The Sy family’s flagship SM Investments Corporation and its banking arm, BDO Unibank, led the seven Philippine companies that made it to Forbes Magazine’s 23rd Global 2000, which ranks the largest public companies in the world. SMIC was ranked at No. 811 among the world’s top public...
Currently savoring the positive impact of its recently acquired Compose Coffee in South Korea, Asian food and beverage giant Jollibee Foods Corporation is reportedly acquiring Korean fried chicken chain owner Norang Food for $95 million in August this year. According to The Korea Times,...
DMCI Homes, the residential development arm of Consunji-led DMCI Holdings Inc., sees encouraging signs amid the supply glut in the Metro Manila market as it reports strong buyer engagement and interest in its projects while sales of ready-for-occupancy (RFO) units jumped significantly. DMCI Homes...
Filinvest-ENGIE Renewable Energy Enterprise Inc. (FREE) has completed a three-megawatt-peak (MWp) solar rooftop system for Nexperia Philippines, Inc. in Cabuyao, Laguna, marking a step in expanding its clean energy solutions for industrial clients and supporting the country 's low-carbon...
Maynilad Water Services, Inc. has replaced over 3,293 kilometers of old and aging pipelines in its concession area since 2006 as part of its long-term Non-Revenue Water (NRW) management program to address physical water losses. In a statement, Maynilad said the extensive pipe replacement effort,...
Wilcon Depot, a prominent name in the home improvement and construction supply industry in the country, recently garnered recognition, securing both the Domestic Retailer of the Year and Hardware Retailer of the Year awards at the 2025 Retail Asia Awards held in Singapore. This double win...
Empire East Land Holdings Inc., the middle-income housing unit of Megaworld Corporation, is cautiously optimistic this year despite the oversupply of condominium units for its target market. “Macro indicators show stability and the 2025 midterm elections for higher spending and infrastructure...
SM Hotels and Convention Corp. (SMHCC), the hospitality arm of SM Prime Holdings Inc. (SM Prime), is expanding nationwide with the addition of seven new hotels by the end of 2029. SM Prime said the move will increase the SM property group’s hotel count from 10 to 17 and boost total room inventory...
LIMA Infrastructure Inc., a subsidiary of Aboitiz InfraCapital Economic Estates, has been named as the government’s newest investment promotion partner, tasked with driving fresh investments into the country. In a statement, the Philippine Economic Zone Authority (PEZA) announced that it had...
While its whisky business currently faces challenges resulting in lower sales and earnings, global liquor conglomerate Emperador Inc. continues to expand its facilities as it is optimistic of a turnaround and looks forward to a growing market over the medium to long term. “We are seeing a...
Bloomberry Resorts Corp., billionaire Enrique K. Razon Jr.’s leisure and gaming business, has soft-launched its new online gaming platform MegaFUNalo, featuring free Viva movies as an added bonus to players. The firm took out full-page ads in major newspapers to announce the soft launch and its...
Homegrown Mega Prime Foods Inc. of the Tiu Lim family is aiming for its fastest-ever sales growth in 2025 as the recent acquisition of "healthy" coffee brand Jimm 's—plus potential acquisitions in the pipeline—adds more to the expanding food business. Mega Prime Foods Chief Growth and...
