For seasoned executive Victor Genuino, the Philippines is poised to become a major powerhouse for data centers—a go-to destination for tech companies driving the next wave of digital progress. It’s a bold vision, and one he is already executing as head of VITRO Inc. “My dream is for the...
Gaisano-led Metro Retail Stores Group Inc. (MRSGI) reported a 4.2 percent increase in profit in the first nine months of the year to ₱213.3 million, as cost-saving initiatives offset the drag on consumer spending from natural calamities. Cash earnings, as measured by earnings before interest,...
Robinsons Retail Holdings Inc. (RRHI) is earmarking an additional ₱2 billion for its five-year share buyback program, bringing the total value of shares targeted for acquisition to ₱25.77 billion. In a disclosure to the Philippine Stock Exchange (PSE), the Gokongwei Group 's retail arm...
Maynilad Water Services Inc. activated its newest wastewater facility in Southern Metro Manila, the Tunasan Water Reclamation Facility (WRF) in Muntinlupa City, as the concessionaire expands its services. The Tunasan WRF is the company’s 25th wastewater treatment project, capable of treating up...
Philippine Rating Services Corp. (PhilRatings) has upgraded the issue credit rating of STI Education Services Group Inc.’s (STI ESG) outstanding bonds amounting to ₱820 million to PRS Aa, with a stable outlook, from the previous rating of PRS A plus, with a positive outlook. Obligations rated...
AREIT, INC. has issued a notice for a Special Stockholders’ Meeting (SSM), which will be conducted in a fully virtual format on Thursday, December 11, 2025, at 10:00 o’clock in the morning. Stockholders will only be able to attend the meeting through remote communication and vote in absentia,...
Cebu Landmasters Inc. (CLI) retains its industry leadership with a consolidated net income of ₱ 3.1 billion in the first nine months of 2025, a 6 percent gain from ₱2.9 billion in the same period last year. With an 18 percent market share in residential sales take-up, Colliers Philippines...
SM Prime Holdings Inc. (SM Prime), one of the largest integrated property developers in Southeast Asia, expects to complete the ₱2.3-billion redevelopment of SM City Iloilo by the first quarter of 2026. The firm said in a disclosure to the Philippine Stock Exchange (PSE) that this is in line...
Senator Imee Marcos on Tuesday responded to the fresh remarks of her nephew, House Majority Leader and Ilocos Norte 1st District Rep. Sandro Marcos, after he criticized her for accusing President Ferdinand Marcos Jr. and his family of illegal drug use. In a Facebook post, the senator said Sandro...
Senate President Pro Tempore Panfilo “Ping” Lacson described as “Un-Filipino” the accusations thrown by Sen. Imee Marcos against her brother President Ferdinand “Bongbong” Marcos, Jr. and the First Family. Lacson made the statement on Tuesday, November 18, saying that while siblings...
AREIT, INC. has issued a notice for a Special Stockholders’ Meeting (SSM), which will be conducted in a fully virtual format on Thursday, December 11, 2025, at 10:00 o’clock in the morning. Stockholders will only be able to attend the meeting through remote communication and vote in absentia,...
DAVAO CITY – Davao City first district Rep. Paolo Duterte reiterated his longstanding call for mandatory hair follicle drug testing for all government officials, following Sen. Imee Marcos’ disclosure about her brother, President Ferdinand R. Marcos Jr. on Monday night, Nov. 17. In a statement...