MREIT Inc., the real estate investment trust (REIT) of top township developer Megaworld Corp., is raising its authorized capital stock by 60 percent to ₱8 billion from ₱5 billion so it can issue more shares for the acquisition of fresh assets. In a disclosure to the Philippine Stock Exchange...
D&L Industries Inc., the country’s top specialty food ingredients and oleochemicals producer, is confident of hitting and even exceeding its 10-percent profit target for 2025 as annualized first-half earnings are already tracking a 19-percent improvement on the back of exports driving growth....
Honda Philippines, Inc. (HPI) kicked off the first leg of is series of riders’ conventions in Cebu. Held annually, the Honda Riders’ Convention is a grand gathering of Honda motorcycle owners, clubs, and enthusiasts from across the region. It serves as a platform to gather riders, introduce the...
SM Prime Holdings Inc. (SM Prime), the Sy family’s property development company, is investing ₱7 billion to redevelop and further expand SM Megamall, one of the Philippines’ most iconic malls, with phased completion targeted between 2027 and 2029. In a disclosure to the Philippine Stock...
Century Pacific Food Inc. (CNPF), through United States (US)-based subsidiary Century Pacific North America Inc. (CPNA), has acquired the Loma Linda brand from Atlantic Natural Foods Inc. (ANF) to further scale its growing presence in shelf-stable, plant-based nutrition. In a disclosure to the...
Gokongwei-led JG Summit Holdings Inc. (JGS) reported that its net income inched up in the first half of 2025 due to the strong performances of its subsidiaries coupled with tapering losses in its petrochemical business, which was closed this year. In a disclosure to the Philippine Stock Exchange...
The Marcos administration is pushing for the exemption of the Philippines from the planned imposition of a 100 percent tariff threatened by United States (US) President Donald Trump on foreign-made semiconductors, cushioning the industry from a potential slowdown in investments. Special Assistant...
Antonio-led Century Properties Group Inc. (CPG) reported a 14 percent growth in net income to ₱1.22 billion in the first half of 2025 from ₱1.07 billion in the same period last year on the strength of its affordable housing business. In a disclosure to the Philippine Stock Exchange, the firm...
The Aboitiz and Yuchengco groups have secured their respective boards’ approval for a planned joint venture to significantly expand the TARI Estate in Tarlac by 184 hectares to 384 hectares. The joint venture agreement is between LIMA Land, Inc., a wholly owned subsidiary of Aboitiz InfraCapital...
Tycoon Lucio L. Co’s retail holding company Cosco Capital Inc. reported a 9.3-percent growth in consolidated net income to ₱7.6 billion for the first half of 2025 from the ₱6.97 billion earned in the same period last year as consumer spending continues to improve. In a disclosure to the...
A new chapter opens in Batangas’ first integrated business district as The Golf Range at Lima Estate breaks ground, with operations set to start in November 2025. The facility offers a straightforward blend of work and play for employees, residents, and visitors. Developed by Partners and...
Following its confirmed 100-percent ownership of the recently completed Wawa Dam project, Razon-led Manila Water Co. Inc. has signed a share purchase agreement (SPA) with Prime Infrastructure Inc. to begin payment for the acquisition. In a disclosure to the Philippine Stock Exchange (PSE) on...
