Diversified engineering conglomerate DMCI Holdings of the Consunji family reported a consolidated net income of P15.9 billion in the first semester, a 22 percent decrease from P20.3 billion last year due. In a disclosure to the Philippine Stock Exchange, the firm said this is due to lower...
The Professional Regulation Commission (PRC) Board of Electrical Engineering (BEE) and the Institute of Integrated Electrical Engineers of the Philippines (IIEE) awarded SM Prime Holdings, Inc. (SMPHI) Certificate of Compliance to RA 7920 or the Electrical Engineering Law. PRC...
SM Prime Holdings, Inc., one of the leading and integrated property developers in Southeast Asia, recently joined forces with the Department of Energy (DOE), Presidential Communications Office (PCO), and USAID for the "You Have the Power" energy conservation campaign. In photo from left: Evan Josh...
SM Prime Holdings Inc., one of the largest integrated real estate companies in Southeast Asia, is planning a $1-billion real estate investment trust offering to help fund its massive P136 billion capital expenditures for 2023. During the firm’s annual stockholders’ meeting, SM Prime President...
Preparing for expansion in Zamboanga Peninsula Leading food and beverage kiosk and community store operator, Fruitas Holdings Inc., listed on the Philippine Stock Exchange under the symbol FRUIT, has set its sight on the Zamboanga Peninsula by securing two strategic locations for its new Ling Nam...
Leading Philippine counter service bakery company, Balai ni Fruitas, listed on the Philippine Stock Exchange under the ticker BALAI, is expanding the distribution of Balai Pandesal baked goods in Cebu through supermarkets and convenience stores. This is in line with the company’s strategic...
SM Prime Holdings Inc., one of the leading integrated property developers in Southeast Asia, reported a 38 percent growth in consolidated net income to P30.1 billion last year from P21.8 billion in 2021. In a disclosure to the Philippine Stock Exchange, the firm said the improvement is supported by...
STI Holdings reported a 299 percent surge in net income to P223.4 million for the first six months of its fiscal year (FY)ending June 30, 2023 from the P56 million earned during the same period in FY 2022. The company, which owns and operates one of the biggest networks of private schools in the...
Tycoon Enrique K. Razon’s Prime Infrastructure Inc. has agreed to restructure its partnership with Leandro Leviste’s Solar Philippines Power Project Holdings, Inc. (SP) that involves three joint venture companies. In a disclosure to the Philippine Stock Exchange, SP said it has entered into a...
Solar Philippines Power Project Holdings, Inc. (SP) is offering to purchase any shares from SP New Energy Corporation’s (SPNEC) Stock Rights Offering (SRO) that are not fully-paid to ensure its completion by March. In a disclosure to the Philippine Stock Exchange, SPNEC said it is committed to...
Sugar and ethanol producer Roxas Holdings, Inc. (RHI) reported a core net loss of P198 million for the first quarter of its fiscal year ending September 2023, slightly higher than its loss of P196 million for the same period last year. In a disclosure to the Philippine Stock Exchange, RHI Chairman...
The Power of Possibility When Jake Intia decided to switch careers and pursue franchising, little did he know that it would lead to a life-changing decision. As a ‘Frentrepreneur,’ or one of the franchise entrepreneurs under the House of Fruitas (HoF) group of brands, he found that the sky is...