Local retail electricity provider MPower will now supply renewable energy to the hotels, resorts, and real estate businesses of Alliance Global Group, Inc. (AGI). The unit of Manila Electric Co. (Meralco) said it has finalized an agreement to provide a combined total of 100 megawatts (MW) of...
Billionaire Andrew Tan’s investment arm Alliance Global Group Inc. (AGI) registered an 18 percent net income growth to P20.1 billion during the first nine months of 2023 from the P17.1 billion earned during the same period last year. In a disclosure to the Philippine Stock Exchange (PSE),...
Billionaire Andrew Tan’s township developer Megaworld Corporation reported a 39 percent growth in net income to P13.5 billion in the first nine months of 2023 as it posted double-digit growth across all core business segments. In a disclosure to the Philippine Stock Exchange (PSE), the firm said...
Billionaire Andrew Tan’s leisure development business Global-Estate Resorts Inc. (GERI) reported that its net income was up slightly to P1.5 billion in the first nine months of 2023 from the P1.45 billion earned in the same period last year. In a disclosure to the Philippine Stock Exchange (PSE),...
Tycoon Andrew Tan’s Megaworld Corporation is expecting to generate revenues amounting to P29 billion upon the completion by 2032 of its sixth residential condominium tower within its 15.4-hectare Uptown Bonifacio township in Taguig City. In a disclosure to the Philippine Stock Exchange...
Tycoon Andrew Tan-led Alliance Global Group Inc. (AGI) surpassed its pre-pandemic performance with net income rising 19 percent to P14.2 billion in the first six months of 2023 from its year ago level of P12 billion. In a disclosure to the Philippine Stock Exchange, the firm said this was achieved...
“Nobody knew who I was before McDonald’s." Thus, recounted George T. Yang who pioneered the fastfood chain business in the Philippines which catapulted him to fame and fortune. McDonald's Philippines Master Franchisee George T. Yang Now one of the country’s best-known tycoons, he fondly...
Real estate and spirits magnate Andrew Tan’s Megaworld Corporation reported a 31 percent growth in net income to P8.8 billion in the first half of 2023 from P6.7 billion in the same period last year. In a disclosure to the Philippine Stock Exchange, the firm said higher profits were seen as the...
Property and spirits magnate Andrew Tan’s real esate investment trust MREIT, Inc. improved its distributable income by 12 percent to P1.4 billion during the first half of 2023. In a disclosure to the Philippine Stock Exchange, the Megaworld-sponsored REIT said its revenues grew by 15 percent to...
DAVOS, Switzerland — Two of the Philippines' top business tycoons agreed that President Ferdinand "Bongbong" Marcos Jr. has been successfully showcasing the Philippines on the global stage at the ongoing World Economic Forum (WEF) here. President Ferdinand 'Bongbong' Marcos Jr. meets...
ZURICH, Switzerland — President Ferdinand "Bongbong" Marcos Jr.'s investment pitch for the Philippines received "a very positive response" from some of the world's top chief executives and investment experts, Malacañang said. President Ferdinand 'Bongbong' Marcos Jr. (Malacañang photo)...
But first New Year greetings from eight of the icons of the Philippine private sector (Cover design by Jovanni Bernasol) In the OCTA Research-organized, Tugon ng Masa (TNM) National Survey conducted between Oct. 23 and 27, 2022 through face-to-face interviews with 1,200 male and female Filipinos 18...
