Belle Corp., the leisure arm of the SM Group, reported a 14-percent drop in net income to ₱1.32 billion for the first nine months of 2025 from the ₱1.53 billion recorded for the same period in 2024, mainly due to lower earnings from City of Dreams Manila (CODM). In a disclosure to the...
D&L Industries Inc. reported that two of its wholly-owned subsidiaries operating at its new Batangas plant, D&L Premium Foods Corp. (DLPF) and Natura Aeropack Corp. (NAC), have been granted two more years of Income Tax Holiday (ITH) by the Philippine Economic Zone Authority (PEZA). Originally set...
In line with its transformation into an infrastructure conglomerate, Asiabest Group International Inc. is offering shares worth up to ₱24.66 billion and acquiring the infrastructure and real estate companies of its chairman, Francis Lloyd Chua, for ₱15 billion. In a disclosure to the Philippine...
Belle's Tagaytay Highlands resort The SM Group’s leisure developer and gaming firm Belle Corporation reported a five percent improvement in net income of ₱462.4 million in the first quarter of the year from the ₱439.7 million recorded for the same period in 2024. In a disclosure to the...
Leisure developer and gaming firm Belle Corporation reported an almost flat consolidated net income in 2024 amounting to ₱2.43 billion from the ₱2.42 billion it earned in 2023. In a disclosure to the Philippine Stock Exchange, the firm said its consolidated recurring net income grew seven...
Japanese singer Ado, known for not revealing her face, will be holding her world tour in Manila next year. Crunchyroll announced that Ado will embark on her second world tour, Ado World Tour 2025 “Hibana” Powered by Crunchyroll. In Manila Ado will hold the world tour on May 8 next...
Cyber insurance opportunities abound in the Philippines and its neighboring countries where protection is still low, according to global reinsurance broker Gallagher Re. "The greenfield opportunity is particularly large for markets we identify as 'up-and-comers', like Thailand, Malaysia, Vietnam,...
Senate President Francis “Chiz” Escudero said the Philippine Health Insurance Corporation (PhilHealth) can afford to lower its members' mandatory contribution thanks to the huge chunk of unutilized funds that it has accumulated over the years. Citing figures from the Department of Finance (DOF)...
Starting at just P145 per year, Filipinos can now have their hospital bills covered for the top three critical illnesses with the introduction of Oona Philippines' new insurance product. The Critical Illness Insurance was designed to provide affordable coverage for three major health threats:...
The insurance premiums of the state-run Government Service Insurance System (GSIS) jumped to 12 percent in the first quarter of 2024. The GSIS reported on Thursday, May 2, that their collected insurance premiums garnered P2.98 billion from January to March this year, which is higher than P2.65...
Gaming and leisure property firm Belle Corporation has set the price of its tender offer for all the minority shares of Premium Leisure Corporation at P0.85 per share for a total of P5.33 billion. In a disclosure to the Philippine Stock Exchange (PSE), the firm said they are mopping up...
Belle Corporation is seeking to buy all P4.6 billion worth of minority-held shares of the highly-profitable gaming subsidiary Premium Leisure Corporation (PLC) with the intent of voluntarily delisting it from the Philippine Stock Exchange. In a disclosure to the PSE, PLC said it was “informed of...
