The Mandaluyong City local government forged ties with LoveYourself Inc. last Nov. 3 to further enhance the city 's capabilities in providing topnotch care and medical services for HIV patients. Mandaluyong City Mayor Menchie Abalos attended the signing of the partnership agreement together...
Tycoon Manuel V. Pangilinan is not ruling out plans to revive Smart Money, a pioneer in the mobile wallet space, despite the executive leading its comeback having since stepped down. Pangilinan, chairman and chief executive officer (CEO) of Smart Communications Inc., said the company still...
Telecommunications giant PLDT Inc. posted higher earnings in the third quarter even as its digital bank arm, Maya, experienced a slight setback in its growth momentum following its delinking from online gambling platforms. PLDT Chairman and Chief Executive Officer (CEO) Manuel V. Pangilinan said...
STI Education Systems Holdings Inc. posted a 38 percent jump in net income to ₱2.22 billion for the fiscal year ended June 30 this year from ₱1.61 billion the year prior, fueled by continued enrollment growth. In a disclosure to the Philippine Stock Exchange, the firm, which owns the...
Businessman Joseph C. Sy divested 31 percent of his ownership in Global Ferronickel Holdings Inc. (FNI) to Senior Vice President Mary Belle Bituin, transferring the majority of his 43.5 percent personal stake in the company. In a disclosure to the Philippine Stock Exchange, the company said the...
D&L Industries Inc., the country’s top specialty food ingredients and oleochemicals producer, is optimistic that 2026 will be a better year for its business even as it continues to target a 10-percent profit growth for 2025. “From what we see, interest rates are coming down—not just in the...
Aboitiz Equity Ventures Inc. (AEV) reported an eight percent dip in consolidated net income to ₱17.3 billion in the first nine months of the year, from ₱18.8 billion in the same period last year, as surge in third-quarter earnings was not enough to offset softness in the first half. In a...
Global headwinds for its scotch business dragged down earnings for Emperador Inc., the spirits unit of Alliance Global Group, with attributable net income slipping to ₱4.68 billion in the first nine months of the year from ₱4.79 billion a year ago. In a disclosure to the Philippine Stock...
Stock market investors will focus on a data-heavy week, with trading cues centered on the release of inflation and economic growth figures and the highly anticipated listing of Maynilad Water Services Inc. shares following its massive initial public offering (IPO). However, Philstocks Financial...
Christmas is the season of giving, a time to share hope and kindness with the community. This spirit shone brightly at the “Pearl of the Holiday Season” Christmas Tree lighting ceremony, a tribute to Cebu’s strength and resilience, like a pearl that becomes more radiant through every...
SM Prime Holdings Inc., one of Southeast Asia’s largest integrated property developers, reported that business unit SM Offices is scaling up its use of renewable energy (RE) as part of a broader push to make sustainability a driver of growth and tenant value. SM Offices now sources more than...
The Securities and Exchange Commission (SEC) has approved the planned fixed-rate retail bond offering of SM Prime Holdings, Inc., worth up to ₱17 billion under the company’s ₱100 billion shelf registered bonds. In a disclosure to the Philippine Stock Exchange, SM Prime said it has received...