Tycoon Lucio Co’s The Keepers Holdings Inc. (Keepers), the largest imported liquor distributor in the Philippines, is going directly to consumers to sell its products by putting up a chain of its own liquor stores. The firm disclosed to the Philippine Stock Exchange that its Board of Directors...
Taipan Lucio Tan’s LT Group Inc. is infusing a total of ₱3.5 billion into subsidiary Eton Properties Philippines, Inc. (EPPI) and its residential unit Eton City Inc. (ECI) to fund their growth initiatives. In a disclosure to the Philippine Stock Exchange, LTG said its management has finalized...
Grocery and liquor sales drove the growth in earnings of Cosco Capital, Inc., the listed retail holding firm of tycoon Lucio L. Co, due to recovering consumer demand as the economy continues to post strong growth while inflation eases. The firm reported a 7.6 percent improvement in consolidated net...
She promised herself to join the family business at the age of 30, but the burgeoning property developments didn’t escape her attention, prompting Samantha Manigsaca’s early entry to AppleOne Group, Inc. by four years. Landing the position of vice president for Hospitality in February, she’s...
Gokongwei-led Cebu Pacific is upbeat about its continued growth this year on the heels of its massive expansion drive in 2024, during which the budget carrier expanded its fleet capacity and hubs across the country. During the airline’s annual stockholders’ meeting, Cebu Pacific Chairman Lance...
Union Bank of the Philippines and the ATRAM Group have finalized their partnership, aiming to revolutionize the Philippine asset management landscape by merging their trust operations and leveraging digital innovation. Under the agreement, UnionBank will acquire a 27.5 percent stake in ATR Asset...
Villar-led Vista Land & Lifescapes, Inc., one of the Philippines’ leading integrated property developers, posted an 11 percent growth in net income to ₱9.36 billion last year from ₱8.45 billion in 2023 due to higher real estate sales and lower expenses. In a disclosure to the Philippine Stock...
Recently-acquired assets and higher rent boosted the earnings of MREIT, Inc., the real estate investment trust of township developer Megaworld Corporation, by 25.6 percent to ₱932 million in the first quarter of 2025 from the ₱742 million earned in the same period last year. The firm said in a...
San Miguel Food and Beverage, Inc. (SMFB) Chairman Ramon S. Ang expects the company to post strong earnings growth in 2025 and beyond as it continues to expand capacity and reach. The company started 2025 with strong momentum, posting robust first quarter results driven by sustained demand,...
Power and water utilities propelled a 17 percent growth in Metro Pacific Investments Corporation’s first quarter core net income to ₱6.6 billion in 2025 from ₱5.6 billion in 2024. The firm said that, “Improved financial and operational performance across MPIC’s portfolio led to a...
LT Group Inc., the holding company of taipan Lucio Tan, sees opportunities to expand its market leadership as inflation stabilizes while the country’s economic conditions improve. “As we look ahead to 2025, LTG remains committed to driving sustainable and innovative growth,” said LTG...
Century Pacific Food, Inc., one of the Philippines’ leading food companies, is aiming to sustain its double-digit growth in the first quarter amid slower inflation while US tariffs are seen to have a minimal impact on the company. “While it’s still early in the year, we aim to continue our...
