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Bacolod City, PhilippinesSaturday, June 15, 2013
PLDT posts 12% hike in
net income for 2012

MAKATI City-Philippine Long Distance Telephone Company President and Chief Executive Officer Napoleon Nazareno reported here yesterday the increase of the firm's net income by 12 percent in 2012.

Nazareno, who spoke during PLDT's annual stock Holder's meeting at the Shangrila hotel, said their net income last year was P35.4 billion while it was only P31.6 billion in 2011.

He said that at the end of last year, PLDT's total customer base grew to 75 million from 69 million in 2011 with cellular subscribers, which already reached 70 million, topping the lists.

Sun offering more
‘Sundroid' promos

Sun Cellular added another choice to its roster of Sundroid Rush offerings with the launch of the Samsung Galaxy Grand smartphone and Samsung Galaxy Note 8.0 tablet bundle.

With this new offering, users can enjoy the power of Android even further and experience everyday life with more fun, efficiency and productivity, a press from the firm said.

The Samsung Galaxy Grand runs on Android 4.1 Jelly Bean operating system with 1.2 GHz Dual-Core processor.

Consumer outlook
still negative for Q2

Results of the Bangko Sentral ng Pilipinas' Consumer Expectations Survey from the second quarter showed an overall negative perception.

But BSP Assistant Governor Cyd Tuano-Amador said that the result of the recent survey is the “most bullish” to date, with those from the high income group, or those with family income of P30,000 and over, registering the highest optimism.

The BSP justified that although still in negative, the main index registered an all-time-high level of -5.7 percent.

Business
ButtonMore integrated ASEAN economy urged
Button Sun offering more ‘Sundroid' promos
Button Consumer outlook still negative for Q2

Button Peso rebounds, closes at 42-level
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