Posts Tagged by fiscal-year

Robinsons Land unveils record capex budget

MANILA, Philippines?The Gokongwei-led property developer Robinsons Land Corp. has set a record capital spending budget of P30 billion through its upcoming fiscal year ending September 2012, primarily to boost landbanking and expand all business segments. Part of the funding… Read More

PAL says pilot trouble will hit bottom line

MANILA, Philippines?Philippine Airlines may post a loss in its current fiscal year because of pilot trouble that led to flight cancellations, its listed parent said Wednesday. The flag carrier had said it expected to return to profitability in the 12 months to March 2011 after posting a net loss of 14.3 million dollars… Read More

Alliance One International Reports Record Revenue, Gross Profit, and Operating Income for Fiscal Year 2010

Related PostsMemphis Int’l Festival salutes the Philippines Cebu church designs logo for St. Calungsod Aquino slams two-faced judiciary on Edsa day Oil firms told to stock up, step up imports… Read More

Philippine Airlines to cut workers after big loss

(AP) – MANILA, Philippines – National carrier Philippine Airlines said Thursday it will cut its work force by offering early retirement as a cost-cutting measure after suffering more than $301 million in losses. “We want to make PAL lean and mean so it will be agile and flexible enough to adapt to the new economic climate,” company president Jaime J. Bautista said in a statement. Read More