GT Capital Holdings Inc., the Ty family conglomerate, reported that its consolidated net income rose 54 percent to P23.09 billion in the first nine months of 2023 from the P14.95 billion earned in the same period last year, boosted by its banking and automotive businesses. In a disclosure to the...
Metro Pacific Investments Corporation, now a privately-held conglomerate of the First Pacific Group and other top conglomerates, reported a 37 percent growth in consolidated core net income to P16.2 billion for the first nine months of 2023 from the P11.8 billion earned in the same period last...
TOKYO, Japan - Metro Pacific Investments Corporation (MPIC) intends to close the deal to acquire a strategic interest in coconut products exporter Axelum Resources Corporation before the end of this year despite the need to do further due diligence on the company. In a press briefing, MPIC Chief...
TOKYO, Japan -- Metro Pacific Health Corporation (MPH), an affiliate of conglomerate Metro Pacific Investments Corporation (MPIC), is aiming to grow its network to 40 hospitals by 2025. In a press briefing, MPIC Chief Finance, Risk and Sustainability Officer Chaye A. Cabal-Revilla said they have...
The Po and Gokongwei families have beefed up their stakes in Shakey’s Pizza Asia Ventures Inc. (PIZZA), one of the leading food service groups in the Philippines, by buying out the stake of Singapore’s sovereign wealth fund GIC for P2.69 billion. In a disclosure to the Philippine Stock Exchange...
The Po family’s Century Pacific Food Inc. (CNPF), one of the country’s leading food and beverage companies, reported a 10 percent year-on-year improvement in net income to P4.6 billion in the first nine months of 2023. In a disclosure to the Philippine Stock Exchange (PSE), the firm said it...
President Marcos will be visiting the Indo-Pacific Command in Honolulu, Hawaii during his working visit in the United States. President Ferdinand 'Bongbong' Marcos Jr. (Noel Pabalate) Department of Foreign Affairs (DFA) Undersecretary Charles Jose disclosed that Marcos was invited to visit the...
A US navy commander has dismissed the possibility that a war might occur in the Indo-Pacific amid military tension between US and Chinese forces in the region. As Washington currently conducts the Pacific Partnership 2023, its largest humanitarian aid and disaster relief preparedness...
Carmen's Best, a pioneer in the world of locally-produced gourmet ice cream, recently demonstrated its unwavering commitment to uncompromised quality at its "Day of Joy" celebration last Oct. 16, held at the Marquis Events Place in Taguig. Carmen’s Best Director Felipe Bince; Metro Pacific Agro...
MELBOURNE (AFP) -- Thirteen-year-old Kartik Singh became the youngest player to make the cut at the Asia-Pacific Amateur Championships, but the Indian golf prodigy will not be posting an historic win after slumping to an 81 on Saturday, Oct. 28. Singh fired an opening-round seven-over-par 78 and...
Gokongwei-owned Cebu Pacific Air (CEB) has completed its inaugural sustainable aviation fuel (SAF)-powered flight from the Narita International Airport in Japan to Manila, in fulfillment of its commitment to sustainable aviation. CEB is the first Philippine airline carrier that has used SAF in a...
Bangkok is one of the most visited cities in the world. Known as the “great city of angels,” Thailand’s capital offers a spiritual experience for tourists as they visit the many temples and marvel at the beautiful architecture of the historical sites showcasing its rich cultural heritage....
