Alliance Global Group Inc. (AGI), the investment holding company of tycoon Dr. Andrew Tan, is cutting capital expenditures (capex) for 2025 following a decline in earnings in 2024. In a disclosure to the Philippine Stock Exchange (PSE), the firm said it is allotting ₱63 billion for capex this...
Haus Talk's The Granary in Biñan, Laguna Niche real estate developer Haus Talk Inc. (HTI) reported a 51 percent jump in net income to ₱365 million last year on the back of a strong 39 percent growth in revenue to ₱1.4 billion. In a statement, the firm said the substantial rise in net income is...
Urban Deca Homes Commonwealth Housing developer 8990 Holdings Inc. reported a 21.17 percent decline in attributable consolidated net income to ₱5.43 billion last year from the ₱6.88 billion recorded in 2023 due to lower revenues generated. In a disclosure to the Philippine Stock...
K-pop meets Filipino beauty in Ever Bilena’s freshest campaign yet—featuring none other than South Korea’s beloved idol and actor, Choi Bo-min! The surprise collaboration was first revealed through a special campaign spotlighting Ever Bilena’s best-selling Face Powders, which have already...
Global port operator International Container Terminal Services Inc. (ICTSI) has acquired a 47 percent interest in a marine property in Rio de Janeiro, Brazil, to boost its terminal operations in the South American country. In a disclosure on Monday, April 21, the Razon-led ICSTI announced...
Gaisano-led Metro Retail Stores Group Inc. (MRSGI) reported a 1.4-percent dip in net income to ₱609.42 million last year, from the ₱618.02 million earned in 2023, due to non-cash charges driven by its ongoing expansion program. In a disclosure to the Philippine Stock Exchange (PSE), the firm...
Tobacco farmer Eddie Garabiles takes a midday rest under the shade of his curing barn. Summer’s heat could peak at 51 degrees Celsius this afternoon, so Eddie Garabiles, 55, took shelter under the shade of the curing barn he made with coconut leaves, its frame held together by bamboo. He could...
SM, through the Henry Sy Foundation and SM Foundation, completed the restoration of West Visayas State University’s (WVSU) Quezon Hall in Iloilo City. The SM Group, through the Henry Sy Foundation and SM Foundation, is making inroads in the restoration of cultural landmarks that underscores its...
SM Offices, a unit of SM Prime Holdings Inc., is investing ₱6 billion to develop new office towers and workspaces, even as it is seeing strong uptake for its mall-based offices. In a disclosure to the Philippine Stock Exchange, SM Prime said the new offices to be developed this year includes Six...
SSI Group, Inc. (SSI), the Tantoco family’s retailer of upscale brands, reported a slight dip in profits to ₱2.51 billion last year from ₱2.58 billion in 2023 as a strong fourth quarter almost made up for weaker earnings earlier in 2024. In a disclosure to the Philippine Stock Exchange, the...
Century Pacific Foods Inc. (CNPF), one of the leading food companies in the Philippines, reported growth for all its product lines, except for tuna exports, as easing inflation boosts consumer confidence. According to Unicapital Securities Research Analyst Jeri R. Alfonso, the company shared a...
Signing ceremony at the SBMA Corporate Boardroom on March 20, 2025. From left to right: Olongapo City Mayor Rolen Paulino Jr., SBMA Chairman and Administrator Eduardo Jose L. Aliño, Subicwater Chairman Apollo C. Tiglao, and Subicwater CEO Benjamin E. Antonio III Subic Water and...
