Listed mining firm OceanaGold (Philippines) Inc. (OGP) has remitted ₱466.86 million in additional government shares (AGS) to the national government, as stipulated in the company’s financial or technical assistance agreement (FTAA). In a statement on Thursday, May 1, OGP said this brings the...
SM Prime Holdings Inc., one of Southeast Asia’s largest integrated property developers, may begin the horizontal development of its 360-hectare Integrated Property Development in Manila Bay as early as the start of next year. According to SM Prime President and CEO Jeffrey C. Lim they will...
Real estate giant Ayala Land Inc.’s four large-scale Southern Luzon estates, led by Nuvali, represent the blueprint for its broader strategy to expand its footprint outside Metro Manila while supporting regional development. “As demand shifts outward from Metro Manila, Ayala Land’s Southern...
Suzuki Philippines treated motorcycle enthusiasts at the Makina Moto Expo 2025 to quite a show as it showcased its latest models. The three-day event highlighted the eagerly awaited preview of the DR-Z4S and DR-Z4SM models, showing a glimpse of what to come in Suzuki’s higher displacement...
Aboitiz Power Corp. (AboitizPower) reported a dip in its net income contribution to its parent, Aboitiz Equity Ventures, Inc. (AEV), during the first quarter of 2025. In a disclosure to the Philippine Stock Exchange on Tuesday, April 30, the company said lower prices in the Wholesale Electricity...
The Kicks e-Power gets turned into a canvas for creativity. Here’s what the Nissan Kicks e-Power would look like when turned into a street artist’s canvas. Local artist, Zebor, translated his energetic visual style and thought-provoking murals into a work of rolling art that represents themes...
Gokongwei-led Robinsons Retail Holdings, Inc. is seeing a recovery as its customers are now making bigger purchases at their wide array of stores that includes supermarkets, appliances, pharmaceuticals, and fashion/apparel. “This year is off to a strong start, with the ongoing recovery in basket...
SM Prime Holdings, Inc. (SM Prime), one of Southeast Asia’s largest integrated property developers, is confident of sustaining its first quarter performance as it continues to expand its core mall, residential, office, and hotels and convention center businesses. “We do not give full-year...
Sy-led SM Prime Holdings Inc., one of Southeast Asia’s largest integrated property developers, is banking on the popularity of its malls to provide a strong anchor in its planned diversification and expansion into integrated property developments (IPDs), particularly outside of Metro Manila....
Ferronoux Holdings Inc. reported that not a single minority shareholder availed of the tender offer, as its market price is several times higher than the tender offer price of ₱2.22 offered by the controlling shareholder, Themis Group Corporation. In a disclosure to the Philippine Stock Exchange,...
The Philippines reported a robust 5.6 percent gross domestic product (GDP) growth in 2024—the highest in the ASEAN region. From 2021 to 2023, the country also allocated the highest national budgets among ASEAN nations (surpassing even Singapore) and tied for second with Malaysia in 2025, just...
Degraded forest cover in major parts of the country will once again grow as a major telecommunications firm has committed to support the Department of Environment and Natural Resources (DENR) in its Forests for Life: 5M Trees by 2028 initiative. DENR photo The DENR said the program aims to restore...