AyalaLand Logistics Holdings Corp., a unit of property giant Ayala Land Inc., saw its annual profit plunge by 71.5 percent as shortage of inventory and cooling demand for industrial land weighed on its top line. In a disclosure to the Philippine Stock Exchange, the firm said that its consolidated...
Pacific Online Systems Corp., a gaming unit of Belle Corp., is abandoning its foray into online betting and divesting from an e-casino venture following the government crackdown on digital gambling licenses. In two disclosures to the Philippine Stock Exchange Pacific Online said the company will...
Lucio Tan Group’s (LTG) MacroAsia Corp. (MAC), through its wholly owned subsidiary MacroAsia New Ventures Inc. (MNVI), is venturing into agriculture to initially supply its own catering business with fresh vegetables and boost profit margins. In a disclosure to the Philippine Stock Exchange...
The Securities and Exchange Commission (SEC) has penalized Global Dominion Financing Inc. for employing unfair and abusive debt collection practices through third-party agents amid tightening of oversight on the nation’s lending sector. In a formal order, the SEC’s Financing and Lending...
Equities market is shifting into a defensive crouch as investors pivot from a broad-based rally toward a granular assessment of corporate earnings and macroeconomic stability. After a volatile start to the year, market participants are scouring fourth-quarter results, foreign direct investment...
The Honda Riders’ Convention officially kicks off with the first leg of Honda Philippines, Inc.’s (HPI) 2026 nationwide celebration happening at the The Filinvest Tent, Alabang, Muntinlupa City. Held annually, the Honda Riders’ Convention is a grand gathering of Honda motorcycle owners,...
Micro, small, and medium-sized enterprises (MSMEs) and women entrepreneurs across the Philippines are set to gain significantly better financial access after the Asian Development Bank (ADB) approved a P1.75 billion ($30 million) loan facility to Fuse Financing Inc., the lending arm of GCash, the...
Megaworld subsidiary Global-Estate Resorts, Inc. (GERI), a premier developer of integrated tourism and leisure townships, has broken ground on the clubhouse inside The Lindgren located within the 151-hectare Arden Botanical Estate in Trece Martires, Cavite. The Clubhouse at The Lindgren is designed...
One of the more popular motorcycles in the market has just received a timely update, making it more appealing for those seeking a vehicle that can do it all: daily commuting and leisure riding. That new model is the Honda ADV160. The updates include more refined and improved features, enhanced...
Ayala Land Inc., the country’s largest property developer, expects sustained recovery across its business segments this year as it moves past a sector-wide slump triggered by the exodus of offshore gaming operators and sluggish residential demand. Anna Ma. Margarita Bautista-Dy, Ayala Land...
Soon to become an iconic landmark, TRYP by Wyndham Samal was officially unveiled at a groundbreaking ceremony held on January 29, 2026, at the island Garden City of Samal (IGaCoS). Supported by the strong partnership between Damosa Land and PHINMA Hospitality, the 8-story condotel development is...
Tanco-led Asian Terminals Inc. (ATI) has informed the Philippine Stock Exchange (PSE) that it plans to voluntarily delist from the bourse on April 3, 2026, a month after the completion of a ₱6.89-billion tender offer to mop up all minority shares. In its petition for voluntary delisting filed...