Emperador Inc., the brandy and whisky unit of tycoon Andrew Tan’s Alliance Global Group, registered a 19 percent drop in attributable net income to P3.8 billion in the first semester of 2024 from the P4.7 billion earned in the same period last year. In a disclosure to the Philippine Stock...
(L-R) National Voluntary Services Program (NVBSP) at Department of Health Program Manager Marites B. Estrella; Philippine Red Cross Assistant Secretary General and Director of Blood Services Christie Monina Nalupta; Wilcon Depot Executive HR Manager Emilio Obispo and President of...
Del Monte Pacific Limited’s (DMPL) US subsidiary Del Monte Foods Inc. (DMFI) and certain of its existing lenders completed a new financing arrangement for up to $240 million. In a disclosure to the Philippine Stock Exchange (PSE), DMPL said this new arrangement involves a new term loan...
Diversified engineering conglomerate DMCI Holdings reported a 29 percent decline in net income to P11.1 billion in the first half of 2024 from P15.6 billion in the same period last year. In a disclosure to the Philippine Stock Exchange (PSE), the firm said the lower earnings is primarily due to...
The Sy siblings’ SM Prime Holdings Inc., one of the leading integrated property developers in Southeast Asia, reported that its consolidated net income improved 13 percent to P22.1 billion in the first half of 2024 from the P19.4 billion in the same period last year. In a disclosure to the...
PLDT's wireless unit Smart Communications Inc. warns the public against cybercriminals employing new strategies to reach potential victims even as it continues to step up its measures against text scams. In a statement, Smart said it has recently rolled out its improved blocking tool and boosted...
The SM Group is providing the opportunity for local farmers and entrepreneurs to step onto a bigger stage through its SM Weekend Market. Developed as a collaborative effort between SM Foundation and SM Supermalls, this initiative is not just about commerce; it's a strategic move to integrate...
VITRO Inc., the data center of the PLDT Group, reported that telecommunications firm Philippine Global Communications Inc. (Philcom) expanding its network in VITRO Clark (VCK) and Vitro Sta. Rosa (VSR) to deliver top-notch, reliable connectivity solutions to enterprises. PLDT said in a statement...
The Ayala Group’s tech manufacturing arm, Integrated Micro-Electronics, Inc. (IMI), reported a net loss of $8.8 million for the first half of 2024, down from $86.18 million in the same period last year. In a disclosure to the Philippine Stock Exchange, IMI reported group revenues of $566 million...
Metro Retail Stores Group, Inc. (MRSGI) of Cebu’s Gaisano family expanded into the home furnishing and hardware business with the opening of its first Metro Home Improvement store at Marquee Mall, Angeles. In a disclosure to the Philippine Stock Exchange, the firm said this addition marks a...
Suzuki Philippines understands that the recent Typhoon Carina has impacted a lot of Filipinos. The heavy rains caused significant flooding in multiple areas, greatly affecting communities. As such, Suzuki Philippines is extending assistance for flood-damaged Suzuki vehicles by offering a 30...
Limitless Growth Ventures Inc. or DigiCo, a digital entity owned by businesses led by Manuel V. Pangilinan (MVP Group), disclosed that it invested P570 million to acquire a 10 percent interest in Bayad Center and 100 percent of Multipay Corporation. In disclosures to the Philippine Stock Exchange,...
