Dr. Rafael Frankel (left) and Rob Abrams, both from Meta Platforms, Inc. (Screenshot from livestream) Rob Abrams of American multinational technology conglomerate Meta has praised Philippine Congress and law enforcement...
The Po family’s Century Pacific Food, Inc., one of the leading food companies in the Philippines, is cautiously optimistic about its prospects this year based on its performance in the first quarter and in 2024. “We’re already seeing signs of a better consumer environment as we enter 2025. So...
Nickel Asia Corp. (NAC) announced that its renewable energy (RE) unit has partnered with retail energy supplier (RES) Mabuhay Energy Corp. (MECO) to supply clean energy. In a statement, NAC’s Emerging Power Inc. (EPI) said that, along with its subsidiaries Jobin SQM Inc. (JSI) and Northern...
The Philippine Stock Exchange index (PSEi) plunged as investors sold down shares in panic due to fears of a global trade war as countries are taking retaliatory measures slapped harsh tariff rates by the US. The Philippine benchmark fell by 261.34 points or 4.3 percent to close at 5,822.85 on...
The Gokongwei Group is increasing its investments for its real estate and food and beverage units while investments for aviation drops as it expects fewer aircraft and engine deliveries. JG Summit Holdings Inc. said the sharply lower capital expenditures of Cebu Air Inc., down 49 percent to P33...
Seen in photo (from left to right). Christopher Mortega, Vice President of CIBI InformatIon Inc., Pia Arellano, President and CEO of CIBI Information Inc., Baek Jong II, CEO of Jeonbuk Bank, and Kim Jong Yoon, CEO of NICE Information Service at the MOU signing held in Seoul, South Korea. ...
Victor Lim Industrialist Victor Lim has been elected as the new president of the Federation of Filipino Chinese Chambers of Commerce and Industry, Inc. (FFCCCII), signaling a focus on continued business and socio-civic development. Lim's election, which followed three rounds of voting...
As United States (US) President Donald Trump’s tariffs will continue to weigh down global equities markets this week, the Philippine Stock Exchange will not be an exception, although traders are hoping that low valuations and a possible rate cut by the Bangko Sentral ng Pilipinas (BSP) will spur...
Topping off ceremony (from left to right): Imee Francisco, senior vice president and head of Costa del Hamilo Inc.; Shirley C. Ong, executive vice president and business unit head of SM Leisure Resort and Residences (SMLRR); Harvey T. Sy, head of technical and project planning and design; Zenia Sy,...
NextAsia Land Inc. continues to solidify its standing as a premier real estate developer, earning recognition as one of the top developers in the South by the Pag-IBIG Fund. This esteemed award underscores NextAsia Land’s unwavering commitment to providing high-quality housing and its vital role...
Robinsons Land Corp. (RLC) is gearing up for another infusion of assets into RL Commercial REIT Inc. (RCR) by selling ₱6.21 billion worth of the real estate investment trust’s shares to boost its public float. In a disclosure to the Philippine Stock Exchange, RLC said it has completed the...
SMDC’s Move In Now program allows qualified buyers to move in within 90 days with only a 5% spot down payment SM Development Corp. (SMDC), the residential arm of Sy-led SM Prime Holdings Inc., has launched a new program, Move In Now, to entice buyers for its...
