Accounting firm Isla Lipana & Co. issued a statement pointing out that it is the auditor of Maria Francesca Tan (MFT) Group of Companies, Inc. only, and not any other companies under the group. “‘Maria Francesca Tan (MFT) Group of Companies, Inc.’ is our audit client. While the name of...
Federal Land Inc., the property development arm of the Ty family’s GT Capital Holdings Inc., is launching the low-density Hartwood Village which will be developed on a prime piece of property in its 48-hectare Meadowcrest township in Biñan, Laguna. Federal Land Chairman and CEO Alfred V....
Filinvest Land Inc. (FLI), the Gotianun Group’s publicly-listed property developer, is planning to launch this year residential projects worth P25 billion — mainly mid-rise buildings and affordable housing units. During the firm’s annual stockholders’ meeting, FLI President Tristan Las...
Businessman Eusebio Tangco’s STI Education Systems Holdings, owner of the largest network of private schools in the country, has signed a memorandum of agreement (MOA) with the Philippine School of Business Administration (PSBA) and CPA Review School of the Philippines (CPAR) to revolutionize...
Ayala Triangle Gardens (Photo courtesy of Ayala) During the summer season, people typically gravitate toward beach getaways, island explorations, and water activities in far-flung areas. However, for those in search of city-based summer festivals, Ayala Triangle Gardens (ATG) emerges as the...
Achieving a circular economy starts with us. It can be as small as reusing bottles or as progressive as setting up a business for processing different waste into resource; needless to say, the time to act is now. In a startling projection for 2025, the National Solid Waste Management Commission...
Top lender BDO Unibank Inc., the financial services arm of the SM Group, will remain cautious yet still be aggressive in 2024 even as earnings are trending towards beating last year’s record performance. BDO President and CEO Nestor V. Tan In a press briefing before the bank’s annual...
SSI Group, the Tantoco family’s retail business holding company, continued to post record growth with net income rising 34 percent to hit an all-time high of P2.58 billion last year as consumer spending sustains its recovery. In a disclosure to the Philippine Stock Exchange (PSE), the firm...
Filipinos’ desire for people-moving, seven-seater crossovers keeps fueling the influx of new marques and models, the majority from China. People keep asking me, are they good or not? One brand gaining traction is Jetour. I believe it is more because of the cute Ice Cream EV (electric vehicle) and...
Axelum Resources Corporation, the country’s leading fully-integrated manufacturer and exporter of premium coconut products, has signed a multi-year supply deal initially valued about P20 billion with The Vita Coco Company, Inc., one of the world’s largest coconut water brands, on strong global...
Tycoon Andrew Tan’s township developer Megaworld Corporation has raised P500 million from the sale of shares in its real estate investment trust MREIT Inc. In a disclosure to the Philippine Stock Exchange, Megaworld said it sold 40.65 million MREIT common shares under a block sale transaction at...
Publicly-listed Balai ni Fruitas Inc., a leading Philippine counter service bakery operator, is acquiring the 40-year old legacy brand Sugarhouse and various assets related to the business. In a disclosure to the Philippine Stock Exchange, the firm said it has signed a Memorandum of Agreement to...
