The antitrust watchdog Philippine Competition Commission (PCC) has greenlighted the joint venture (JV) between the Yuchengco and Aboitiz families to develop a 184-hectare (ha) industrial park in Tarlac province as an expansion of Lima Land Inc.’s TARI Estate. With PCC clearance, Yuchengco...
Competition in the Philippine brandy market is intensifying as Tanduay Distillers Inc. enters a distribution agreement with Spanish spirits producer Miguel Torres SA, aiming to chip away at the dominance of local giants and established imports. Tanduay President and Chief Executive Officer Lucio...
Fifty Philippine native tree species, including endangered and critically endangered varieties, will soon cover the Eco Forest in Parklinks estate owing to the tree planting activity, spearheaded by Ayala Land, Inc. and Eton Properties Philippines, and participated by the students of Multiple...
With competition heating up among townships strung along the C-5 corridor from Quezon City to Pasig CIty, the Ayala-Lucio Tan Group (LTG) joint venture (JV) Parklinks estate is stepping into the fray with the opening of its own mall, envisioned to set it apart from rivals. In an interview on...
Just in time for a recovery in metal prices, MacroAsia Mining Corp. (MMC), a wholly owned subsidiary of Lucio Tan Group’s (LTG) MacroAsia Corp. (MAC), has received regulatory approval for the revival of its nickel mine in Palawan province. In a disclosure to the Philippine Stock Exchange (PSE),...
Six years ago, Philippine Airlines (PAL) was flying through an existential storm, operating repatriation flights while the rest of the world’s hangars went dark. Today, the “Heart of the Filipino” has found its second wind. At a star-studded 85th-anniversary gala attended by President...
Top township developer Megaworld Corp. is investing an initial ₱8 billion to develop the 97-hectare “The Sugartown” along the Bacolod-Silay Airport Road in Talisay City, Negros Occidental. In a disclosure to the Philippine Stock Exchange, the firm said this will be its 37th township...
Local stock market may face selling pressure this week as investors lock in gains following a three-week rally, while shifting their focus to upcoming data on foreign investment and remittances for further direction. The Philippine Stock Exchange index (PSEi) has shown a bullish bias recently,...
AVANT GARDENER Here is part two of my series on PTRI’s (Philippine Textile Research Institute) Bamboo Fiber Textile Innovation Hubs, continuing from December 19, 2025. In the previous column, PTRI director Dr. Julius L. Leaño, Jr. discussed PTRI’s bamboo fiber program and why textile is...
Despite an upbeat start in January, capital market observers agree that 2025 was a disappointing year for the Philippine Stock Exchange (PSE) as the local bourse underperformed significantly while its regional peers rallied. The PSE index closed the final trading day of 2025 at 6,052.92 points,...
Citicore Power Inc. (CPI) is distributing shares of solar energy developer Citicore Renewable Energy Corp. (CREC) to its shareholders Edgar Saavedra and Oliver Tan to consolidate their direct interest in the publicly listed CREC. In a disclosure to the Philippine Stock Exchange (PSE), CREC said CPI...
AVANT GARDENER I was invited to the 10th Filipino Faces of Biotechnology (FoB) Awards presented by the Department of Agriculture Biotechnology Program Office (DA Biotech Program). Now in its 10th year, this award is given to scientists, civil servants, farmers, communicators, and student leaders...