ICTSI's global operations continue to drive record-breaking growth, with net income surging 66 percent in 2024 Global port operator International Container Terminal Services Inc. (ICTSI) tallied an impressive growth momentum in 2024, growing its net income by 66 percent despite geopolitical...
PHirst Centrale Batulao: New Batangas township. Century Properties Group's first-home brand, PHirst, has launched its second township project, Century PHirst Centrale Batulao, in Nasugbu, Batangas. In a disclosure to the Philippine Stock Exchange, the firm said this marks a significant...
Davao tycoon Dennis A. Uy’s PH Resorts Group Holdings Inc. still owes Bloomberry Resorts Corp. of Enrique K. Razon Jr. ₱301 million from the ₱1-billion deposit made for the cancelled investment in shelved casino projects in Cebu and Clark. In a disclosure to the Philippine Stock Exchange,...
Smart Communications Inc. is accelerating its AI transformation through a strategic partnership with Amazon Web Services (AWS). Smart Communications Inc., the wireless unit of telecommunications giant PLDT Inc., is teaming up with Amazon Web Services (AWS) to accelerate Smart’s ongoing...
San Miguel Food and Beverage Inc. (SMFB) reported that it has sustained its earnings growth as net income improved by seven percent to ₱40.9 billion last year on the back of the strong performance of its core businesses. In a statement, the firm said that it remained resilient despite evolving...
San Miguel Corporation (SMC) Chairman and CEO Ramon S. Ang’s firstborn John Paul L. Ang has been appointed director of Ginebra San Miguel Inc. due to the vacancy left by Francisco S. Alejo III, who resigned last Jan. 31, 2025. Ang is currently a director and the President and Chief Operating...
SM Hotels and Convention Corp. (SMHCC), a unit of Sy-led SM Prime Holdings Inc. (SMPHI), is investing almost ₱15 billion to support its five-year expansion program. In a disclosure to the Philippine Stock Exchange, SM Prime said the expansion includes developing eight new hotels and two...
The price of Ferronoux Holdings Inc. shares surged 49.53 percent to hit its intraday ceiling of ₱8 per share after the suspension in the trading of the stock was lifted by the Philippine Stock Exchange (PSE). The suspension was lifted after the firm submitted its comprehensive disclosure...
Listed mining firm OceanaGold (Philippines) Inc. (OGPI) said it paid ₱397.7 million in local business tax (LBT) to three municipalities in the provinces of Nueva Vizcaya and Quirino, as part of the company’s bid to share its success with local communities. In a statement on Monday, March 3,...
DFNN Inc. has partnered with the state-run Philippine Charity Sweepstakes Office (PCSO) to launch “LottoMatik,” a handy, portable point-of-sale (PoS) device aimed at increasing lotto sales and enhancing funding for the government’s various charitable programs. In a disclosure to the...
Globe Telecom Inc. is pushing the government to establish a validated database where registrants’ identity can be verified amid the alleged proliferation of pre-registered SIM cards being sold online. Globe issued the statement on Monday, March 3, after the Presidential Anti-Organized Crime...
LT Group Inc., the holding company of taipan Lucio Tan, reported a 14 percent improvement in attributable net income to a record high of ₱28.92 billion last year from the ₱25.42 billion reported in 2023 on the back of strong growth in its tobacco, banking, liquor, and beer businesses. In its...
