Metro Pacific Investments Corp. (MPIC) reported a five percent increase in first-quarter core profit as robust demand for power and healthcare services offset higher interest expenses and the diluted stake in its water utility. Manuel V. Pangilinan, MPIC chairman, president, and chief executive...
Grocery giant Puregold Price Club Inc. posted a 24 percent surge in first-quarter profit as the retailer capitalized on resilient consumer spending and expanding margins across its flagship and membership store formats. The firm disclosed to the Philippine Stock Exchange that consolidated net...
Century Pacific Food Inc., the domestic food cannery led by the Po family, is maintaining its double-digit growth target for the year as robust demand for its branded staples and recovery in exports helped offset inflationary pressures fueled by Middle East volatility. Century Pacific reported a 10...
Senator Risa Hontiveros has called on the Senate to conduct a thorough and immediate investigation into the “sudden and aggressive” rice importation of Planters Products Inc. (PPI), noting that the agency’s latest questionable moves could further hurt the country’s farmers already reeling...
By Jinggoy I. Salvador The day’s end was the best time to witness what Davao’s Seda Abreeza Hotel had to unveil. Gathered at one of the newly refurbished function halls, a select few members from the Davao media were welcomed by the three personalities geared up to present the transformation...
After a successful first season, the Philippine Youth Basketball Championship (PYBC) opens its second run with healthcare leader Unilab as partner. Unilab is platinum sponsor of the PYBC’s new season, with supporting brands Growee, HydroAid, Ceelin Plus, Enervon Z+, Alaxan Xtra, Myra, pH Care,...
San Miguel Food and Beverage Inc. (SMFB), the food and drinks arm of San Miguel Corp., reported a two percent increase in first-quarter net income as growth in its food and spirits units offset a flat performance in its core beer business. Net income rose to ₱11.8 billion in the three months...
RL Commercial REIT Inc (RCR)., the real estate investment trust backed by developer Robinsons Land Corp., reported a 41 percent surge in first-quarter net income, buoyed by property injections last year and robust tenant demand. In a disclosure to the Philippine Stock Exchange, the firm said its...
Integrated Micro-Electronics Inc. (IMI), the manufacturing arm of the Ayala Group, reported a 22 percent increase in first-quarter profit as cost-cutting measures and factory efficiencies offset a stagnant global market for electronic components. The firm informed the Philippine Stock Exchange that...
LT Group Inc., the conglomerate controlled by tycoon Lucio Tan, expects its banking division to drive earnings to another record this year, offsetting the impact of elevated commodity costs and strained consumer spending fueled by geopolitical conflicts in the Middle East. In a briefing, Lucio Tan...
Confident in the resilience of the luxury horizontal real estate market, Signature Series by SM Residences is set to begin the phased development of Susana Heights Village in Muntinlupa City to strengthen the estate’s long-term value for residents. In a media briefing on Wednesday, May 6, SM...
D&L Industries Inc., the country’s largest producer of oleochemicals and specialty plastics and food products, posted five percent improvement in net income to ₱717 million in the first quarter of 2026 as most of its businesses actually benefited from the Middle East conflict. In a media...
