Emperador Inc., controlled by tycoon Andrew Tan and a leading global whisky and brandy conglomerate, reported that its recurring attributable profit was relatively flat at P4.7 billion in the first half of 2023 from P4.8 billion in the same period last year. In a disclosure to the Philippine Stock...
An American company is planning to invest up to $1 billion for the expansion of its Clark and Baguio City facilities in the country, Malacañang announced. President Ferdinand 'Bongbong' Marcos Jr. (Photo courtesy of Malacañang) American microprocessors manufacturer Texas Instruments...
Leading VisMin developer Cebu Landmasters Inc. (CLI) of the Soberano family recorded a robust 32 percent growth in consolidated net income to P2.1 billion in the first half of 2023 from P1.6 billion in the same period last year. During its quarterly briefing, the firm said its attributable net net...
New Generali Life Assurance Philippines President and CEO, Dr. Hak Hong Soo. Generali Life Assurance Philippines, Inc. (Generali Philippines) is pleased to announce the appointment of Dr. Hak Hong Soo as President and Chief Executive Officer. Prior to his appointment as CEO of Generali...
2GO Group Inc., one of the country’s largest sea travel transportation solutions providers and a part of the Sy family’s SM Investments Corporation, has recently been accredited by the Department of Tourism (DOT) as a Tourism Water Transport Operator and Tourism Water Vessel. In a statement,...
Prime Asset Ventures Inc. (PAVI), the infrastructure business of richest Filipino Manuel B. Villar Jr. has signed implementing agreements for the P3.8 billion acquisition of the four-kilometer Muntinlupa Cavite Expressway (MCX) from Ayala Corporation. Villar Group acquires MCX - Villar-led Prime...
Executives from Prime Asset Ventures, Inc. and Ayala Corporation meet for the signing ceremony for the MCX. Villar-led Prime Asset Ventures, Inc. (PAVI) has signed implementing agreements for its acquisition of the four-kilometer Muntinlupa Cavite Expressway (MCX) from Ayala Corporation....
The "gas aggregation" scheme being proposed by Prime Infrastructure Capital Inc. of the Razon group, will help soften electricity rates for consumers because the scheme will lessen the risk of gas plant-developers in their fuel procurements. This is according to ENEX Energy Corporation Chairman...
Property and spirits magnate Andrew Tan’s real esate investment trust MREIT, Inc. improved its distributable income by 12 percent to P1.4 billion during the first half of 2023. In a disclosure to the Philippine Stock Exchange, the Megaworld-sponsored REIT said its revenues grew by 15 percent to...
The Po family’s Century Pacific Food, Inc. (CNPF), one of the leading branded food and beverage manufacturers in the Philippines, reported an 8 percent improvement in consolidated net income to 3.2 billion in the first half of 2023. In a disclosure to the Philippine Stock Exchange, the firm said...
Diversified engineering conglomerate DMCI Holdings of the Consunji family reported a consolidated net income of P15.9 billion in the first semester, a 22 percent decrease from P20.3 billion last year due. In a disclosure to the Philippine Stock Exchange, the firm said this is due to lower...
Integrated Micro-Electronics Inc. (IMI), the manufacturing arm of the Ayala Group, saw its net loss balloon to $82.9 million in the second quarter of 2023 from the $3.5 million loss incurred in the same period last year. In a disclosure to the Philippine Stock Exchange, the firm said this includes...
