The Jetour brand in the Philippines exceeded expectations, thus making it possible for Jetour Auto Philippines, Inc. (JAPI) to reach new highs in 2024. Nowhere was this more evident than with the Jetour nationwide sales teams, who proudly displayed their achievements and showed their...
The Sy family’s SM Prime Holdings Inc., a leading integrated property developer in Southeast Asia, plans to raise up to P25 billion from the issuance of triple-A-rated bonds. In a disclosure to the Philippine Stock Exchange (PSE), the firm said Philippine Rating Services Corporation (PhilRatings)...
Filinvest Land Inc. (FLI), one of the property development units of the Gotianun Group, has finalized its plan to raise up to P12 billion from the issuance of fixed-rate peso-denominated retail bonds. In a disclosure to the Philippine Stock Exchange (PSE), the firm said it has filed online via...
Themis Group Corporation is taking over control of Ferronoux Holdings Inc. from tycoon Michael Consiquien in a backdoor listing move via an additional subscription of shares and a swap for a P4.31 billion prime property beside Okada Manila. In a disclosure to the Philippine Stock Exchange,...
In line with its efforts to advance connectivity, Globe has launched Connectivity Champions, recognizing individuals and groups instrumental in advocating for universal and meaningful access. In its inaugural year, Globe selected three individuals known for their contributions to driving positive...
Zobel-led Ayala Corporation, the country's oldest conglomerate, has secured a €50 million (P3.1 billion) social loan from leading European bank ING to support the portfolio growth of Ayala Healthcare Holdings Inc. (AC Health). In a statement, Ayala said, "this social loan from ING comes at an...
By Pete Dacuycuy MEET THE ARTIST Myse Salonga Self-taught artist Myse Salonga is crowned Noble Queen of Culture and Arts 2024 at the sixth edition of the Crowning and Awarding Ceremony of the Noble Queen of the Universe Advocacy International Pageant, held at the Cities Events Place,...
19th PropertyGuru Asia Property Awards in Bangkok, Thailand (Photos courtesy of PropertyGuru) The 19th Annual PropertyGuru Asia Property Awards Grand Final, held on December 13 at The Athenee Hotel in Bangkok, Thailand, celebrated the best of Asia’s real estate industry. Supported by V-ZUG...
JG Summit Holdings Inc., the flagship of the Gokongwei Group, is planning a temporary shutdown of its petrochemical business in the hope of reducing its operational losses. “Management noted that the petrochemical industry continues to face significant challenges, marked by continued softness in...
After divesting its stake in Petron Corporation in 2008, trillion-dollar energy giant Saudi Aramco is reportedly plotting a re-entry into the Philippine energy sector. According to a highly placed source, this will be through a prospective merger and acquisition (M&A) deal with one of the...
Ferronoux Holdings Inc., a publicly listed shell company controlled by tycoon Michael C. Cosiquien, will be venturing into real estate development—particularly hotels and resorts, following the entry of Themis Group Corporation as a strategic investor. In a disclosure to the Philippine Stock...
Mapua University, one of the Yuchengco-Ayala schools education partnership through iPeople, has launched the Mapua School of Medicine (SOM) in collaboration with Arizona State University (ASU). In a statement, Mapua noted that ASU is the top school in the United States for innovation for the tenth...
