Ayala Corp., the Philippines’ oldest conglomerate, posted record core earnings for a third consecutive year as gains in its real estate and banking units shielded the group from the slump in its energy and telecommunications businesses. In a disclosure to the Philippine Stock Exchange, the firm...
Liberty Flour Mills Inc., the Philippine food manufacturer, has asked the Securities and Exchange Commission (SEC) to dismiss a complaint filed by minority shareholders, claiming it has already provided access to corporate records. Liberty Flour’s legal response from the publicly traded miller...
DMCI Homes, the residential arm of engineering conglomerate DMCI Holdings Inc., is embarking on a massive upscaling of its 130-hectare Acacia Estates in Taguig City, beginning with a ₱4.5 billion redevelopment of its commercial core. In a briefing, Alfredo Austria, DMCI Homes president, said the...
Honda has just introduced the 2026 version of its bestselling motorcycle model, the Click125. The Click125 is a model designed for everyday riding. It blends style, innovation, and performance into one refined package. The Click125 sports new upgrades, built around the concept “Game Changer...
Infra and utilities conglomerate Metro Pacific Investments Corp. (MPIC) intends to continue investing in infrastructure despite uncertainties and challenges posed by the war in the Middle East, laying the groundwork for more growth after sustaining record performance last year. “The global...
Del Rosario-led PHINMA Corp. reported an attributable net loss of ₱308.83 million in 2025 after a 66-percent drop in attributable net income to ₱279.55 million in 2024, due to losses in its construction materials, property, and hotel businesses. In a disclosure to the Philippine Stock Exchange...
Aside from office leasing, SM Offices, the commercial property arm of SM Prime Holdings Inc. (SM Prime), is now focusing on industrial leasing with ready-to-move-in warehouses in the cities of Pasig and Taguig, as well as build-to-suit developments in other locations nationwide. SM Offices’...
The Bank of the Philippine Islands (BPI) extended a ₱6.1 billion project finance facility to Cornerstone Energy Development Inc. (CEDI), a subsidiary of Aboitiz Renewables Inc., marking the lender’s latest move to solidify its position in the sustainable finance market. BPI said the funding...
San Miguel Food and Beverage Inc. (SMFB), a core subsidiary of diversified conglomerate San Miguel Corp. (SMC), reported a 13-percent increase in consolidated net income to ₱46.3 billion last year. In a disclosure to the Philippine Stock Exchange (PSE) on Tuesday, March 10, the firm said growth...
Gotianun-led Filinvest Land Inc. has secured internal approval to issue up to ₱11.57 billion in fixed-rate bonds, its latest effort to tap the domestic capital market to fund its expansion and refinance existing obligations. In a disclosure to the Philippine Stock Exchange, the firm said that its...
The local stock market lost ₱671.7 billion in market capitalization on Monday, March 9, as the benchmark Philippine Stock Exchange Index (PSEi) plunged to the 6,000 level after the Iran war fueled a surge in oil prices while the peso plunged to a new record low. Philippine Stock Exchange (PSE)...
Century Properties Group Inc. expects to generate ₱6.6 billion in sales from its latest residential project in Cavite as it pivots toward first-home and premium segments to bypass crowded mid-market condominium sector. In a disclosure to the Philippine Stock Exchange, CPG said the subsidiary has...
