MREIT, Inc. Chief Operating Officer Arnie Batac, Megaworld Corporation President Lourdes Gutierrez-Alfonso, JLL Managing Director for Thailand, Vietnam, Indonesia, and the Philippines Michael Glancy, and JLL Country Head of the Philippines Joey Radovan were in attendance at the signing ceremony,...
Century Pacific Foods Inc. (CNPF), one of the leading food companies in the Philippines, reported growth for all its product lines, except for tuna exports, as easing inflation boosts consumer confidence. According to Unicapital Securities Research Analyst Jeri R. Alfonso, the company shared a...
Leading the partnership signing are (from left) Arnie Batac, chief operating officer, MREIT Inc.; Lourdes Gutierrez-Alfonso, president, Megaworld Corp.; Joey Radovan, country head, JLL Philippines; and Michael Glancy, JLL managing director for Thailand, Vietnam, Indonesia, and the...
Andrew Tan-led township developer Megaworld Corp. is investing ₱30 billion over the next five years to further ramp up its office portfolio by building new office buildings. In a disclosure to the Philippine Stock Exchange, the firm said part of the five-year budget will also be used to...
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...
