Antonio-led Century Properties Group Inc. (CPG) reported a 14 percent growth in net income to ₱1.22 billion in the first half of 2025 from ₱1.07 billion in the same period last year on the strength of its affordable housing business. In a disclosure to the Philippine Stock Exchange, the firm...
The Aboitiz and Yuchengco groups have secured their respective boards’ approval for a planned joint venture to significantly expand the TARI Estate in Tarlac by 184 hectares to 384 hectares. The joint venture agreement is between LIMA Land, Inc., a wholly owned subsidiary of Aboitiz InfraCapital...
Tycoon Lucio L. Co’s retail holding company Cosco Capital Inc. reported a 9.3-percent growth in consolidated net income to ₱7.6 billion for the first half of 2025 from the ₱6.97 billion earned in the same period last year as consumer spending continues to improve. In a disclosure to the...
A new chapter opens in Batangas’ first integrated business district as The Golf Range at Lima Estate breaks ground, with operations set to start in November 2025. The facility offers a straightforward blend of work and play for employees, residents, and visitors. Developed by Partners and...
Following its confirmed 100-percent ownership of the recently completed Wawa Dam project, Razon-led Manila Water Co. Inc. has signed a share purchase agreement (SPA) with Prime Infrastructure Inc. to begin payment for the acquisition. In a disclosure to the Philippine Stock Exchange (PSE) on...
ABC Impact, the Singapore-based impact investor dedicated to Asia and backed by Temasek Trust and Temasek, is acquiring minority interest of around 16 percent in Ayala Healthcare Holdings Inc. (AC Health). AC Health announced the landmark investment in a disclosure to the Philippine Stock Exchange,...
Despite the President’s State of the Nation Address (SONA) promise of rate reductions, it seems the only thing “cutting” is the consumer’s wallet, as electric bills continue their relentless upward climb. Realistically, rate reduction is a battle consumers can’t seem to win. It’s like a...
The Philippine semiconductor industry is pushing for the expansion of its export market as it braces for a “devastating” impact from the proposed 100-percent tariffs on foreign-made semiconductors entering the United States (US). US President Donald Trump announced last week that he will impose...
The Securities and Exchange Commission (SEC) has ordered Fuse Lending Inc. to stop its unlicensed lending operations while suspending Sumulong Financing for failing to get approval for its business plan. The Commission said it has issued a cease and desist order (CDO) against Fuse Lending for its...
Real estate giant Ayala Land Inc. is again launching residential projects in its core middle-income market after seeing a recovery in demand, which has brought down excess inventory or ready-for-occupancy (RFO) units to a comfortable level. In a press briefing, ALI President and CEO Anna Ma....
Ayala Healthcare Holdings Inc. (AC Health) and Glorious Dexa Mandaya Philippines, a subsidiary of Indonesia’s Dexa Group, have forged a strategic alliance aimed at strengthening the delivery of affordable, high-quality medicines for Filipinos. In a statement, Ayala said the partnership will...
Mobile services provider Smart Communications Inc. is kicking into the next gear of the telecommunications industry with the launch of KiQ, the country’s first app-based mobile brand designed with Gen Z in mind. Smart, the wireless unit of telecommunications giant PLDT Inc., said its new service...
