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ICT To Invest in Iraq

The local equities market closed higher for the third consecutive day on bargain-hunting as investors collectively anticipated quarter-end window dressing.

The PSEi continued its upward momentum, increasing by 31.08 points, or +0.46% to close at 6,793.07.

asia stock markets 4 ICT To Invest in Iraq Read the rest of this entry »

FMIC Profits Can Reach 3B

First Metro Investment Corp. (FMIC) stated that its profit for 2014 could be as much as Php3 billion.

FMIC President Roberto Juanchito T. Dispo noted that the firm will probably hurdle Php2.5 to Php3 billion for 2014 which is the range of income the firm normally produces.

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SCC Anticipates Higher Net Income

Semirara Mining Corp. (SCC) is anticipating its consolidated net income to double in the first quarter to Php2 billion, compared to the Php1 billion in the first quarter of 2013.

According to Semirara Vice-President and Chief Finance Officer Junalina S. Tabor, the growth drivers would primarily be from the coal business since the company has resumed mining operations, producing higher volume and reduced costs.

scc SCC Anticipates Higher Net Income Read the rest of this entry »

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