Tycoon Andrew Tan’s Megaworld Corporation, the country’s leading township developer, posted a 10 percent improvement in net income to P5.02 billion during the first quarter of 2024 from the P4.56 billion in the same period last year. In a disclosure to the Philippine Stock Exchange, the...
Mactan Expo Center (Artist's perspective) Lapu-Lapu City in Cebu is well-known for its beautiful beaches, rich cultural heritage, and warm hospitality. Now, it has entered a new phase of development with the addition of a modern convention facility, the Mactan Expo Center. Property giant Megaworld...
The largest solar panel system of SM Supermalls in SM City Santa Rosa has recently received a Certificate of Compliance by the Energy Regulatory Commission. SM Supermalls has recently unveiled the company’s largest self-used rooftop solar photovoltaic (PV) system to date at SM City in Santa Rosa,...
While optimistic that its business remains on strong footing, taipan Lucio Tan’s LT Group is also being cautious as interest rates remain high while inflation is rising. “We are excited about the future. Our fundamentals are solid. While we are cautiously optimistic about the macroeconomic...
RLC Senior Controls and Compliance Manager Christian Lorenz C. Pacheco; RLC Digital Transformation Director Luzelle Artillero; RLC Corporate PR Director Roseann C. Villegas; RLC Head of Investor Relations Rommel Rodrigo; RLC Vice President and Deputy Compliance Officer Liza R. Gerella; RLC Chief...
The Sy family’s SM Prime Holdings Inc., one of the largest integrated property developers in Southeast Asia, continues to be optimistic about the prospects of its mall business in China, particularly the Fujian province. SM Supermalls President Steven Tan “We still see a lot of potential for...
AVANT GARDENER Over the weekend I attended a Harvest Dinner co-presented by WOFEX’s CSR arm and Sanko Plastics, featuring dishes from Chef Waya Araos-Wijangco and Gilbert Lee. “Harvest Dinners are a small gathering of different members of the food service industry and stakeholders for the...
Golden Haven Memorial Parks, the leading provider of death care services and pioneer of themed memorial parks in the Philippines, proudly introduces its latest offering: The Memory Tree. This unique memorialization option allows clients to honor their dearly departed through a living tribute,...
Top lender BDO Unibank Inc., the financial services arm of the SM Group, will remain cautious yet still be aggressive in 2024 even as earnings are trending towards beating last year’s record performance. BDO President and CEO Nestor V. Tan In a press briefing before the bank’s annual...
AVANT GARDENER I attended a webinar by the Agribusiness and Countryside Development Foundation, a non-government organization dedicated to generating jobs in rural areas, of which I am a member. Every two weeks, we invite an expert on an aspect of the agriculture industry to give a talk with...
Alliance Global Group Inc. (AGI), the investment holding company of tycoon Dr. Andrew L. Tan, reported a 20 percent growth in net income to a record P30.3 billion despite higher inflation which pushed overall costs and expenses up. In a disclosure to the Philippine Stock Exchange (PSE, the...
Citicore Renewable Energy Corporation (CREC) reported that it has secured financing arrangement of up to P20 billion with Rizal Commercial Banking Corporation (RCBC) for the funding of multiple solar power plant projects. In a statement, the firm said the projects will have a combined installed...