Meg Adonis - Profile and Journalist Details
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Meg Adonis
Verified
Reporter, Philippine Daily Inquirer
Beats
PoliticsEconomics
Content
By Meg Adonis| Philippine Daily Inquirer Verified MANILA, Philippines — Losses from trading activities amid geopolitical unrest offset growth in the lending business of Philippine Business Bank (PBB) last year. PBB’s bottom line ended flat at P1.8 billion. PBB said in a regulatory filing its core earnings had grown by 10.9 percent to P3.4 billion. These cover interest income, service fees and miscellaneous income.
By Meg Adonis| Philippine Daily Inquirer Verified MANILA, Philippines — DoubleDragon Corp. is expanding into the grocery business via MerryMart Consumer Corp. in a P1.28-billion deal seen expanding the developer’s ecosystem. The property venture of tycoons Edgar “Injap” Sia II and Tony Tan Caktiong disclosed to the stock exchange on Wednesday it would buy 2.66 billion common shares of MerryMart held by Injap Investments Inc., the holding company of Sia.
By Meg Adonis| Philippine Daily Inquirer Verified MANILA, Philippines — Despite steady consumer demand, expenses related to store closures cut the earnings of restaurant chain Max’s Group Inc. last year by 13.8 percent to P419 million. In its annual report, Max’s said revenues had inched up by 1.7 percent to P12.2 billion. Article continues after this advertisement System-wide sales were flat at P18.7 billion as steady consumer demand softened the impact of Max’s leaner store network.
Company Info
Philippine Daily Inquirer
The Philippine Daily Inquirer (PDI) is a prominent English-language newspaper in the Philippines, established on December 9, 1985, by a group of journalists. It is recognized for its balanced reporting and has played a significant role in the country's history, notably during the ousting of President Ferdinand Marcos in 1986. PDI publishes a daily broadsheet that covers national and international news, opinion pieces, sports, and entertainment. In addition to its print edition, it provides digital content, offering real-time news updates and features through various multimedia platforms. The newspaper has a substantial readership, reaching approximately 1,979,000 copies in circulation and appealing to a diverse audience across the Philippines. The company is headquartered in Makati, Metro Manila, and is part of the Inquirer Group of Companies.
Makati, Metro Manila, Philippines
632-897-8808
Founded: 1985