Campos-led Del Monte Pacific Limited (DMPL) reported that its current liabilities already exceed its current assets, while its US subsidiary’s filing for Chapter 11 bankruptcy will result in a capital deficit in DMPL’s balance sheet. In response to queries by the Singapore Exchange Securities...
Tanco-led online gaming firm Digiplus Interactive Corporation has launched a ₱6 billion share buyback program to show confidence in the company’s prospects and to support its share price, which has slid following concerns over possible government measures to limit access to its popular games....
Backstage during her shoot as the face of BDO Pay, Belle Mariano confessed: She often leaves her wallet in her house or car. As someone with a packed schedule (performances and projects left and right), Belle tends to forget that detail, but couldn’t be bothered with the hassle of digital...
Telecommunications giant Globe Telecom Inc. is set to launch the country’s largest data center in the third quarter of the year, as it bolsters its network capacity to accommodate the growing demand from hyperscalers and artificial intelligence (AI). Globe’s data center arm, ST Telemedia Global...
The Philippines is steadily advancing toward the global goal of shifting from cigarettes to smoke-free alternatives, with nearly 150,000 users having already made the switch. Based on data provided by PMFTC Inc., the local affiliate of Philip Morris International (PMI), the number of adult users...
In celebration of its 50th anniversary, CDO Foodsphere, Inc. welcomed media stakeholders to its Malvar, Batangas manufacturing plant for a rare, behind-the-scenes look into the company’s legacy and future. The event, aptly titled “Welcome to our Home,” offered guests an immersive journey into...
Only Ayala Land Inc. (ALI) and Globe Telecom, both members of the Zobel-led Ayala Group, made it to TIME Magazine’s World’s Most Sustainable Companies 2025, a list of the top global leaders in environmental, social, and governance (ESG) performance. The inclusion of Globe (No. 451) and ALI...
Real estate Ayala Land, Inc. has monetized a small portion of its 61.71 percent stake in AREIT Inc. as part of continuing efforts to raise fresh funds while increasing the public float of its real estate investment trust. In a disclosure to the Philippine Stock Exchange, the firm said it sold an...
The Filinvest Group’s Cotabato Sugar Central Co. Inc. has processed over one million metric tons (MT) of sugarcane this milling season, the first time since the Gotianun-led conglomerate acquired the facility in 2002. In a statement, the company said the figure exceeds the original target for the...
Po family-led restaurant group Shakey’s Pizza Ventures Inc. (SPAVI) is expanding its Potato Corner kiosk business to Taiwan and Laos, tapping into the more substantial growth potential in the overseas market, particularly in Asia. “These are two exciting markets that we believe would have some...
SM Prime Holdings, Inc., one of Southeast Asia’s leading integrated property developers, bagged six major awards at the 15th Asian Excellence Awards held by Corporate Governance Asia on June 27 in Hong Kong. In a statement, the firm said the recognition affirms SM Prime’s leadership in...
Keppel Philippines Holdings, Inc. (KPHI) will no longer be traded at the Philippine Stock Exchange starting July 8, 2025 after the firm obtained and approval of the bourse and paid the voluntary delisting fee. The PSE had approved the firm’s voluntary delisting last June 25 and KPHI paid the fee...
