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...
Renewable energy (RE) firm Alternergy Holdings Corp. reported that its Alabat wind power project is making progress following the arrival of its two units in Quezon province. In a statement on Tuesday, April 8, Alternergy reported that the first two wind turbines, with a capacity of eight megawatts...
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...
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,...
DITO CME Director Cherylyn C. Uy DITO CME Holdings Corp. announced the replacement of a board director and its treasurer, Cherylyn C. Uy, the spouse of founder and Davao tycoon Dennis A. Uy, to make room for representatives of its new controlling shareholder, Singaporean Summit Telco Corp. Pte....
First Philippine Holdings Chairman Federico R. Lopez (third from left) joins other top business leaders in signing with Environment Secretary Maria Antonia Yulo Loyzaga (fifth from left) a memorandum of understanding in support of government’s program to plant 10 million trees over the next three...
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...
The future Villar City Golden MV Holdings Inc., the deathcare and property development business of billionaire Manuel B. Villar, saw its profit surge to ₱999.72 billion last year, up from ₱1.46 billion in 2023, as its assets in Villar City appreciated by ₱1.33 trillion. In a disclosure to the...
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...
To push through with solar developments in Bataan, renewable energy (RE) firm Alternergy Holdings Corp. announced that its subsidiary secured project funding from Rizal Commercial Banking Corp. (RCBC). In a disclosure to the Philippine Stock Exchange on Friday, March 28, Alternergy said its unit...
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...
