Tanco-led STI Education Services Group Inc. (STI ESG) has retained the Issue Credit Rating of PRS A plus from Philippine Rating Services Corporation (PhilRatings) for its outstanding bond issuance of P820 million. PhilRatings said this is based on its on-going and initial review of the account...
Metro Retail Stores Group Inc. (MRSGI) of Cebu’s Gaisano family suffered a 19.6 percent drop in net income to P204.7 million in the first nine months of 2024 from P254.6 million in the same period last year. In a disclosure to the Philippine Stock Exchange (PSE), the firm said the decline in...
Ford Maverick hybrid pickup Electrified vehicles are certainly on Filipino car buyers’ radar, but they won’t quite make the leap yet until the infrastructure is improved. As part of its multi-market research, Ford conducted a survey through global research and analytics consultancy, Escalent in...
Food and beverage holding company Figaro Coffee Group Inc. (FCG) posted a 17 percent growth in net income to P103.5 million for the first quarter of its fiscal year ending June 30, 2025. In a disclosure to the Philippine Stock Exchange (PSE), the firm said its strong momentum in fiscal year 2024...
BDO Corporate Center Makati, the towering exoskeleton building (Artist's perspective) Scheduled to be completed in 2028, the BDO Corporate Center Makati will stand as a landmark skyscraper in the heart of the Makati Central Business District (MCBD). O n November 15, 2024, BDO...
The Tantoco family’s upscale retailer SSI Group Inc. is more optimistic of its prospects next year compared to 2024 even as it continues to expand its food service portfolio to include the Venchi chocogelateria. In an interview, SSI President and CEO Anton T. Huang said, “I remain optimistic...
PH Resorts Group Holdings Inc., the hotel and casino business unit of Davao tycoon Dennis A. Uy, continues to hold “strategic investor discussions with several parties” for partnerships in, or acquisition of, its integrated resorts while raising funds to meet its obligations. In a disclosure to...
Suntrust Resort Holdings Inc., a partnership between LET Group Holdings and Megaworld Corporation, reported that its net loss increased 15 percent to P477.56 million in the first nine months as it continues to spend for the development of its $1.1 billion resort and casino project in Parañaque....
Listed real estate developer Century Properties Group Inc. (CPG) is on track to meet its full-year financial targets, reporting a consolidated net income after tax (NIAT) of P1.8 billion for the first nine months of 2024, a 38 percent increase from P1.3 billion in the same period last year....
CEBU CITY – The hospitality industry in Cebu received a much-needed shot in the arm after a local hotel recently tied up with a Singaporean multinational brand. PRIMARY Group of Builders (PGB) recently signed a partnership with Singraporean multinational brand Banyan Group. Present in the...
Alliance Global Group Inc. (AGI), the investment holding company of tycoon Andrew Tan, reported an almost flat net income of P20.05 billion during the first nine months of the year versus P20.14 billion in the same period of 2023. In a disclosure to the Philippine Stock Exchange (PSE), the firm...
Max’s Group, Inc. (MGI), the Philippines’ largest casual dining restaurant group, reported a 41 percent drop in net income to P186 million in the first nine months of the year from P314 million in the same period last year. In a disclosure to the Philippine Stock Exchange, the firm said this is...
