The majority faction of the Lopez family has escalated its corporate battle for control of their business empire, claiming to have uncovered a third “poison pill” provision designed to entrench First Philippine Holdings Corp. (FPH) Chairman and Chief Executive Officer Federico “Piki” R....
Celebrating different life occasions the Filipino way is always beyond material things. Filipinos always place greater value on connection, tradition, and shared joy, where even a simple gathering becomes meaningful. For Filipino moms, making time and spending the day together is another way to...
With the country facing sizzling temperatures, everyone finds various ways to cool down. For Alden Richards’ latest brand endorsement, it seems the star has found his choice of cooldown methods with the local beverage brand Fruitas. Taking center stage at the “Fruitas for Real” campaign held...
The Motorcycle Development Program Participants Association Inc. (MDPPA) is optimistic that motorcycle sales will remain on an upward trajectory in the coming months, as higher fuel prices are expected to spur stronger demand for two-wheeled vehicles. As fuel prices remain elevated due to the...
In today 's market, defined by uncertainty, clarity becomes currency. For property giant Ayala Land Inc. (ALI), that clarity is less about predicting the future and more about providing what can be delivered today. In a recent media update, Ayala Land President and CEO Anna Ma. Margarita...
Primelectric Holdings Inc. is seeking to export its infrastructure rehabilitation model to South Cotabato, aiming to replicate the operational turnaround it achieved in Negros Occidental through a proposed partnership with South Cotabato II Electric Cooperative Inc. (Socoteco II). In a statement,...
Belo-led Wilcon Depot Inc., the country’s largest retailer of home improvement and construction supplies, saw its first-quarter profit climb 4.9 percent as the escalating conflict in the Middle East spurred customers to front-load purchases. In a disclosure to the Philippine Stock Exchange, the...
Meralco PowerGen Corporation (MGEN) affirms its continued commitment to strengthening the country’s energy security through a diverse and forward-looking capacity strategy that aligns with evolving national policy directions amid rising global fuel costs and supply uncertainties. As the...
Consunji-led Concreat Holdings Philippines Inc. (CHP), formerly Cemex Holdings Philippines Inc., remains confident of its three-year target to return to profitability set last year despite the ongoing oil crisis. “I ’ m still confident, very, very confident, in turning around the company in...
Global port operator International Container Terminal Services Inc. (ICTSI) reported a 23 percent increase in profits for the first quarter, as its expansive portfolio of terminals remained resilient despite geopolitical conflicts and their impact on global trade. In a disclosure to the Philippine...
A Brown Co. Inc. is seeking to raise as much as ₱5 billion through its first-ever bond issuance to accelerate a pivot into renewable energy and broaden its real estate portfolio. A Brown, a developer known for its extensive footprint in Mindanao, filed a registration statement with the Securities...
SM Investments Corp. (SMIC), the conglomerate controlled by the Philippines’ wealthiest family, is pushing ahead with a multi-billion-dollar reclamation project despite geopolitical headwinds in the Middle East, even as its banking unit opts for a “wait-and-see” approach on liquidating...
