Robinsons Retail Holdings, Inc., a member of the Gokongwei Group, reported a 26.7 percent growth in attributable net income to a record P5.7 billion last year from P4.53 billion in 2021. In the disclosure to the Philippine Stock Exchange, the firm said its 2022 earnings performance eclipsed the...
DMCI Holdings Inc. and subsidiary Semirara Mining and Power Corporation have been included as members of the prestigious 2023 Bloomberg Gender-Equality Index (GEI) for the third consecutive year. Bloomberg GEI is a modified market capitalization-weighted index that aims to track the performance of...
The Keepers Holdings, Inc., the liquor importation and distribution business of Lucio Co, has acquired cocktail mixer brand Island Mixers from Diageo Philippines, Inc. for an undisclosed sum. In a disclosure to the Philippine Stock Exchange, Keepers said Island Mixers is a non-alcoholic cocktail...
The composition of the Philippine Stock Exchange’s 30-stock benchmark, the PSE index (PSEi) will see some changes starting Feb. 6, 2023. In a statement, the bourse said DMCI Holdings, Inc. (DMC) and Union Bank of the Philippines (UBP) will be included in the PSEi, replacing Megaworld Corporation...
Solar Philippines Power Project Holdings, Inc. (SP) is opening up subsidiary SP New Energy Corporation (SPNEC) to more strategic partners as it is planning private placements worth about P2.7 billion through asset-for-share swaps. In a disclosure to the Philippine Stock Exchange, SP said the...
SM Investments Corporation is optimistic about its prospects this year as it pushes forward with its expansion and growth plans to reach more communities. “We are investing in the future growth of the Philippines as it continues to present tremendous potential,” SM Investments Corporation...
Diversified engineering conglomerate DMCI Holdings and its energy subsidiary Semirara Mining and Power Corporation (SMPC) have been recognized for their corporate governance performance by the Institute of Corporate Directors (ICD). DMCI Holdings received the 2 Golden Arrow recognition while SMPC...
The Toll Regulatory Board (TRB), together with MPCALA Holdings Inc., recently inspected the 14-kilometer operational segment of the Cavite-Laguna Expressway (CALAX). The tollway's Subsection 4, the Silang (Aguinaldo) segment, is 65 percent complete while the overall CALAX project is more than 57...
Uneco Land Corporation built an illegal ranch where the Silang (Aguinaldo) Interchange of the P35.7 billion Cavite-Laguna Expressway (CALAX) passes through, Silang Mayor Kevin Anarna alleged. According to the town mayor, the Office of the Local Building Official of the Municipality of Silang, "has...
The SM Group of companies bagged six trophies during the ASEAN Corporate Governance Scorecard (ACGS) Awards which was hosted by the Institute of Corporate Directors Philippines. In statement, the group said SM Investments Corporation, SM Prime Holdings Inc., BDO Unibank Inc., China Banking...
Robinsons Retail Holdings Inc. (RRHI), a member of the Gokongwei conglomerate, is set to acquire an additional 4.4 percent stake in Bank of the Philippine Islands worth almost P20 billion bringing the retail firm's stake to 6.8 percent and the entire Gokongwei group's shareholdings in the...
Solar Philippines is preparing for the conversion of over 3,000 hectares in Nueva Ecija and Bulacan into industrial land this year after securing off-take agreements for its projects in 2022. In a disclosure to the Philippine Stock Exchange, SP New Energy Corporation (SPNEC) said it has already...
