Topping off ceremony (from left to right): Imee Francisco, senior vice president and head of Costa del Hamilo Inc.; Shirley C. Ong, executive vice president and business unit head of SM Leisure Resort and Residences (SMLRR); Harvey T. Sy, head of technical and project planning and design; Zenia Sy,...
SMDC’s Move In Now program allows qualified buyers to move in within 90 days with only a 5% spot down payment SM Development Corp. (SMDC), the residential arm of Sy-led SM Prime Holdings Inc., has launched a new program, Move In Now, to entice buyers for its...
GT Capital Chief Financial Officer George Uy-Tioco, Jr. GT Capital Holdings Inc., the investment arm of the Ty family, is looking to invest $100 million to $200 million in prospective partners as part of moves to diversify its business portfolio and lessen its dependence on the banking and...
JG Summit President and CEO Lance Gokongwei Gokongwei-led JG Summit Holdings Inc. (JGS), one of the Philippines’ largest and most diversified conglomerates, reported a 29-percent year-on-year growth in core profits to ₱24.9 billion in 2024. In a disclosure to the Philippine Stock Exchange, the...
GT Capital Holdings Inc., the investment arm of the Ty family, reported a two-percent dip in consolidated net income to ₱28.8 billion for 2024, from the ₱29.3 billion it earned in 2023, due to non-recurring gains in the previous year. Excluding non-recurring gains from lot sales and incentives...
Consunji-led DMCI Holdings Inc. has declared ₱7.97 billion or ₱0.60 per share in total cash dividends following board approval in a special meeting. In a disclosure to the Philippine Stock Exchange, the firm said the declared amount includes a regular dividend of ₱0.35 per share and a special...
SixE-com Center was designed by the renowned architectural firm Arquitectonica, whose portfolio includes well-known projects such as the Microsoft Headquarters in Paris, the Bronx Museum in New York and the International Finance Center in Seoul. SM Offices, a business unit of Sy-led SM Prime...
DMCI Holdings Executive Vice President and Chief Finance Officer Herbert Consunji Consunji-led DMCI Holdings Inc. is allotting about ₱70 billion for capital expenditures (capex) this year—including investments of affiliate Maynilad Water Services Inc., making its budget 45 percent more...
SM MOA Square Solar Rooftop PV System SM Prime Holdings Inc., one of Southeast Asia’s largest integrated property developers, plans to add 20 rooftop solar photovoltaic (PV) projects this year after expanding its solar energy by 49 percent in 2024. In a disclosure to the Philippine Stock...
Manuel V. Pangilinan-led First Pacific Co. Ltd. is directly investing ₱726.29 million in Maynilad Water Services Inc. through its ₱49 billion initial public offering (IPO) to offset a small portion of the dilution in the stake of subsidiary Metro Pacific Investments Corp. (MPIC). In a...
SM Investments Corp. (SMIC), the flagship of the Sy-led SM Group, is optimistic about the Philippines’ growth momentum, reaffirming its commitment to the economy’s future. In recent interviews on CNBC and Bloomberg, SM Executive Vice President for Treasury, Finance, and Planning Erwin G. Pato...
Diversified engineering conglomerate DMCI Holdings Inc. of the Consunji Group reported a 21 percent drop in net income to ₱19 billion in 2024 from ₱24 billion in 2023 due to the impact of weaker commodities and electricity prices, lower construction accomplishments, and an anemic real estate...
