Emperador Inc., the spirits unit of the Alliance Global Group Inc., is tightening its belt on capital spending for second consecutive year even as it anticipates recovery in earnings performance. The company told stock analysts that the brandy and whisky giant slashed its capital expenditure budget...
Amid global volatility and local controversies, the Philippine real estate sector continues to show resilience, reinvention, and untapped potential. According to global real estate services firm Santos Knight Frank (SKF), as the real estate sector enters its next phase of growth—the long-term...
Alliance Global Group Inc. (AGI), the investment vehicle of billionaire Andrew Tan, reported a record net income last year, as gains from its real estate and leisure units helped offset the decline in consolidated revenue following the deconsolidation of its McDonald’s local franchise. In a...
Jaime Augusto Zobel de Ayala, the long-standing architect of the Philippines’ telecommunications sector, is stepping down as chairman of Globe Telecom Inc., marking the end of a nearly three-decade tenure that saw the company evolve from a niche cable provider into a digital services...
The Chamber of Real Estate & Builders’ Associations Inc. (CREBA) is calling for reforms to the government’s socialized housing framework, citing rising costs and structural inefficiencies that it said could undermine the sector. In a statement on Monday, April 20, CREBA flagged the need to...
Honda Cars Philippines, Inc. (HCPI) has officially launched the Honda Prelude. The sophisticated hybrid coupe is a grand tourer that bridges nostalgic, well-loved heritage with new technology tailored for today’s market. Designed with the concept of ‘Unlimited Glide’, the Honda Prelude is...
The Metropolitan Waterworks and Sewerage System Regulatory Office (MWSS RO) penalized Maynilad Water Services Inc. ₱54.28 million following a series of prolonged service interruptions that left more than 165,000 customers in the southern West Concession Area without reliable access to water. In...
Ayala Land Inc., the country’s largest property developer, has suspended sales for its latest ultra-luxury project in the Makati central business district, citing heightened execution risks linked to the escalating conflict in the Middle East. “In light of the evolving global conditions,...
First Philippine Holdings Corp. (FPH) indefinitely postponed its annual shareholders’ meeting as bitter internal feud between factions of the Lopez family spills over into the boardroom of one of the country’s most prominent conglomerates. The company informed the Philippine Stock Exchange on...
Cavite is emerging as a key hub for business, logistics, and investment, driven by the steady rise of large-scale developments. Improvements are accelerating, with new logistics facilities reinforcing its role in supporting expanding operations through advanced systems, worker-focused spaces, and...
The Philippine automotive industry sustained its upward trajectory in March, as total vehicle sales climbed past 39,000 units, buoyed by the surge in demand for electrified vehicles (EV) amid the national energy emergency. Combined data from the Chamber of Automotive Manufacturers of the...
Smart Communications, Inc. (Smart) is elevating the Filipino digital experience with the launch of its All-New Postpaid Plans+ with Unli Apps—designed to supercharge the always-on-the-go lifestyle. At the heart of these new plans is Unlimited App Access (Unli Apps), a powerful feature that lets...
