Young tycoon Leandro Legarda Leviste has acquired the equivalent of 8.5 percent of ABS-CBN Corporation, continuing his buying binge after selling a portion of his stake in SP New Energy Corporation to Meralco PowerGen Corporation. ABS-CBN’s share price has surged over the past week and...
Metro Retail Stores Group, Inc. (MRSGI) of Cebu’s Gaisano family reported a 32.6 percent drop in net income to P618 million last year from the P917.3 million earned in 2022. In a disclosure to the Philippine Stock Exchange, the firm said that, in terms of core net income which excludes one-time...
In the seventh year of its Carbon Sink Management Program, AboitizPower’s Therma Visayas, along with Ramon Aboitiz Foundation and partner farmers across Cebu, inch closer to a target of one million trees with 770,000 already planted as of end-2023. Trees offer a multitude of benefits to our...
To strengthen its efforts in promoting the responsible disposal of electronic waste, SM Cares, the corporate social responsibility arm of SM Supermalls, recently tapped PLDT Inc. (PLDT) and its wireless unit Smart Communications, Inc. (Smart), two of the leading telecommunications providers in the...
The Filipino Chinese General Chamber of Commerce (FCGCC) said that the public should avoid discrimination on the recent issue of the alleged influx of Chinese students in the town of Tuguegarao, Cagayan. In a statement, the organization said there must be a proper venue for the issue among the...
The Philippine karate team brought home six gold medals in the recent 11th Southeast Asian Karate Championships in Bangkok, Thailand. PH national karate team (Karate Pilipinas Sports Federation Inc.) Led by SEA Games and Asian Games medalist Sakura Alforte, the karatekas also bagged one silver and...
Diversified engineering conglomerate DMCI Holdings, Inc. aims to return to profitability by 2025 Cemex Holdings Philippines (CHP), its largest investment to date and its first acquisition in a decade, through synergies within the group. CHP, the Philippines' fourth-largest cement...
Clubhouse drop off aerial view (Artist's perspective) Dreams come in many forms — whether it's landing that dream job or providing a sanctuary for our loved ones. For those who yearn for an authentic Japanese- style living experience, Yume at Riverpark offers the perfect blend of minimalist...
AllDay Supermarket and AllHome Corporation, the publicly-listed retail units of AllValue Holdings owned by richest Filipino Manuel B. Villar Jr., reported strong profits for 2023. In a disclosure to the Philippine Stock Exchange, AllDay Supermarket (ALLDY), a leading player in the Philippines’...
Orica Philippines, a leading provider of commercial explosives and blasting systems, has kicked off its inaugural scholarship program in collaboration with the University of the Philippines College of Engineering (UP COE). In a statement, the firm said that, through this effort, scholarships will...
The Sy family’s SM Prime Holdings Inc., one of the largest integrated property developers in Southeast Asia, continues to be optimistic about the prospects of its mall business in China, particularly the Fujian province. SM Supermalls President Steven Tan “We still see a lot of potential for...
Lombard walk With record-breaking heat this season, people crave cooler environments not only to shield themselves from harsh realities but also to find solace and relaxation. The Philippines' high ranking on the 2023 World Risk Index underscores the urgency, as residents in hot cities are...