PLDT’s wireless unit Smart Communications, Inc. reported a significant decline in the number of SMShing messages after it added a new and more advanced firewall that prevents text scams and spam messages from being sent to customers. “Smart continues to upgrade its cyber defenses to further...
The Sy-led SM Prime Holdings Inc. is allocating P10 billion of 10 percent of its capital expenditures to sustainable and resilient designs and using renewable energy as part of its commitment to preserving the environment. In a statement, SM Investments Corporation said SM Prime integrates rigorous...
Meadowcrest village center (Day) As many families look for a home close to amenities while still feeling like a haven, Federal Land’s Meadowcrest allows its community to experience the best of both worlds, offering an ideal blend of city convenience and countryside calm. Federal Land, through its...
Another affordable housing solution is now available for residents in Sta. Mesa, Manila, as Amaia Land unveils Amaia Skies Sta. Mesa Tower 2. The affordable housing brand of Ayala Land showcases the second and final tower of its Amaia Skies Sta. Mesa development, situated at the corner of...
Flag carrier Philippine Airlines (PAL) reported a comprehensive net income of P9.48 billion for the first half of 2024, 30 percent lower than in the same period last year. Based on the disclosure of parent company PAL Holdings Inc. to the Philippine Stock Exchange (PSE), this is on the back of...
Filinvest Development Corporation (FDC), the investment arm of the Gotianun Group, reported that its wholly owned subsidiary FDC Utilities, Inc. (FDCUI) plans to triple its generating capacity from the current 411MW to 1,350MW by 2033. In a disclosure to the Philippine Stock Exchange (PSE),...
Manila Water Company, a utility controlled by richest Filipino Enrique K. Razon Jr., reported a 37 percent jump in consolidated net income to P6.91 billion in the first half of 2024 from P5.05 billion in the same period last year. In a disclosure to the Philippine Stock Exchange (PSE), the firm...
Dominion Holdings Inc. (DHI), formerly BDO Leasing and Finance Inc., posted a seven percent growth in net income to P134.5 million in the first half of 2024, from the P125.3 million in the comparable period last year. In a disclosure to the Philippine Stock Exchange (PSE), the firm said earnings...
Property giant Ayala Land Inc. (ALI) is talking to other domestic airline companies for the sale of its investment in AirSWIFT, although negotiations with Cebu Pacific Air is "progressing." In an interview, ALI Executive Director and Head of Leasing and Hospitality Mariana Zobel de Ayala said that,...
VisMin developer Cebu Landmasters Inc. (CLI) has forged a P373.59 million joint venture with landowner Martinez Agricultural Corporation (MAC) to develop a mixed-use condominium project. In a disclosure to the Philippine Stock Exchange (PSE), CLI said it has signed a Joint Venture Agreement with...
Cebu Air Inc., the Philippines’ leading carrier operating as Cebu Pacific Air, reported a 5.4 percent dip in its net income for the first half of 2024 to P3.55 billion from the P3.75 billion earned in the same period last year mainly due to lower tax benefits. In a disclosure to the Philippine...
San Miguel Food and Beverage Inc. (SMFB), one of the core units of diversified conglomerate San Miguel Corporation, reported that its net income improved by six percent to P20 billion in the first half of 2024, driven by continued business growth. In a disclosure to the Philippine Stock Exchange...
