Bulacan’s agricultural communities received significant assistance from the United Arab Emirates (UAE) to help them recover from the impacts of Tropical Storm Kristine. Governor Daniel R. Fernando and Vice Governor Alexis C. Castro together with some of the 3,000 Bulakenyo farmers who received...
Local investment house Unicapital Group sees the Philippine economy growing by 6.3 percent next year, with inflation falling to 3.1 percent, which is expected to propel the Philippine Stock Exchange Index (PSEi) to the 8,000 level. While the group holds a positive outlook for 2025, it acknowledges...
Rural Bank of Sta. Rosa (Laguna) Inc., a subsidiary of homegrown financial technology (fintech) company Salmon Group Ltd., has grown by double-digits its deposits from rich clients as well as loans to blue-collar workers during the first nine months of 2024. Salmon co-founder and the bank’s chair...
Max's Group Inc. (MGI), the Philippines' largest casual dining restaurant group, has announced the resignation of its Chief Finance Officer, Treasurer, and Corporate Information Officer, Roberto Joaquin P. Ramos . In a disclosure to the Philippine Stock Exchange (PSE), the company stated that Ramos...
Tanco-led STI Education Services Group Inc. (STI ESG) has retained the Issue Credit Rating of PRS A plus from Philippine Rating Services Corporation (PhilRatings) for its outstanding bond issuance of P820 million. PhilRatings said this is based on its on-going and initial review of the account...
Metro Retail Stores Group Inc. (MRSGI) of Cebu’s Gaisano family suffered a 19.6 percent drop in net income to P204.7 million in the first nine months of 2024 from P254.6 million in the same period last year. In a disclosure to the Philippine Stock Exchange (PSE), the firm said the decline in...
Ford Maverick hybrid pickup Electrified vehicles are certainly on Filipino car buyers’ radar, but they won’t quite make the leap yet until the infrastructure is improved. As part of its multi-market research, Ford conducted a survey through global research and analytics consultancy, Escalent in...
Food and beverage holding company Figaro Coffee Group Inc. (FCG) posted a 17 percent growth in net income to P103.5 million for the first quarter of its fiscal year ending June 30, 2025. In a disclosure to the Philippine Stock Exchange (PSE), the firm said its strong momentum in fiscal year 2024...
BDO Corporate Center Makati, the towering exoskeleton building (Artist's perspective) Scheduled to be completed in 2028, the BDO Corporate Center Makati will stand as a landmark skyscraper in the heart of the Makati Central Business District (MCBD). O n November 15, 2024, BDO...
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...
PH Resorts Group Holdings Inc., the hotel and casino business unit of Davao tycoon Dennis A. Uy, continues to hold “strategic investor discussions with several parties” for partnerships in, or acquisition of, its integrated resorts while raising funds to meet its obligations. In a disclosure to...
Suntrust Resort Holdings Inc., a partnership between LET Group Holdings and Megaworld Corporation, reported that its net loss increased 15 percent to P477.56 million in the first nine months as it continues to spend for the development of its $1.1 billion resort and casino project in Parañaque....
