The Tantoco family’s upscale retailer SSI Group Inc. is more optimistic of its prospects next year compared to 2024 even as it continues to expand its food service portfolio to include the Venchi chocogelateria. In an interview, SSI President and CEO Anton T. Huang said, “I remain optimistic...
Filinvest Development Corporation (FDC), the holding company of the Gotianun Group, reported a 59 percent jump in attributable net income to P9.5 billion in the first nine months of 2024 from the P5.9 billion earned in the same period last year. In a disclosure to the Philippine Stock...
The Philippine government has summoned China’s envoy to Manila to protest Beijing’s baseline claim over the territorial sea of waters adjacent to Panatag Shoal, a feature within the country’s exclusive economic zone (EEZ). The move, taken by the Department of Foreign Affairs (DFA), was made...
Dismissed Bamban, Tarlac Mayor Alice Guo may have had great help in her escape from the Philippines in the possibility that Huang Zhiyang, her business partner may be linked to the so-called Chinese Triad, according to Senator Sherwin Gatchalian. "Possible yan. (It's possible). I don't have any...
Presidential Anti-Organized Crime Commission (PAOCC) Executive Director Gilbert Cruz on Thursday, Sept. 12, said that Chinese fugitive Huang Zhiyang, whom he confirmed as the “boss of all bosses” of Philippine Offshore Gaming Operators (POGOs) engaged in criminal activities, is now in Taiwan....
Filinvest Development Corporation’s (FDC), the Gotianun family’s investment holding company, registered a 41 percent jump in attributable net income to P5.5 billion in the first half of 2024 from P3.9 billion in the same period last year. In a disclosure to the Philippine Stock Exchange,...
Filinvest Development Corporation (FDC), the investment arm of the Gotianun Group, reported a 36 percent hike in attributable net income to P2.9 billion in the first quarter of 2024 from P2.2 billion in the same period last year. In a disclosure to the Philippine Stock Exchange, the firm said...
Filinvest Development Corporation (FDC), the investment holding company of the Gotianun family, is confident of achieving its earnings growth target of at least 20 percent in the next five years. During the firm’s annual stockholders’ meeting, FDC President and CEO Rhoda A. Huang said “FDC...
SSI Group, the Tantoco family’s retail business holding company, continued to post record growth with net income rising 34 percent to hit an all-time high of P2.58 billion last year as consumer spending sustains its recovery. In a disclosure to the Philippine Stock Exchange (PSE), the firm...
Filinvest Development Corporation (FDC), the investment holding company of the Gotianun family, expects its profits to reach or exceed the pre-pandemic (2019) level this year in line with the domestic economy’s continued growth. In an interview, FDC President and CEO Rhoda A. Huang said...
Filinvest Development Corporation (FDC), the investment arm of the Gotianun Group, is allotting P20 billion to P25 billion for capital expenditures this year as it expands its property, renewable energy and hospitality businesses. In an interview, FDC President and CEO Rhoda A. Huang said the...
Filinvest Development Corporation (FDC), the flagship firm of the Gotianun family, expects to sustain the strong growth it posted in 2023 when attributable net income jumped 58 percent to P8.9 billion last year from the P5.7 billion earned in 2022. In a disclosure to the Philippine Stock Exchange...