Listed mining firm OceanaGold (Philippines) Inc. reported a 13 percent growth in net income to $30.3 million last year from $26.8 million in 2023 as higher metal prices partly offset the impact of lower ore grades and bad weather at its Didipio mine. In a disclosure to the Philippine Stock...
Saudi Arabia's Aramco, a global energy leader, is investing in Unioil Petroleum Philippines, Inc., bolstering the 58-year-old company's growth and solidifying its position as a leading fuel retailer. In a statement, Unioil confirmed that Aramco, which divested its stake in Petron Corp. nearly two...
MGen Renewable Energy Inc. (MGreen), the renewable energy unit of Meralco PowerGen Corporation (MGen), has energized its 19.8-megawatt alternating current (MWac) solar power plant in Bongabon, Nueva Ecija. Inaugurated on Tuesday, Feb. 18, the plant is expected to supply power to at least 20,000...
Azure North is a 7.8-hectare estate by Century Properties Group located at the heart of San Fernando, Pampanga. (Artist’s perspective) Imagine a place where modern living meets family-friendly recreation—a resort-style community that feels like an endless vacation. In Central Luzon, that vision...
Figaro Coffee Group (FCG), a leading player in the Philippine food and beverage industry, expects further growth this year after strong earnings in the fourth quarter of 2024. In a disclosure to the Philippine Stock Exchange (PSE), the company said that with total assets of ₱5.47 billion, FCG is...
The Securities and Exchange Commission (SEC) has approved the planned offering by Filinvest Land Inc. of peso denominated fixed rate bonds worth up to ₱12 billion. The offering, a ₱9 billion base and a ₱3 billion over-subscription option of up to ₱3 billion, consists of five-year bonds due...
Real estate giant Ayala Land Inc. reported that its Nuvali Estate and the City Government of Santa Rosa have signed a Memorandum of Understanding (MOU) to establish a new two-hectare Santa Rosa Civic Complex in Nuvali. In a statement, ALI said this partnership reinforces Nuvali’s position as the...
Darmae Tan (center) with fellow SM scholars at the Alumni Homecoming 2024. By DEBBIE P. SY As we step into 2025, the stories and milestones of the past year remind us why we began our mission at SM Foundation—and why we continue to move forward. The impact of our programs in 2024...
SM Prime Holdings Inc., a leading integrated property developer in Southeast Asia, reported a record consolidated net income of ₱45.6 billion last year, a 14 percent increase from the ₱40 billion earned in 2023. In a disclosure to the Philippine Stock Exchange, the company said its double-digit...
One Filinvest Filinvest Land, Inc. (FLI) continues its strong momentum, expanding its presence across the Philippines with strategic projects and innovative offerings. Focused on delivering sustainable, value-driven developments, FLI aims to help more Filipinos achieve their dream homes while...
SM Foundation and German-Philippine Chamber of Commerce and Industry partner on workforce development. (L-R) German-Philippine Chamber of Commerce and Industry (GPCCI) Dual Training & Education and Special Services Director Kristina Silan, GPCCI board member Tristan Loveres, GPCCI...
While the recent rout in the stock market has brought stock prices down to attractive levels, uncertainties over trade and monetary policies are dampening investor sentiment. According to 2TradeAsia.com, the Bangko Sentral ng Pilipinas’ signalling that it may push back the next rate cut well into...
