Aboitiz Power Corporation (AboitizPower) received its fourth Golden Arrow Award in a row, improving to a 4-arrow recognition after scoring 105.52 out of 130 in the 2024 ASEAN Corporate Governance Scorecard (ACGS). The assessment measures a publicly-listed company’s performance with respect to the...
The merger of two businesses is typically driven by the desire to improve efficiency, aiming for better customer service and, of course, greater growth potential. This aspiration has been realized by business stalwarts Ramon “RSA” S. Ang, president and chief executive officer of diversified San...
Spirits and real estate billionaire Andrew Tan has begun transferring ₱1.83 billion worth of Emperador Inc. shares to his holding company, Alliance Global Group Inc., locking in a roughly 16 percent gain on the stake he acquired in May and June. In a disclosure to the Philippine Stock Exchange,...
Anastacio R. Martirez has resigned as Chief Operating Officer of Smart Communications Inc., effective Oct. 21, following an internal investigation into employee complaints regarding workplace culture, according to a report by news website InsiderPH, citing an internal memo from PLDT Inc. Chairman...
Jollibee Foods Corp. reported that its Coffee Bean & Tea Leaf (CBTL) brand has opened its first in Hulhumalé, Maldives, marking another step in its growing international presence. CBTL is the Jollibee Group’s flagship brand for coffee and tea, and it now has over 1,200 locations across more than...
When Christopher Jaime T. Lichauco eats out, his wife knows what’s coming. “My wife always gets mad at me because it embarrasses her,” he said, smiling. “Whenever I’m in a restaurant, I ask the waiter or waitress where they live, to know if they’re Maynilad customers. If they are...
Recognizing the region’s role as a key driver of the nation’s economy, the Aboitiz Group is integrating key projects in housing, industry, food, and infrastructure across Central Luzon. The conglomerate envisions Central Luzon as a region of resilience and prosperity, advancing growth for...
The debate continues on the extent of the damage the flood control mess has inflicted on the market value of listed companies, with estimates of the loss ranging from a low of ₱185 billion to a high of ₱5 trillion. Admittedly, regardless of the exact figure, the anomalies plaguing the...
The Philippine Stock Exchange (PSE) has approved the voluntary trading suspension sought by Asiabest Group International Inc. (ABG) in response to shareholder calls for transparency and to avoid speculation while awaiting the final appraisals of assets to be infused into the company. “The...
As soon as the country flips its calendars to September, the air turns cooler, and malls and parks begin to glow with the warmth of the coming holidays. Embracing this festive spirit, Davao City lit up with Bright Beginnings, the ceremonial opening and Christmas lighting of Azuela High Street Park...
Diversified conglomerate San Miguel Corp. (SMC) leads the nine Filipino companies included in Forbes Magazine’s World’s Best Employers list this year, which consisted of 900 companies. SMC was ranked at No. 42, the only Philippine company in the top 100, followed by Ayala Corp. (139),...
Century Properties Group Inc. (CPG) has launched the ₱1.3-billion Azure North Townvillas, an exclusive and premium house-and-lot enclave, to capitalize on Pampanga 's emergence as a major residential investment in Central Luzon. In a disclosure to the Philippine Stock Exchange (PSE), CPG...
