The Philippine Amusement and Gaming Corp. (Pagcor) reported that its revenues surged in the first three months of the year on the back of improved operational efficiency and strategic reforms. In a statement, Alejandro H. Tengco, Pagcor chairman and chief executive officer, said the state-run firm...
The local stock market ended almost flat as investors continue to wait for fresh economic news amid uncertainty in the global front. The main index inched up 2.69 points or 0.04 percent to close at 6,252.19 with sectoral indices evenly mixed. Volume was still low at 622 million shares worth P4.88...
Belle's Tagaytay Highlands resort The SM Group’s leisure developer and gaming firm Belle Corporation reported a five percent improvement in net income of ₱462.4 million in the first quarter of the year from the ₱439.7 million recorded for the same period in 2024. In a disclosure to the...
The joint expressway project of Metro Pacific Tollways Corp. (MPTC) and San Miguel Corp. (SMC) in Southern Tagalog is set to begin construction soon, even as merger talks between the tollway giants remain on the backburner. MPTC Chairman Manuel V. Pangilinan said the two companies have...
Senator Sherwin Gatchalian on Sunday, April 27 welcomed the 10-year extension of the corporate life of the Power Sector Assets and Liabilities Management Corporation (PSALM) as this would help bring down the cost of electricity in the Philippines. “The extension of the corporate life of...
Hans 'Chico' Sy, Jr., president, SM Engineering Design and Development Corp.; Peggy Angeles, executive vice president, SM Hotels and Conventions Corp.; Elizabeth T. Sy, president, SM Hotels and Conventions Corp.; and Walid Wafik, senior vice president for operations, SM Hotels and Conventions...
Mitsubishi Motors Philippines Corp. (MMPC) continues its strong growth momentum in 2024 by notching the second consecutive year of hitting record-high sales. For the fiscal year 2024, the auto giant posted retail sales of 91,639 units, a 12-percent increase from the previous year. The fiscal...
(Left) outgoing Isuzu Philippines Corp. President Tetsuya Fujita and incoming Isuzu Philippines Corp. President Mikio Tsukui (Dexter Barro II/MANILA BULLETIN) Isuzu Philippines Corp. (IPC) has appointed long-time Isuzu Group executive Mikio Tsukui as its new president, as part of the company’s...
Summit Villas Siargao groundbreaking ceremony. Ronald Paulo, SVP, RLC – Construction Management, Mae Millo, Mega Mykon Builders, Annalyn Yap, VP, Robinsons Hotels and Resorts, Barun Jolly, SVP, Robinsons Hotels and Resorts, Haresh Hiranand, president, Hira Holdings, Inc., Seth Hiranand, managing...
Lopez-led First Gen Corp. (FGen) has teamed up with a Japanese manufacturing firm to supply 100-percent clean energy to its facilities in Zambales. In a statement released on Thursday, April 24, Sanyo Denki Philippines Inc., a subsidiary of Japan’s Sanyo Denki Co. Ltd., announced its partnership...
President Marcos said there are already discussions among groups for the possible revival of the national steel mill industry in Northern Mindanao. President Ferdinand 'Bongbong' Marcos Jr. (Mark Balmores/MANILA BULLETIN) The move, he said, would be crucial in propelling the country's...
ENEX Energy Corporation, an Ayala-led ACEN Corporation subsidiary, is actively working to unlock the full potential of its two key assets: a clean energy power plant in Batangas and an offshore oil and gas project in the West Philippine Sea. During the Annual Stockholders’ Meeting on Wednesday,...
