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PLDT and its wireless unit Smart Communications, Inc. (Smart), together with the PLDT-Smart Foundation (PSF), kicked off the donation drive of First Pacific Company Limited (First Pacific) in the Philippines in celebration of its 40th anniversary. PLDT-Smart Foundation turns over Smart Bro Pocke
Deutsche Bank's Depositary Receipts Virtual Investor Conference to be held May 11 and 12, 2021 International companies to host live webcasts for investors and analysts News provided by Share this article Share this article NEW YORK, May 7, 2021 /PRNewswire/ -- Deutsche Bank today announced the lineup for its Depositary Receipts Virtual Investor Conference ("dbVIC") on Tuesday, May 11 and Wednesday, May 12, featuring live webcast presentations from international companies with American Depositary Receipt (ADR) programs in the US. dbVIC May 2021 Representatives from participating companies ...
BusinessWorld May 6, 2021 | 12:09 am By Senior Reporter METRO Pacific Investments Corp. (MPIC) on Wednesday reported a 272.06% increase in its first-quarter attributable net income, owing to the sale of its stakes in a power producer and a toll road business in Thailand, as well as the recently signed tax incentives law. MPIC’s attributable net income for the first quarter reached P7.03 billion, up from P1.89 billion in the same period last year, the company said in a statement to the stock exchange. The company said it benefited from the gain recognized from the sale of Gl...
March 16, 2021 | 12:06 am Font Size HTTPS://WWW.MPIC.COM.PH/ INFRASTRUCTURE conglomerate Metro Pacific Investments Corp. (MPIC) is in talks with the owners of Discovery World Corp. for a “potential investment.” “There are ongoing discussions with the Tiu family for a potential investment in Discovery World Corp. and/or its subsidiaries,” MPIC said in a disclosure to the stock exchange on Monday. “However, no definitive agreement has been signed to date. We will inform the Exchange and the investing public in the event any disclosable transaction is signed,” it added. With...
President Rodrigo Duterte has fervently wanted to give the country's two-player telecoms industry a shake-up. The combination of Smart and Globe has been called one of the world's most durable duopolies. Duterte, known as a populist, threatened the country's telecoms sector with privatizations in his last state of the union address. Then there were three: Filipino operators Smart and Globe now have a new, China-backed, sister to contend with. And just to subtly underscore the point, Dito launched its mobile services first in Cebu and Davao – the president's home region. Duterte, soon after...