Another loan from the World Bank is forthcoming for the Philippines, this time to finance the country’s fight against epidemics by strengthening both human and animal health systems to improve pandemic preparedness. According to a Aug. 12 concept environmental and social review summary...
Alliance Global Group Inc. (AGI), the conglomerate led by tycoon Dr. Andrew L. Tan, reported a 39-percent jump in net income to ₱19.2 billion in the first half of the year, driven largely by the increasing contribution from its real estate business and tourism-related segments, on the back of...
Jollibee Foods Corp., one of the largest Asian food service companies, reported an almost flat attributable net income of ₱5.62 billion in the first half of 2025 from ₱5.66 billion a year ago as weakness in the first quarter was offset by growth in April to June. Based on its disclosure to the...
The Marcos administration has secured a commitment from Indian infrastructure giant GMR Group to develop the Sangley Point International Airport (SPIA) in Cavite to help decongest the Ninoy Aquino International Airport (NAIA) and improve regional connectivity. According to a statement from the...
Construction tycoon Francis Lloyd Chua has taken over the chair of the board of directors of Asiabest Group International Inc. and replaced the Japanese directors representing the Okada Group’s Tiger Resort Asia Ltd. This comes after Chua’s Premiumlands Corp. (PLC) acquired control over...
Antonio-led Century Properties Group Inc. (CPG) reported a 14 percent growth in net income to ₱1.22 billion in the first half of 2025 from ₱1.07 billion in the same period last year on the strength of its affordable housing business. In a disclosure to the Philippine Stock Exchange, the firm...
A teachers’ group on Monday, August 11, called on the government to make “serious investments” in school security following a deadly shooting incident that claimed the life of a teacher in Balabagan, Lanao del Sur. The Teachers’ Dignity Coalition (TDC), in a statement, condemned the...
ILIGAN CITY – Three members of the lawless Dawlah Islamiyah-Maute Group (DI-MG) were killed and three others were captured in a clash with government troops in Lanao del Sur, the military said Sunday. Brig. Gen. Billy dela Rosa, 103rd Infantry Brigade commander, said the gunbattle erupted while...
Ayala Healthcare Holdings Inc. (AC Health) and Glorious Dexa Mandaya Philippines, a subsidiary of Indonesia’s Dexa Group, have forged a strategic alliance aimed at strengthening the delivery of affordable, high-quality medicines for Filipinos. In a statement, Ayala said the partnership will...
Megaworld Hotels & Resorts, a unit of township developer Megaworld Corp. and the country’s largest hotel developer, is opening seven new hotels to grow its nationwide portfolio by 50 percent to 9,000 hotel room keys by 2030. In a disclosure to the Philippine Stock Exchange, Megaworld said these...
The race for the title of the Philippines’ wealthiest person is tightening, with ports and casino tycoon Enrique Razon Jr. narrowing the gap on the long-reigning Sy siblings. The Sy siblings, heirs to the SM group, held onto the top spot on the 2025 Forbes list of the Philippines’ 50 Richest,...
What began as a small venture in Puerto Princesa with just ₱50,000 and a big dream has grown into a brand that’s been part of every Filipino’s journey for years, offering financial services that are affordable, reliable, and always delivered with heart Since 1985, the Palawan group of...
