022. Read more »

Microsoft avoids paying tax in many countries: study

Agence France-Presse
Posted at Oct 13 08:17 AM

Tech giant Microsoft has avoided billions in taxes in Britain, Australia and New Zealand, all countries where it has lucrative public sector contracts, because of its complex corporate structure, a study published Thursday claimed. Read more »

Pilipinas Shell Foundation celebrates 40th anniversary

Anna Cerezo, ABS-CBN News
Posted at Aug 20 04:14 AM

Pilipinas Shell Foundation Inc (PSFI), the social arm of Shell companies in the country, celebrated its 40th anniversary on Friday. Read more »

[OPINION] Goodbye, Mr. Bond

Dean dela Paz
Posted at Aug 18 06:33 PM

Many now mull the wisdom of issuing bonds while some simply say goodbye to bonds as principal forms of funding where bloated rates threaten corporate viabilities even as they benefit institutional investors and creditors. Read more »

ABS-CBN umalalay sa blood drive sa Pagsanjan, Laguna

ABS-CBN News
Posted at Aug 17 08:08 PM

Nagsagawa ng blood donation drive sa Pagsanjan, Laguna ang Department of Health na sinuportahan ng ABS-CBN Foundation. Read more »

SEC revokes NWorld's registration due to alleged fraud

ABS-CBN News
Posted at Aug 11 01:55 PM

The SEC on Thursday said it has canceled the corporate registration of Alphanet World Corp or NWorld due to alleged fraud in obtaining its certificate of incorporation. Read more »

Lucky Me maker sees 15 pct drop in July sales over noodle scare

Art Fuentes, ABS-CBN News
Posted at Aug 10 09:32 PM

The company said core net income attributable to shareholders declined 4.1 percent to P4.1 billion in the first six months of the year. Read more »

Lingkod Kapamilya: Bayan sa Abra, hinatiran ng tulong

ABS-CBN News
Posted at Jul 29 08:22 PM

Nagpapatuloy ang pag-iikot ng ABS-CBN Foundation sa lugar para mag-abot ng tulong. Read more »

Marcos vetoes bill seeking more powers to OGCC

Katrina Domingo, ABS-CBN News
Updated as of Jul 23 02:28 PM

Marcos has vetoed a bill seeking to give the Office of the Government Corporate Counsel more powers, Malacañang said on Saturday. Read more »

AirAsia, ABS-CBN Foundation partner for disaster response

ABS-CBN News
Posted at Jul 19 06:32 PM

AirAsia Philippines and ABS-CBN Foundation Inc (AFI) on Tuesday announced they are partnering for disaster response and various other corporate social responsibility initiatives. Read more »

Biktima ng pagbagsak ng elevator sa Makati, dinala na sa huling hantungan

ABS-CBN News
Posted at Jul 15 05:02 PM

Na-cremate na nitong Biyernes ang labi ng isa sa dalawang lalaki na namatay sa Makati matapos mahulog ang ginagawang elevator sa Burgundy Corporate Tower nitong Biyernes. Read more »

Makati LGU investigating elevator collapse that killed 2 workers

ABS-CBN News
Posted at Jul 11 05:50 PM

The local government of Makati City on Monday said it is already investigating the collapse of an elevator in a building in the city that caused the death of two workers. Read more »

SEC moves to shut down Rappler

ABS-CBN News
Updated as of Jun 30 08:51 AM

The Philippines' corporate regulator moves to shut down Rappler, the online news agency led by Nobel laureate Maria Ressa. Read more »

SM hikes cash dividend, expects continued recovery

Warren de Guzman, ABS-CBN News
Posted at Apr 27 09:21 PM

SM Investments Corporation said it is optimistic both brick and mortar sales and e-commerce ventures will improve as the pandemic recedes. Read more »

Max's Group posts P451 million net income in 2021

ABS-CBN News
Updated as of Apr 19 08:08 PM

Max's, which also operates the Yellow Cab, Pancake House and Krispy Kreme brands, said margins were trending better or close to pre-pandemic levels. Read more »