SM Prime Holdings Inc., one of the leading integrated property developers in Southeast Asia, reported a 12 percent growth in consolidated net income to P11.6 billion in the first half of 2021 from P10.4 billion in the same period last year. In a disclosure to the Philippine Stock Exchange, the firm...
Broadcasting firm Philippine Collective Media Corporation (PCMC) has formalized its plans for a back door listing at the Philippine Stock Exchange through Prime Media Holdings Inc. (PMHI). In a disclosure to the Philippine Stock Exchange, Prime Media said it has signed a Memorandum of Agreement...
Greenergy Holdings Inc., the listed holding company of businessman Antonio Tiu, has sealed its investment in ABS-CBN's fintech company U-Pay Digital Technologies Inc. In a disclosure to the Philippine Stock Exchange, the firms said it has completed its move to acquire 51 million shares of stock of...
Malayan Insurance Co., Inc. remains ahead in the non-life business as global insurance ratings firm A.M. Best improved the local insurer’s credit rating outlook to “stable.” Despite the global pandemic and its effects on the Philippine economy, the Yuchengco-led insurance company said it...
Rice Watch Action Network, Inc. (R1) has raised concern over the government's approval of the commercial propagation permit of the so-called Golden Rice, a genetically modified (GM) rice variety infused with vitamin A. (Keith Bacongco/ File photo/ MANILA BULLETIN) In a statement, R1 cited the lack...
Philippine Sports Commission (PSC) Chairman Butch Ramirez and weightlifter Hidilyn Diaz during the 2019 Southeast Asian Games here. (PSC Instagram) The cash incentives continue to come to Hidilyn Diaz's way. The 30-year-old weightlifter is set to receive an additional P5 million from the Philippine...
Emperador Inc., the largest global brandy company, reported a 53 percent surge in attributable net profit to a record P5.1 billion in the first half of 2021 compared to the same period last year. In a disclosure to the Philippine Stock Exchange, Emperador said its revenues rose by 18 percent to...
Opening in 2024, the new and improved Abaca Resort Mactan promises to usher in the new era of Cebu Landmasters Inc. and its CLI Premier Hotels Inc., being at the forefront of the very best that Cebu tourism can offer. Through the years, the Abaca Resort Mactan has already notched an enviable...
Businessman Antonio Tiu has bought out a foreign investor in Greenergy Holdings Inc. for P415.5 million as part of pans to consolidate his ownership of Greenergy and AgriNurture, Inc. (ANI). In a disclosure yesterday, Greenergy said Tiu has acquired all the shares held by Thomaslloyd Cleantech...
The Iglesia Ni Cristo (INC), the country’s most dominant religious group other than the Roman Catholic Church has gone a long way. It has evolved to become like a prototype of sorts that other sects tried but fell short of emulating. From the time it was established in Punta, Sta. Ana, Manila on...
PHirst Park Homes Inc. (PPHI), the First Home Buyer Brand of Century Properties Group and Mitsubishi Corporation, is awarding a house and lot package worth P4 million to Hidilyn Diaz for being the Philippines’ first ever Olympic gold medalist. Hidilyn Diaz, salutes during the Philippine national...
Vista Land & Lifescapes, Inc., one of the country’s leading integrated property developers and the largest homebuilder, remains optimistic that its 2021 performance will end up better than 2020 despite the recent developments amid the pandemic. “While COVID-19 continues to impact our...
