Megaworld Hotels & Resorts, a unit of township developer Megaworld Corp. and the country’s largest hotel developer, is opening seven new hotels to grow its nationwide portfolio by 50 percent to 9,000 hotel room keys by 2030. In a disclosure to the Philippine Stock Exchange, Megaworld said these...
West Zone concessionaire Maynilad Water Services, Inc. (Maynilad) has kicked off its 2025 “Plant for Life” program with an ambitious goal of planting 180,000 native trees across the Ipo and other critical watersheds this year. The initiative highlights Maynilad’s commitment to long-term...
Low-cost carrier Cebu Pacific saw its earnings in the first half rise by a staggering 153 percent from the previous year on higher passenger volume and an engine compensation package. In a disclosure to the Philippine Stock Exchange (PSE), Cebu Pacific’s parent firm, Cebu Air Inc., reported a net...
Ayala-led Globe Telecom Inc. banked on contributions from its one-off equity earnings from the parent firm of popular e-wallet GCash to weather headwinds that led to a dip in its profit in the first half of the year. In a disclosure to the Philippine Stock Exchange (PSE), Globe reported that its...
Hann Holdings Inc., the owner and developer of the integrated resort (IR) brand Hann Resort, has partnered with a European technology firm and is poised to enter the online gaming market once regulatory issues are resolved by lawmakers and the government. In an interview, Hann Group Founder,...
San Miguel Food and Beverage Inc. (SMFB), one of the core subsidiaries of diversified conglomerate San Miguel Corporation, registered a 15 percent growth in consolidated net income to ₱23 billion for the first half of 2025 due to its steady sales performance and improved cost management. In a...
Manuel V. Pangilinan-led Metro Pacific Investments Corp. (MPIC) reported a 20 percent increase in net income for the first half of 2025, driven by improved financial and operational performance and strong contributions from its energy, water, and hospital businesses. During a financial briefing,...
Property giant Ayala Land, Inc. (ALI) posted an eight percent growth in net income to ₱14.2 billion in the first semester of 2025 as revenues surged on the strength of its diversified portfolio. In a disclosure to the Philippine Stock Exchange, the firm said consolidated revenues jumped 60...
The value of the country’s agriculture and fisheries output grew by 5.7 percent in the second quarter of the year as crops and poultry production expanded due to favorable weather conditions—a development that augurs well for economic growth. Data from the Philippine Statistics Authority (PSA)...
Executives from Meralco PowerGen Corporation (MGEN) and ACWA Power paid a courtesy call on President Ferdinand R. Marcos Jr. at Malacañang Palace to present their joint strategy for advancing utility-scale renewable energy development in the Philippines. The visit follows the recent signing of a...
Lucio Co-led grocery retail leader Puregold Price Club, Inc. reported a 7.1 percent improvement in consolidated net income to ₱5.3 billion for the first half of 2025 from ₱4.95 billion, driven by strong topline growth and complemented by stable gross margins. In a disclosure to the Philippine...
Diversified engineering conglomerate DMCI Holdings Inc. reported an 18 percent drop in consolidated net income to ₱9.1 billion in the first half of 2025 from the ₱11.1 billion earned in the same period last year. In a disclosure to the Philippine Stock Exchange, the firm said it posted a net...
