Vista Land & Lifescapes Inc., owned by the richest Filipino Manuel B. Villar Jr., posted a five percent improvement in net income to ₱3.4 billion in the first quarter of 2025 from ₱3.23 billion in the same period last year due to higher sales and leasing income combined with lower expenses. In...
For the people of Toledo City, Cebu, the ocean is more than just a view — it’s a lifeline worth preserving. Along one of its coasts, Aboitiz Power Corporation (AboitizPower), through its subsidiary Therma Visayas, Inc. (TVI), is working with the Scubasureros to protect marine ecosystems....
Jollibee Foods Corporation is divesting its stake in C-Joy Poultry Realty Inc., the firm that owns the land for its chicken meat processing joint venture with Cargill Philippines, C-Joy Poultry Meats Production Inc. tIn a disclosure to the Philippine Stock Exchange, Jollibee said it will fully...
VisMin developer Cebu Landmasters, Inc. (CLI) expects to generate a total of ₱5.4 billion in revenue from its recently launched garden-themed residential condominium in Pristina Town—its most prime township in northern Cebu City. The firm stated that the project, North Grove, is the first...
Consumers in Catanduanes will be forced to sweat through longer hours of rotational brownouts due to the ₱538 million worth of unpaid obligations of state-run National Power Corporation (NPC) to power supplier Sunwest Water and Electric Co. Inc. (SUWECO). SUWECO, which operates at least five...
Stock investors are expected to take cues from the release of a slew of data this week, which includes the Philippines’ budget and trade balance numbers as well as US gross domestic product and jobless claims. Rizal Commercial Banking Corporation Chief Economist Michael L. Ricafort said upcoming...
After reducing the number of shares for its initial public offering (IPO), Maynilad Water Services Inc. may tighten the offer price to between ₱12 and ₱14 per share from its initially indicated maximum offer price of ₱20 per share based on investor interest during its ongoing bookbuilding...
Height Realty Inc. has announced that the land development of its flagship upscale residential project, Southlinks Estate in Las Piñas City, is proceeding as planned and is on track for completion by the second quarter of next year. In a briefing, Height Realty President and Chief Executive...
A 2017 data from Oceana Philippines showed that nine out of 10 Filipinos consume sardines regularly, making it one of the Philippines’ most vital food staples. In addition, sardines are accessible, affordable, shelf-stable, and most of all, essential for food security. However, overfishing,...
Oasis Management Company Ltd, a Hong Kong-based “activist” investment fund, reported that it has so far acquired a 5.76 percent stake in Lucio Tan-led and Philippine Airlines owner PAL Holdings Inc. In a disclosure to the Philippine Stock Exchange, Oasis Management said it bought the shares...
Ayala Healthcare Holdings, Inc. (AC Health) has signed a memorandum of understanding (MOU) for strategic collaboration with Becton Dickinson Holdings Pte Ltd (BD), a leading global medical technology company. In a statement, AC Health said the MOU is focused on driving innovation, enhancing...
Tycoon Dr. Andrew Tan has so far invested ₱1.33 billion as he continues to mop up shares of Emperador Inc., which faces removal from the Philippine Stock Exchange’s benchmark index if the public float falls below 20 percent. Emperador disclosed to the Philippine Stock Exchange that Tan’s...
