ABS-CBN, TV5 to 'pause' investment deals
ABS-CBN, TV5 to ’pause’ investment deals
Source: sunstar.com.ph
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CCBPI: Sugar shortage hurts operations - BusinessMirror
Coca-Cola Beverage Philippines Inc. (CCBPI) confirmed to the BusinessMirror that its bottling operations have been hit by the shortage of premium bottler’s grade refined sugar. “CCBPI confirms that the supply shortage of bottler’s grade sugar has affected the capability of some of our bottling plants to continue producing some products,”…
Source: businessmirror.com.ph
ABS-CBN, TV5 pause investment talk to clear issues with regulators
Media giant ABS-CBN Corp. has hit a roadblock in its plan to return to free TV, as its investment talks with Pangilinan-led TV5 Network Inc. had to be paused to give way to regulatory checks.
Source: philstar.com
Supply chain issues reduce Phinma income in January-June
Conglomerate Phinma Corp. said its attributable income fell 7 percent to P406.83 million in the first half from last year’s P439.34 million due to rising costs. Revenues grew 10 percent to P8.63 billion for the period from last year’s P7.83 billion, supported by higher enrollment figures and the strong performance…
Source: businessmirror.com.ph
ABS-CBN, TV5 pause deal as solons question tie-up
ABS-CBN Corp. and TV5 Network Inc. have agreed to put on hold the completion of their partnership deal. “To address the issues which have been raised by certain legislators and the National Telecommunications Commission (NTC) on the proposed investment by ABS-CBN for a minority interest in TV5, ABS-CBN and TV5…
Source: businessmirror.com.ph