Tycoon Andrew Tan’s holdings company Alliance Global Group Inc. reported an 10.6 percent decline in attributable net income to P4.2 billion in the first quarter of 2024 from the P4.7 billion earned in the same period last year. In its presentation to stock analysts disclosed to the Philippine...
LT Group, Inc.(LTG), the investment arm of taipan Lucio Tan, reported a one percent improvement in attributable net income to P6.42 billion for the first quarter of 2024 from the P6.38 billion registered in the same period last year. The firm’s disclosure to the Philippine Stock Exchange showed...
The tides are turning in the deregulated downstream oil industry, as French multinational TotalEnergies is reportedly taking its exit from the Philippine downstream oil industry, with its planned asset sale to the Villavicencio group. TotalEnergies Philippines counts more than two decades of...
K-pop idol group BTS member RM’s pre-released song “Come back to me” topped iTunes worldwide. The song by RM, who is currently serving in the military, was dropped on May 10 ahead the release of his second solo album “Right Place, Wrong Person” on May 24. According to Big Hit...
The Bases Conversion and Development Authority (BCDA) has expressed its willingness to divest its ownership in the Subic-Clark-Tarlac Expressway (SCTEX) to a group led by businessman Manny V. Pangilinan (MVP). BCDA President and Chief Executive Officer Joshua Bingcang said that the formal buyout...
NEW YORK — Cracks are showing in one of the main pillars keeping the economy out of a recession: resilient spending by U.S. households. Consumer goods giants from PepsiCo to Kraft Heinz have described recently how the combination of high inflation and higher interest rates is hurting their...
Tycoon Andrew Tan’s Megaworld Corporation, the country’s leading township developer, posted a 10 percent improvement in net income to P5.02 billion during the first quarter of 2024 from the P4.56 billion in the same period last year. In a disclosure to the Philippine Stock Exchange, the...
If you’re seeking a BGC spot to hang out with friends for a chill night out and enjoy authentic Chinese dishes and cocktails, look no further than the newly opened Red Lotus by Modern Shang. Located at One Bonifacio High Street, this Chinese resto-bar is the younger, hip outlet of Modern Shang...
K-pop girl group UNIS finished their U&iS Fansign Philippine Tour in Cebu and Manila, and thanked Filipinos for their love and support. “Maraming salamat (thank you) to all the fans for welcoming us with so much love during our tour in the Philippines!!” UNIS posted on X (formerly...
The B★VERSE “BTS, Singing the Stars” VR Exhibition will be happening from May 17 to Aug. 15 at the New Gateway Mall 2 in Araneta City in Quezon City. The exhibition will feature immersive virtual reality experience, which includes vivid recreations of BTS’ iconic The Fact Music...
While optimistic that its business remains on strong footing, taipan Lucio Tan’s LT Group is also being cautious as interest rates remain high while inflation is rising. “We are excited about the future. Our fundamentals are solid. While we are cautiously optimistic about the macroeconomic...
Korean entertainment agency Big Hit Music denied any link between Grammy-nominated K-pop group BTS and meditation group Dahnworld and religious cults. As the fight between HYBE and NewJeans’ agency ADOR CEO Min Hee-jin continues to heat up, rumors spread linking BTS to Dahnworld, accused as...
