The Ayala Group’s Integrated Micro-Electronics, Inc. (IMI) registered a core net income of $16.4 million in the first nine months of 2025, a significant turnaround from the $ 1.1 million net loss suffered in the same period last year. IMI, a global leader in electronics manufacturing services,...
West Zone concessionaire Maynilad Water Services Inc. successfully debuted on the Philippine Stock Exchange after its ₱34.33 billion initial public offering (IPO) was heavily favored by investors, ending 2.7 times oversubscribed. In a briefing before the listing, Maynilad Chief Finance Officer...
Diversified engineering conglomerate DMCI Holdings Inc. reported a 22-percent drop in consolidated net income to ₱11.8 billion for the first nine months of 2025 from ₱15.1 billion in the same period last year. In a disclosure to the Philippine Stock Exchange (PSE), the firm said, “The...
It’s all systems go for the initial public offering (IPO) of Maynilad Water Services Inc., which is tagged to be the biggest stock offering in the last four years. Amidst the continuing political drama surrounding the floodgate mess, there is no stopping Maynilad’s IPO, especially with...
Port operator International Container Terminal Services, Inc. (ICTSI) reported a 19 percent improvement in attributable net income to $751.56 million in the first nine months of the year from the $632.58 million earned in the same period of 2024 as global trade continues to grow despite US tariff...
Honda Cars Philippines, Inc. (HCPI) is extending support to its customers across many provinces in Visayas and Mindanao whose vehicles were affected by the recent floods and landslides caused by Typhoon Tino. Recognizing the significant financial strain that follows such natural disasters, HCPI has...
The Mandaluyong City local government forged ties with LoveYourself Inc. last Nov. 3 to further enhance the city 's capabilities in providing topnotch care and medical services for HIV patients. Mandaluyong City Mayor Menchie Abalos attended the signing of the partnership agreement together...
Tycoon Manuel V. Pangilinan is not ruling out plans to revive Smart Money, a pioneer in the mobile wallet space, despite the executive leading its comeback having since stepped down. Pangilinan, chairman and chief executive officer (CEO) of Smart Communications Inc., said the company still...
Telecommunications giant PLDT Inc. posted higher earnings in the third quarter even as its digital bank arm, Maya, experienced a slight setback in its growth momentum following its delinking from online gambling platforms. PLDT Chairman and Chief Executive Officer (CEO) Manuel V. Pangilinan said...
STI Education Systems Holdings Inc. posted a 38 percent jump in net income to ₱2.22 billion for the fiscal year ended June 30 this year from ₱1.61 billion the year prior, fueled by continued enrollment growth. In a disclosure to the Philippine Stock Exchange, the firm, which owns the...
Businessman Joseph C. Sy divested 31 percent of his ownership in Global Ferronickel Holdings Inc. (FNI) to Senior Vice President Mary Belle Bituin, transferring the majority of his 43.5 percent personal stake in the company. In a disclosure to the Philippine Stock Exchange, the company said the...
D&L Industries Inc., the country’s top specialty food ingredients and oleochemicals producer, is optimistic that 2026 will be a better year for its business even as it continues to target a 10-percent profit growth for 2025. “From what we see, interest rates are coming down—not just in the...
