Tag: sales
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MMDA Clarifies No Ban on Mall-Wide Sales Amid Christmas Traffic Measures
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MANILA, Philippines — The Metropolitan Manila Development Authority (MMDA) clarified on Tuesday that it has not implemented a ban on mall-wide sales to reduce traffic congestion during the Christmas season. During a Senate committee on public services hearing, traffic enforcement group director Victor Nuñez explained that MMDA Chairman Romando Artes…
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Vehicle sales jump 6.1% in July amid new launches and better supply
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VEHICLE SALES in the Philippines jumped by an annual 6.1% in July, driven by new launches and supply availability, according to an industry report.
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Globe Telecom’s tower sales reach P85.2 billion
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AYALA-LED Globe Telecom, Inc. said it has generated P85.2 billion from its tower sales after fully transferring some of its tower assets to Frontier Tower Associates Philippines, Inc. (Frontier Towers). “These tower assets are composed of 84% ground-based towers and 16% rooftop towers,” Globe said in a stock exchange disclosure…
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New vehicle sales rise by 5.5% in May
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PHILIPPINE AUTOMOTIVE SALES rose by an annual 5.5% in May, amid “good consumer demand,” according to an industry group.
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SMA Group Kicks Off 2024 Fiscal Year with Sales and Profitability in Line with Expectations
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SMA Solar Technology AG completed the first quarter of 2024 in line with expectations. Group sales totaled €361.8 million and were thus at the same level as the previous year (Q1 2023: […] The post SMA Group Kicks Off 2024 Fiscal Year with Sales and Profitability in Line with Expectations appeared first…
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Meralco Q1 net income up on higher energy sales
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MANILA Electric Co. (Meralco) recorded an 18.9% increase in its consolidated net income to P9.6 billion for the first quarter (q1) of the year, driven by energy sales and growth in other business segments. “[The increase was] due to higher energy sales volume of the distribution business and ongoing contributions…
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PHL vehicle sales growth slows in March
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By Justine Irish D. Tabile, Reporter PHILIPPINE AUTOMOTIVE sales rose by 1.6% to 37,474 units in March, the slowest in over two years amid elevated interest rates, an industry report showed. A joint report by the Chamber of Automotive Manufacturers of the Philippines, Inc. (CAMPI) and Truck Manufacturers Association (TMA)…