SM Prime Holdings Inc., one of Southeast Asia’s largest integrated property developers, may begin the horizontal development of its 360-hectare Integrated Property Development in Manila Bay as early as the start of next year. According to SM Prime President and CEO Jeffrey C. Lim they will...
Gokongwei-led Robinsons Retail Holdings, Inc. is seeing a recovery as its customers are now making bigger purchases at their wide array of stores that includes supermarkets, appliances, pharmaceuticals, and fashion/apparel. “This year is off to a strong start, with the ongoing recovery in basket...
SM Prime Holdings, Inc. (SM Prime), one of Southeast Asia’s largest integrated property developers, is confident of sustaining its first quarter performance as it continues to expand its core mall, residential, office, and hotels and convention center businesses. “We do not give full-year...
Sy-led SM Prime Holdings Inc., one of Southeast Asia’s largest integrated property developers, is banking on the popularity of its malls to provide a strong anchor in its planned diversification and expansion into integrated property developments (IPDs), particularly outside of Metro Manila....
Ferronoux Holdings Inc. reported that not a single minority shareholder availed of the tender offer, as its market price is several times higher than the tender offer price of ₱2.22 offered by the controlling shareholder, Themis Group Corporation. In a disclosure to the Philippine Stock Exchange,...
Incoming Philippine Airlines (PAL) President Richard Nutall (left) and incoming Executive Vice President and Chief Operating Officer (COO) Carlos Luis Fernandez (right) Flag carrier Philippine Airlines (PAL) has appointed British national and veteran airline industry executive Richard Nuttall as...
Urban Deca Homes Commonwealth Housing developer 8990 Holdings Inc. reported a 21.17 percent decline in attributable consolidated net income to ₱5.43 billion last year from the ₱6.88 billion recorded in 2023 due to lower revenues generated. In a disclosure to the Philippine Stock...
SM Offices, a unit of SM Prime Holdings Inc., is investing ₱6 billion to develop new office towers and workspaces, even as it is seeing strong uptake for its mall-based offices. In a disclosure to the Philippine Stock Exchange, SM Prime said the new offices to be developed this year includes Six...
Signing ceremony at the SBMA Corporate Boardroom on March 20, 2025. From left to right: Olongapo City Mayor Rolen Paulino Jr., SBMA Chairman and Administrator Eduardo Jose L. Aliño, Subicwater Chairman Apollo C. Tiglao, and Subicwater CEO Benjamin E. Antonio III Subic Water and...
Tycoon Lucio L. Co’s retail holding firm Cosco Capital, Inc. and The Keepers Holdings Inc. (Keepers), the Philippines’ largest imported liquor distributor, reported strong double-digit profit growth for 2024. In a disclosure to the Philippine Stock Exchange, Cosco reported a 25 percent hike in...
2NE1 concert at SM MOA Arena Sy-led SM Prime Holdings Inc., one of Southeast Asia’s largest integrated property developers, reported that its SM Mall of Asia (MOA) Arena posted a strong performance in 2024, as events held at the venue drew over one million in total ticket attendance. In a...
The Gokongwei Group is increasing its investments for its real estate and food and beverage units while investments for aviation drops as it expects fewer aircraft and engine deliveries. JG Summit Holdings Inc. said the sharply lower capital expenditures of Cebu Air Inc., down 49 percent to P33...
