Vista Land & Lifescapes Inc., the flagship real estate firm of richest Filipino Manuel B. Villar Jr., said its wholly-owned subsidiary VLL International Inc. (VLLI) has topped its senior guaranteed notes with a fresh issuance of $50 million, bringing the total to $350 million. In a disclosure...
Ayala-led Globe Telecom said its net income was almost flat at P14.5 billion in the first half of 2024, up by one percent from P14.4 billion in the same period last year. In a disclosure to the Philippine Stock Exchange (PSE), the firm said, “This was primarily driven by the robust EBITDA...
PHINMA Corporation, a conglomerate controlled by the Del Rosarios, plans to raise up to P1 billion from a stock rights offering (SRO) in the fourth quarter of this year. In a disclosure to the Philippine Stock Exchange (PSE), the firm said its Board of Directors approved the planned SRO at its...
Ayala Healthcare Holdings Inc. (AC Health) reported that it has completed its investment in St. Joseph Drug, officially adding the North Luzon-based pharmaceutical company to its healthcare portfolio. In a statement, AC Health’s parent, Ayala Corporation, said the definitive agreements were...
Several business federations commended the Bureau of Customs' Accounts Management Office (BOC-AMO) for improving its operational efficiency and client service. The Federation of Indian Chambers of Commerce Philippines (FICCP), the Practicing Customs Brokers Association of the Philippines (PCBAP),...
Emperador Inc., the brandy and whisky unit of tycoon Andrew Tan’s Alliance Global Group, registered a 19 percent drop in attributable net income to P3.8 billion in the first semester of 2024 from the P4.7 billion earned in the same period last year. In a disclosure to the Philippine Stock...
(L-R) National Voluntary Services Program (NVBSP) at Department of Health Program Manager Marites B. Estrella; Philippine Red Cross Assistant Secretary General and Director of Blood Services Christie Monina Nalupta; Wilcon Depot Executive HR Manager Emilio Obispo and President of...
Del Monte Pacific Limited’s (DMPL) US subsidiary Del Monte Foods Inc. (DMFI) and certain of its existing lenders completed a new financing arrangement for up to $240 million. In a disclosure to the Philippine Stock Exchange (PSE), DMPL said this new arrangement involves a new term loan...
Diversified engineering conglomerate DMCI Holdings reported a 29 percent decline in net income to P11.1 billion in the first half of 2024 from P15.6 billion in the same period last year. In a disclosure to the Philippine Stock Exchange (PSE), the firm said the lower earnings is primarily due to...
The Sy siblings’ SM Prime Holdings Inc., one of the leading integrated property developers in Southeast Asia, reported that its consolidated net income improved 13 percent to P22.1 billion in the first half of 2024 from the P19.4 billion in the same period last year. In a disclosure to the...
PLDT's wireless unit Smart Communications Inc. warns the public against cybercriminals employing new strategies to reach potential victims even as it continues to step up its measures against text scams. In a statement, Smart said it has recently rolled out its improved blocking tool and boosted...
The SM Group is providing the opportunity for local farmers and entrepreneurs to step onto a bigger stage through its SM Weekend Market. Developed as a collaborative effort between SM Foundation and SM Supermalls, this initiative is not just about commerce; it's a strategic move to integrate...
