Real estate giant Ayala Land Inc. (ALI) will be raising ₱10 billion this month from a multilateral sustainability-linked loan as part of the ₱50 billion in funds it will be securing in the second half of the year. In an interview, ALI Chief Finance Officer (CFO) Augusto Bengzon said that ₱30...
Young adults in their early twenties often joke about being “broke” or avoid checking their accounts after a shopping spree. But avoiding financial responsibility is not forever. As more of the new generation starts earning, it’s time to take personal finance seriously, and that starts with...
Sy-led property developer SM Prime Holdings, Inc. has tapped former Senior Associate Justice Estela M. Perlas-Bernabe to be its newest Independent Director, replacing Atty. Darlene Marie B. Berberabe, who is now the Solicitor General of the Philippines. The firm said Justice Perlas-Bernabe’s...
Tempur has spent decades redefining the way the world sleeps. For the past 20 years in the Philippines, Tempur has brought this breakthrough innovation into thousands of homes, offering advanced pressure relief, adaptive support, and long-lasting durability through its exclusive distributor in the...
D.M. Wenceslao and Associates, Inc.’s (DMW) attributable net income inched up two percent to ₱936 million in the first half of 2025 from ₱918 million in the same period last year, reflecting sustained growth in its rental businesses. In a disclosure to the Philippine Stock Exchange, the firm...
DoubleDragon Corp., the property development venture of tycoons Tony Tan Caktiong and Edgar Sia II, registered a 43.72 percent jump in consolidated net income to ₱2.37 billion for the first six months of 2025 from ₱1.6 billion on the same period last year. In a disclosure to the Philippine...
Davao tycoon Dennis A. Uy’s PH Resorts Group Holdings Inc. (PHR) has already written-off its investments in its shelved Emerald Bay integrated casino-resort project in Mactan, which led to a ₱6.75-billion net loss for the first half of 2025. The firm informed the Philippine Stock Exchange (PSE)...
Nobody likes driving a stick shift in traffic. If people had a choice, everyone would be using an automatic transmission. But occasionally, a manual comes with remarkable balance, dynamic performance, precise handling, and everyday usability. Say hello to the Civic Type-R. Unlike its predecessor,...
The country’s car sales posted a 1.4 percent increase in July, the slowest growth rate for the year, as the industry reels from the impact of severe weather disturbances. Based on a joint report by the Chamber of Automotive Manufacturers of the Philippines Inc. (CAMPI) and the Truck Manufacturers...
Metro Retail Stores Group Inc. (MRSGI), a supermarket and department store chain controlled by the Gaisanos of Cebu, reported a 45.7-percent jump in net income to ₱146.3 million in the first half of the year. The company said its strong performance was particularly driven by its second-quarter...
With the sheer number of crossover options these days, it’s easy to forget that small hatchbacks like the Honda City Hatchback RS are still being offered. It may seem out of place in today’s traffic populated by SUVs, but this little car has some features and experiences the SUVs (even small...
PHINMA Education Holdings, Inc. (PEHI), subsidiary of PHINMA Corp. (PHN), reported that it has received the ₱825 million investment of Rise Edu Pte. Ltd., an investment vehicle of funds managed by Kaizenvest (Kaizenvest III). In a disclosure to the Philippine Stock Exchange, the firm confirmed...
