Metro Retail Stores Group Inc. (MRSGI) of Cebu’s Gaisano family reported a 27 percent drop in net income to P100.4 million in the first half of 2024 from P136.8 million in the same period last year. In a disclosure to the Philippine Stock Exchange (PSE), the firm explained that “despite the...
Razon-led firm Primelectric Holdings, Inc (PHI) has acquired the 70 percent majority stake in Bohol Light Company Inc. (BLCI), a power utility servicing Tagbiliran City that was divested by SPC Power Corporation, a company chaired by businessman Alfredo Henares. Following the shares unloading of...
Max’s Group, Inc. (MGI), an owner of several casual dining chains, reported a 33.3 percent drop in net income to P164 million in the first half of the year from the P246 million earned in the same period last year as costs rose while sales remained flat. Based on the firm’s financial report...
On account of higher finance charges that it incurred due to direct equity acquisitions, the net income of Yuchengco-led of PetroEnergy Resources Corporation (PERC) had declined 11% to P527 million in the first half of the year from heftier P591 million in the same period last year. The company...
Century Properties Group Inc. (CPG) of the Antonio family reported a 64 percent surge in consolidated net income to P1.07 billion for the first half of 2024 from P0.66 billion in the same period last year. In a disclosure to the Philippine Stock Exchange, the firm said this growth level is...
Alliance Global Group Inc. (AGI), the investment holding company of tycoon Andrew Tan, posted a four percent dip in attributable net income to P8.8 billion in the first half of 2024 from P9.2 billion in the same period last year. In a disclosure to the Philippine Stock Exchange, the firm said...
LT Group Inc. (LTG), the investment arm of taipan Lucio Tan, said its attributable net income for the first half of 2024 remained almost flat at P12.80 billion from P13 billion in 2023 as a majority of its subsidiaries posted higher profits during the period. In a disclosure to the Philippine Stock...
BamBam grabbed the No. 1 spot on the weekly album chart in South Korea with his new album. The Thai singer and member of K-pop group GOT7 released his third mini-album “Bamesis” on Aug. 8. According to Korea’s Hanteo Chart, “Bamesis” is the No. 1 album for the weekly chart...
Jaime Cura With decades of expertise in the property market, Jaime Cura stands as a towering figure, blending wisdom, experience, and forward-thinking vision. As vice-chairman of the RGV Group of Companies, chairman and president of Neo Calapan Realty Corporation, and CEO of the Chamber of Real...
International hotel brand Radisson Hotel Group is set to enhance its impressive portfolio with the addition of three new hotels, showcasing its expanding presence and commitment to key travel destinations in the Philippines. With over 1,360 hotels in operation and under development across EMEA and...
KUALA LUMPUR, Malaysia—Elevating tourism within the region was the center of interest during the 57th ASEAN Day celebration here where dignitaries and an ASEAN airline firm committed to contribute to the cause. Celebration of the 57th ASEAN Day in Kuala Lumpur Malaysia (Betheena Unite)...
SM Supermalls and the Department of Trade and Industry (DTI) have joined forces to create a beacon of hope for Micro-, Small, and Medium Enterprises (MSMEs) affected by Typhoon Carina. The DTI-SM MSME Calamity Recovery Care Center offers a comprehensive suite of services designed to help businesses...
