Business

Business

Converge joins MSCI Global Standard Index

Converge ICT Solutions Inc. (PSE: CNVRG) is the only Philippine company which has been added in the highly-watched MSCI Global Standard Indexes in its latest rebalancing announced on May 12, 2022 in Geneva, Switzerland.

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Business

MREIT’S Distributable Income up 18% QoQ to P639-M in Q1 2022

MREIT, Inc., the REIT company of the country’s largest office landlord Megaworld, registered distributable income amounting to P639.0 million, for the first quarter of 2022. This translated to an 18% growth as compared to the previous quarter as the company’s recent acquisitions provided their first full quarter contribution during the period.

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CL economy begins recovery amid pandemic

The Philippine Statistics Authority (PSA) reported that Central Luzon’s economy grew to P2.02 trillion in 2021 from P1.88 trillion in 2020, translating to a 7.4 percent increase in 2021 from a 13.9 percent decline in 2020.

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