The Ty family’s investment arm, GT Capital Holdings, Inc., expects to sustain its strong growth trajectory as it reported a 31 percent jump in core net income to ₱18.11 billion due to the record performances of Metrobank, Toyota, and Metro Pacific. In a disclosure to the Philippine Stock...
Pangilinan-led telecommunications giant PLDT Inc. has expressed its willingness to take the government to court to challenge the constitutionality of the proposed Konektadong Pinoy Act, which is now awaiting the signature of President Marcos. “We 're hoping that it will not be signed by the...
Telecommunications giant PLDT Inc. is banking on the contributions of its fast-growing fintech arm Maya to spur growth in earnings at a time when overall demand for telco services is flat and its first half performance posted a slim growth. In a disclosure to the Philippine Stock Exchange, PLDT...
Senator Imee Marcos has sounded the alarm over the potential fallout of the United States’ move to impose 100% tariff on Philippine semiconductor exports, a sector valued at USD 4.5 billion to USD 6 billion in annual shipments to the US. “We cannot underestimate the devastating impact these...
Real estate giant Ayala Land Inc. is diverting ₱1.44 billion in funds raised from the sale of AREIT Inc. shares to pay for its acquisition of the 578-room New World Hotel from the redevelopment budget of Bank of the Philippine Islands’ Ayala headquarters. In a disclosure to the Philippine Stock...
MREIT Inc., the real estate investment trust (REIT) of top township developer Megaworld Corp., is raising its authorized capital stock by 60 percent to ₱8 billion from ₱5 billion so it can issue more shares for the acquisition of fresh assets. In a disclosure to the Philippine Stock Exchange...
D&L Industries Inc., the country’s top specialty food ingredients and oleochemicals producer, is confident of hitting and even exceeding its 10-percent profit target for 2025 as annualized first-half earnings are already tracking a 19-percent improvement on the back of exports driving growth....
Honda Philippines, Inc. (HPI) kicked off the first leg of is series of riders’ conventions in Cebu. Held annually, the Honda Riders’ Convention is a grand gathering of Honda motorcycle owners, clubs, and enthusiasts from across the region. It serves as a platform to gather riders, introduce the...
SM Prime Holdings Inc. (SM Prime), the Sy family’s property development company, is investing ₱7 billion to redevelop and further expand SM Megamall, one of the Philippines’ most iconic malls, with phased completion targeted between 2027 and 2029. In a disclosure to the Philippine Stock...
Century Pacific Food Inc. (CNPF), through United States (US)-based subsidiary Century Pacific North America Inc. (CPNA), has acquired the Loma Linda brand from Atlantic Natural Foods Inc. (ANF) to further scale its growing presence in shelf-stable, plant-based nutrition. In a disclosure to the...
Gokongwei-led JG Summit Holdings Inc. (JGS) reported that its net income inched up in the first half of 2025 due to the strong performances of its subsidiaries coupled with tapering losses in its petrochemical business, which was closed this year. In a disclosure to the Philippine Stock Exchange...
The Marcos administration is pushing for the exemption of the Philippines from the planned imposition of a 100 percent tariff threatened by United States (US) President Donald Trump on foreign-made semiconductors, cushioning the industry from a potential slowdown in investments. Special Assistant...
