Nobody likes driving a stick shift in traffic. If people had a choice, everyone would be using an automatic transmission. But occasionally, a manual comes with remarkable balance, dynamic performance, precise handling, and everyday usability. Say hello to the Civic Type-R. Unlike its predecessor,...
The country’s car sales posted a 1.4 percent increase in July, the slowest growth rate for the year, as the industry reels from the impact of severe weather disturbances. Based on a joint report by the Chamber of Automotive Manufacturers of the Philippines Inc. (CAMPI) and the Truck Manufacturers...
Metro Retail Stores Group Inc. (MRSGI), a supermarket and department store chain controlled by the Gaisanos of Cebu, reported a 45.7-percent jump in net income to ₱146.3 million in the first half of the year. The company said its strong performance was particularly driven by its second-quarter...
With the sheer number of crossover options these days, it’s easy to forget that small hatchbacks like the Honda City Hatchback RS are still being offered. It may seem out of place in today’s traffic populated by SUVs, but this little car has some features and experiences the SUVs (even small...
PHINMA Education Holdings, Inc. (PEHI), subsidiary of PHINMA Corp. (PHN), reported that it has received the ₱825 million investment of Rise Edu Pte. Ltd., an investment vehicle of funds managed by Kaizenvest (Kaizenvest III). In a disclosure to the Philippine Stock Exchange, the firm confirmed...
Signature Series by SM Residences, the premium primary residential brand of SM Prime Holdings (SM Prime), is looking to launch a landmark development in Makati City by the first half of 2027 as it is now finalizing a strategic partnership with a luxury developer. In an online media briefing, SM...
Ayala Malls, the retail arm of real estate giant Ayala Land Inc. (ALI), is investing ₱12.7 billion for the planned redevelopment and construction of its three Cebu-based malls that will boost their economic vitality and retail prominence. The investment is a key part of ALI’s previously...
Alliance Global Group Inc. (AGI), the conglomerate led by tycoon Dr. Andrew L. Tan, reported a 39-percent jump in net income to ₱19.2 billion in the first half of the year, driven largely by the increasing contribution from its real estate business and tourism-related segments, on the back of...
Telco-to-tech provider Converge ICT Solutions Inc. is cutting its revenue growth outlook for the year down to 10 to 12 percent despite posting a robust first-half performance and an overall strong demand. In a disclosure to the Philippine Stock Exchange, the Uy-led telco reported that its net...
Visayas-Mindanao (VisMin) property developer Cebu Landmasters Inc. (CLI) is planning to launch 12 projects worth ₱29 billion in the second half of the year to sustain its growth momentum, which led to a 13-percent improvement in net income to ₱2.49 billion in the first half of 2025 from ₱2.21...
Head of the Philippines’ largest bank believes the country’s economy will be shielded from the direct fallout of new United States (US) tariffs, but warned of a larger, global danger that could ripple back to the country through remittances. Speaking with Channel News Asia (CNA), BDO Unibank...
Construction tycoon Francis Lloyd Chua has taken over the chair of the board of directors of Asiabest Group International Inc. and replaced the Japanese directors representing the Okada Group’s Tiger Resort Asia Ltd. This comes after Chua’s Premiumlands Corp. (PLC) acquired control over...
