The stock market is seen to remain volatile amid uncertainty caused by US President Donald Trump’s tariff policies, as their impact may affect policy moves by the Federal Reserve. The Fed unanimously voted to keep rates unchanged at 4.5 percent for the second straight meeting of 2025,...
ACMobility Chief Executive Officer Jaime Alfonso Zobel de Ayala While the domestic automotive industry is still dominated by Japanese giants Toyota and Mitsubishi, Ayala Corp.’s ACMobility has been slowly gaining a bigger slice of the pie thanks to its Kia and BYD electric vehicle (EV)...
From left, Ayala Managing Director Mark Robert H. Uy, Managing Director Mariana Beatriz E. Zobel de Ayala, Executive Director Jaime Alfonso E. Zobel de Ayala, and Executive Director Jaime Z. Urquijo The next generation of Zobels is stepping up the Ayala Group’s corporate ladder to take on bigger...
Amid declining casino revenues, Razon-led Bloomberry Resort Corp., owner and operator of the two Solaire and the Jeju Sun integrated resorts, is rolling its dice in the online gaming table. Sharing its online gaming plan with stock analysts, Bloomberry said it will fully launch its online gaming...
Jaime Zobel Urquijo (left) and Jaime Alfonso Zobel de Ayala (right), the two young faces of Ayala Group's future. Amid unprecedented volatility and change, the country's oldest conglomerate, with two young Jaimes, has vowed to double down on its consumer commitment, integrating its diverse...
Andrew Tan-led Megaworld Corporation, the country’s pioneer in township developments, reported a 12 percent year-on-year improvement in net income to a new record high of ₱21.7 billion as all its business segments saw strong growth last year. The firm disclosed to the Philippine Stock Exchange...
The local stock market is seen to remain volatile due to geopolitical and interest rate concerns, although share prices may get a boost from the Philippines’ exit from the grey list of the Financial Action Task Force (FATF). Unicapital Securities Equity Research Analyst Jeri R. Alfonso said that...
FOR MONDAY Two corporate bigwigs, JG Summit Holdings Inc. Chairman James L. Go and gaming tycoon Willy N. Ocier, are giving ordinary investors their masterclasses in stock investing by showing how to properly buy low and sell high. Universal Robina Corporation (URC) disclosed to the Philippine...
Senate Minority Leader Aquilino “Koko” Pimentel III on Thursday scored the Partido ng Demokratikong Pilipino-Lakas ng Bayan (PDP-Laban) wing allied with former president Rodrigo Duterte for asking him to stop using the name of the party which he previously headed. This was after the...
Ayala Corporation and San Miguel Corporation led 29 Philippine conglomerates and businesses that made it to Time magazine and Statista’s inaugural 500 Best Companies in Asia-Pacific for 2025. The ranking of 500 of the Asia-Pacific’s best companies by Time and Statista is based on a formula of...
Megaworld is set to expand its township developments in Luzon and Visayas, adding at least two new projects covering more than 300 hectares. These townships will integrate residential, commercial, and leisure spaces, continuing the company's push for urban growth outside Metro Manila. Lourdes...
Lourdes Gutierrez-Alfonso, the newly appointed president of Megaworld Corporation, has been recognized as one of the world's most influential women by Forbes magazine. Gutierrez-Alfonso, who assumed leadership of Megaworld in June 2024, has quickly made her mark on the company, according to Forbes....
