Property developer Sta. Lucia Land Inc. is planning to launch at least 20 residential developments nationwide plus a hotel and a condotel in Baguio City this year as it looks to book another year of record profits. In an interview, Sta. Lucia Chief Finance Officer David de la Cruz said the launches...
Ayala Land Premier (ALP), the upscale subsidiary of real estate giant Ayala Land Inc., reported strong demand for its luxury residences, with its Nuvali and Davao developments generating ₱4.7 billion in sales in just one week. The firm said in a statement that demand for this segment remains...
AyalaLand Logistics Holdings Corp. (ALLHC), an Ayala Land, Inc. (ALI) subsidiary, aims to augment its growth this year by increasing its industrial park footprint with expansions for existing Technoparks. In a disclosure to the Philippine Stock Exchange, the firm said it also expects the...
James L. Go, Chairman of the Gokongwei Group’s flagship JG Summit Holdings Inc., has been bargain-hunting and scooped up ₱48.13 million worth of shares of subsidiaries Robinsons Retail Holdings Inc. (RRHI) and Universal Robina Corporation (URC) this week. As stock analysts are optimistic about...
Razon-led gaming firm Bloomberry Resorts Corporation is projected to save approximately ₱900 million annually due to the refinancing of loans used to fund the construction of Solaire Resort North. "The company is not in any sort of debt or cash flow crisis. In fact, the (₱40 billion)...
Japan’s Mitsubishi UFJ Financial Group (MUFG) has finalized a $400 million investment in the parent company of GCash, the Philippines’ leading e-wallet, raising its valuation to $5 billion. In a disclosure to the Philippine Stock Exchange (PSE), Globe Telecom said that Globe Fintech Innovations...
While 2025 is expected to be a promising year for the country due to an anticipated consumption rebound, the Unicapital Group has lowered its year-end target for the Philippine Stock Exchange index (PSEi) to 7,800 from 8,000. In a briefing, Unicapital Securities Inc. Head of Research Wendy...
Carlo Santos, Globe Senior Director for Analytics and Stakeholder Engagement, talks about Globe's programs aimed at keeping children safe online at a multi-stakeholder presser held to kickoff the commemoration of Safer Internet Day, Feb. 11, 2025. Globe has called for stronger collaboration...
Ayala Corporation and San Miguel Corporation led 29 Philippine conglomerates and businesses that made it to Time magazine and Statista’s inaugural 500 Best Companies in Asia-Pacific for 2025. The ranking of 500 of the Asia-Pacific’s best companies by Time and Statista is based on a formula of...
Metro Retail Stores Group, Inc. (MRSGI), the supermarket and department store chain of Cebu’s Gaisano family, is optimistic about its growth opportunities in the Visayas. In a disclosure to the Philippine Stock Exchange, the firm said it is aggressively expanding its retail network through...
Publicly-listed property developer Sta. Lucia Land Inc. is allotting ₱3 billion to ₱5 billion for capital expenditures this year as it aims to expand its presence nationwide to drive annual revenue growth. The firm said in a statement that part of the capex will fund the expansion of its...
From left: Ms. Nancy Almasco, Marketing Director, FlowerStore.PH; Saul Molla, CEO, FlowerStore.PH; Miguelito Jose, Managing Director, Jetour Auto Philippines; Ms. Cherry May De Los Santos, Marketing Director, Jetour Auto Philippines. Those who go the extra mile to show their love with flowers this...
