The company directors are appointed through a rigorous process, and the board members elect them according to the procedure specified in their bylaws. Directors overlook the company’s transactions and routine businesses and are held responsible for any of the company’s faults. This is one of the most prestigious positions in a corporation, and it comes with its fair share ...

Carl Esprey is CEO of Botanical Holdings looks at the medicinal cannabis investment prospects in 2021. What does the cannabis industry have in store over the next year? And how does this impact medicinal cannabis investment strategies? From the impact of COVID-19 and the changes Brexit has made, to the fast- developing legislation in the Americas, there are many ...

The Philippines' gross domestic product (GDP) fell by an annual 4.2% in the first quarter. -- PHILIPPINE STAR/ MICHAEL VARCASTHE PHILIPPINE economy contracted more than expected in the first quarter, extending the recession to five straight quarters as the pandemic dragged on, data from the Philippine Statistics Authority (PSA) showed on Tuesday. The country's gross domestic product (GDP) fell by ...

Socioeconomic Planning Secretary Karl Kendrick T. Chua earlier on Tuesday said the seven-week long lockdown in Metro Manila and adjacent provinces pose a downside risk to the government's growth targets for 2021. -- PHILIPPINE STAR/ MICHAEL VARCASBy Beatrice M. Laforga, Reporter THE Philippine economy may have to grow by at least 10.1% in the remaining three quarters to reach the ...

PRESIDENT Rodrigo R. Duterte placed the Philippines under a state of calamity for one year due to the spread of African Swine Fever. -- PHILIPPINE STAR/ MICHAEL VARCASBy Kyle Aristophere T. Atienza and Revin Mikhael D. Ochave, Reporters PRESIDENT Rodrigo R. Duterte has approved measures seeking to boost the supply of pork in the country as the domestic hog industry ...

Car sales were affected by the reimposition of stricter lockdown measures in Metro Manila and adjacent provinces. -- PHILIPPINE STAR/ MICHAEL VARCASVEHICLE SALES surged in April from the extremely low base a year ago when Luzon was placed under the strictest form of lockdown, according to industry data. A joint report from the Chamber of Automotive Manufacturers of the Philippines, ...

DMCIHOLDINGS.COM DMCI Holdings, Inc. reported on Tuesday a consolidated core net income of P4.1 billion in the first quarter, or more than four times the level a year ago, with the "exceptional" performance of its real estate and mining units. "We had a better-than-expected Q1 (first quarter) because of higher construction accomplishments and better coal sales. With the exception of ...

BW FILE PHOTO PILIPINAS Shell Petroleum Corp. expects to see demand for fuel products to go back to pre-COVID-19 levels by 2022 if the government's health measures turn out positively, company officials said. "We are aspiring to grow our... earnings in line or at least higher than the projected GDP (gross domestic product) growth rates of the country. If the ...

LT Group, Inc. (LTG) posted a 4.5% growth in net attributable income to P6.49 billion in the first quarter, it said on Tuesday, with the tobacco business largely boosting the listed conglomerate of Lucio C. Tan. In a statement, LTG said its tobacco segment accounted for P5.01 billion or 77% of the company's total attributable income, while its net income ...

BW FILE PHOTO GROCERY operator Puregold Price Club, Inc.'s net income grew by 14.6% to P2.02 billion in the January-to-March period from P1.76 billion year on year despite posting a decline in net sales. "This was principally driven by the continuous organic expansion of the group's grocery retail outlets, strategic cost management, and sustained consumer demand," Puregold said in a ...

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