LT Group Inc. (LTG), the holding company of taipan Lucio Tan, reported a 4.9 percent improvement in consolidated net income to P26.67 billion for the first nine months of 2024 from P25.42 billion in the same period last year. In a disclosure to the Philippine Stock Exchange (PSE), the firm said its...
Suzuki Philippines invites you to explore its exciting lineup and experience the latest in hybrid technology firsthand as it joins the 2024 Auto Focus Pre-Christmas Test Drive Festival. The family-friendly event is happening at the Mall of Asia (MOA) concert grounds from November 14 to 17, 2024....
Leading VisMin developer Cebu Landmasters Inc. (CLI) reported a seven percent improvement in attributable net income to P2.3 billion in the first three quarters of 2024 from the P2.2 billion earned in the same period last year. In an online media briefing from Cebu, CLI Executive Vice President and...
When Super Typhoon Yolanda devastated the Visayas region in 2013, it swept away not only homes but also dreams. Yet, for five resilient young dreamers from Leyte, the storm marked the start of an extraordinary journey. These achievers, all SM Foundation College Scholar-alumni from Saint Paul School...
Lucio Co-led The Keepers Holdings Inc., the largest imported liquor distribution in the Philippines, is planning to acquire 100 percent of premium beer importer Booze On-Line Inc. for an undisclosed amount. In a disclosure to the Philippine Stock Exchange (PSE), Keepers said the price is below 10...
Cosco Capital Inc., the retail holding firm of tycoon Lucio L. Co, reported a 10 percent increase in consolidated net income to P10 billion for the first nine months of 2024 from P9.1 billion in the same period last year. In a disclosure to the Philippine Stock Exchange (PSE), the firm attributed...
Sy-led SM Prime Holdings Inc., a leading integrated property developer in Southeast Asia, reported a 12 percent increase in consolidated net income to P33.9 billion in the first three quarters of 2024 from P30.1 billion in the same period last year. In a disclosure to the Philippine Stock Exchange...
Ayala-led Globe Telecom Inc. is optimistic about achieving its growth target of low to mid-single digits for the full year of 2024, due to strong performance over the past nine months. Globe's Chief Finance Officer, Carlo Puno, stated during an online news briefing on Monday, Nov. 11, “the growth...
E-wallet operator GCash has fully restored funds that were inadvertently debited from some users due to an error in its system reconciliation process over the weekend. Ernest Cu, president and chief executive officer of GCash’s parent company, Globe Telecom Inc., told reporters during an...
While still ironing out some kinks, Maynilad Water Services Inc. is committed to launching its initial public offering (IPO), estimated at $1 billion, within 2025, and will file its application with regulators by the first quarter. “Yes, we are poised to list next year. Our target is to be...
Real estate developer Sta. Lucia Land Inc. is raising P7.5 billion in the form of loans from four banks while planning to enter into six joint ventures for the development of property amounting to almost 100 hectares. In a disclosure to the Philippine Stock Exchange (PSE), the firm said its board...
Filinvest Land Inc. (FLI), a property development arm of the Gotianun Group, is ramping up its expansion in the Visayas with the launch of new residential projects within its townships in Iloilo and Dumaguete. The firm disclosed to the Philippine Stock Exchange (PSE) that it is launching the P1.8...