The brown taipan, Manuel B. Villar Jr., who recently disclosed that one of his real estate companies earned ₱1 trillion, is back as the Philippines’ richest man, after being briefly replaced by port and gaming magnate Enrique K. Razon Jr., as ranked by Forbes Magazine. There are 15 Filipinos in...
Telecommunications giant PLDT Inc. is expected to boost its international capacity for data traffic in the Asia-Pacific region upon the activation of the Apricot submarine cable system in 2027. Early this month, PLDT announced that it has completed cable laying in the branches of Baler,...
The Department of Energy (DOE) announced that the liquefied natural gas (LNG) terminal in Batangas has resumed operations following its weekend shutdown, with 1,170 megawatts (MW) from two power plants now back online. However, Excellent Energy Resources Inc. (EERI) is experiencing technical...
Wilcon Depot makes a grand return to the metro with the opening of its newest Do It Wilcon (DIW) store in P. Tuazon, Cubao, on March 28, 2025. Leading the ceremonial ribbon cutting are Wilcon Depot AVP for Sales and Operations Rubilyn Candelaria, VP for Human Resources Grace Tiong, Boysen Paints VP...
Globe Telecom Inc. is launching a cost-efficient, green technology solution to further expand connectivity in remote areas across the country. Through RuralLink, the Ayala-backed telecommunications giant is expanding its network infrastructure to far-flung communities where traditional macro...
(Left) PLDT Global President and CEO Albert Villa-Real and Staffhouse Chief Strategy Officer Rocky Dela Vega (PLDT photo) PLDT Global Corp., the international unit of PLDT Inc., is teaming up with a leading recruitment agency for Filipinos working abroad to expand access to...
GT Capital Chief Financial Officer George Uy-Tioco, Jr. GT Capital Holdings Inc., the investment arm of the Ty family, is looking to invest $100 million to $200 million in prospective partners as part of moves to diversify its business portfolio and lessen its dependence on the banking and...
Goldilocks Bakeshop Inc. receives the ‘Sustaining Halal Champion Excellence’ Awards. Pictured (L-R): Dr. Mary Jane Alvero, group CEO of Prime Group; Sheila Marie Pabalate-Rea, vice president of Goldilocks Bakeshop; and Engr. Salah Ameen, co-founder and owner of Prime Group Goldilocks Bakeshop...
Wilcon Depot, Inc., the Philippines’ leading home improvement and finishing construction supplies retailer, reported a 27.4 percent drop in net income to ₱2.53 billion last year from ₱3.48 billion in 2023 as sales dipped while expenses rose. In a disclosure to the Philippine Stock Exchange,...
The Tantoco family has decided to combine all its consumer brands under one roof through the acquisition by publicly-listed SSI Group Inc. of Rustan Marketing Corporation (RMK) for ₱232.08 million. In a disclosure to the Philippine Stock Exchange, SSI said its Board of Directors had approved the...
JG Summit President and CEO Lance Gokongwei Gokongwei-led JG Summit Holdings Inc. (JGS), one of the Philippines’ largest and most diversified conglomerates, reported a 29-percent year-on-year growth in core profits to ₱24.9 billion in 2024. In a disclosure to the Philippine Stock Exchange, the...
NCS, the technology services arm of Singapore-based telecommunications conglomerate Singtel, is expanding into the Philippines through a joint venture with Globe Telecom Inc. over its information technology (ITA) unit, Yondu. In a disclosure to the Philippine Stock Exchange (PSE), Globe...
