Global Estate Resorts Inc. (GERI), a premier developer of integrated tourism and leisure townships controlled by Megaworld Corporation, reported a three percent improvement on attributable net income to P1.8 billion last year from the P1.79 billion earned in 2022. In a disclosure to the Philippine...
Ayala Land's Alviera project in Central Luzon emerged victorious at the 2024 Titan Property Awards, securing three accolades. Alviera A-Block clinched the gold award in the Property Strategic Program Property Launch category. Additionally, Alviera received two silver awards: one in the Property...
The Ayala Group's Integrated Micro-Electronics, Inc. reported that its subsidiary VIA optronics AG, a leading supplier of interactive display solutions, intends to voluntarily delist its American Depository Shares (ADSs) from the New York Stock Exchange (NYSE). In a disclosure to the Philippine...
Fruitas Holdings’ subsidiary Balai ni Fruitas Inc., a leading Philippine counter service bakery operator, reported a 58 percent jump in net income to P59 million last year from P37 million in 2022 on the back of industry-leading revenue growth. In a disclosure to the Philippine Stock Exchange,...
Senators on Tuesday, April 9 welcomed the Department of Environment and Natural Resources’ (DENR) decision to fully cancel its 2004 agreement with the Socorro Bayanihan Services Inc. (SBSI) that awarded them 353 hectares of land protected area in Surigao del Norte province. This,...
Officers and members of the Socorro Bayanihan Services Incorporated (SBSI) led by Jey Rence Quilario, popularly known as Senior Agila, are now being evicted in the 353-hectare Siargao Island Protected Landscape and Seascape (SIPLAS) in Surigao del Norte. This, after the Department of...
The Po family’s Century Pacific Food Inc. (CNFP), one of the leading branded food and beverage companies in the Philippines, reported a 12 percent growth in net income to P5.6 billion last year despite the inflationary environment. In a disclosure to the Philippine Stock Exchange (PSE), the...
Horizon Land, the smart value brand of Federal Land, Inc., celebrated another milestone with the topping off ceremony of the second of three towers of Quantum Residences, marking a pivotal moment in its dedication to providing practical and sensible homes in prime locations for Filipino families....
Businessman Benjamin Bitanga is transferring his privately-held 31.2 percent take in online media platform Rappler Holdings Corporation to his publicly-listed MRC Allied Inc. In a disclosure to the Philippine Stock Exchange (PSE), MRC said it will buy the 31.2 percent interest in Rappler from...
Metro Retail Stores Group Inc. (MRSGI) of Cebu’s Gaisano family has inaugurated and started the operation of its distribution center in Santa Rosa, Laguna as part of the retail firm’s Luzon growth initiative. In a disclosure to the Philippine Stock Exchange, the firm said the Metro Distribution...
Diversified engineering conglomerate DMCI Holdings, Inc. reported that its board of directors has approved cash dividends amounting to P9.56 billion. In a disclosure to the Philippine Stock Exchange, the firm said the cash dividends consist of a regular cash dividend of P0.46 per common share...
Integrated Micro-Electronics Inc. (IMI), the Ayala Group’s semiconductor manufacturing arm, reported that its net loss ballooned to $109.2 million last year, 16 times the loss of $6.8 million in 2022. In a disclosure to the Philippine Stock Exchange (PSE), the firm said its 2023 performance...
