2GO Special Containers and Value-Added Services Inc. (SCVASI), a subsidiary of transportation and logistics firm 2GO Group Inc., has launched a standalone custom brokerage service aimed at enhancing logistics efficiency and reliability. In a statement on Monday, Feb. 24, 2GO SCVASI described the...
Tanco-led STI Education Systems Holdings Inc. (STI Holdings), owner of the country's largest network of private schools, reported a 76 percent jump in net income to ₱912.2 million for the six-month period ended December 2024 from ₱517.8 million in the same period of 2023. In a...
SM Prime Holdings Inc. (SM Prime), one of Southeast Asia’s largest property developers, is allotting ₱100 billion for capital expenditures this year, same as the amount earmarked in 2024, as it expects sustained growth in consumer demand and corporate activity. “We expect election-related...
BDO Unibank Inc. reported that its net income improved 12 percent to ₱82 billion in 2024 from ₱73.4 billion in 2023 due to the solid performance of its core businesses. In a disclosure to the Philippine Stock Exchange, the SM Group’s banking unit said its earnings translate to a return on...
The local stock market is seen to remain volatile due to geopolitical and interest rate concerns, although share prices may get a boost from the Philippines’ exit from the grey list of the Financial Action Task Force (FATF). Unicapital Securities Equity Research Analyst Jeri R. Alfonso said that...
FOR MONDAY Two corporate bigwigs, JG Summit Holdings Inc. Chairman James L. Go and gaming tycoon Willy N. Ocier, are giving ordinary investors their masterclasses in stock investing by showing how to properly buy low and sell high. Universal Robina Corporation (URC) disclosed to the Philippine...
Avida Land, the mid-income residential brand of Ayala Land Inc. (ALI), has begun construction of the 15-storey Tower 1 of Sentria Storeys Vermosa, marking a significant milestone in its expansion within Cavite’s thriving property sector. Set for completion in August 2028, the mid-rise condominium...
STI Education Systems Holdings Inc. (STI) intends to continue expanding its network of schools by building new campuses to capitalize on the "sweet spot" of profitability that it has reached. According to STI Chairman Eusebio Tanco, their network of schools under units STI Education Services Group...
AREIT Inc., the real estate investment trust sponsored by property giant Ayala Land Inc. (ALI), reported a 49 percent year-on-year jump in net income to ₱7.4 billion in 2024, excluding net fair value change in investment properties. In a disclosure to the Philippine Stock Exchange, the firm said...
Keppel Philippines Holdings Inc. (KPHI), a subsidiary of Keppel Corporation Ltd. of Singapore, is seeking to voluntary delist its shares from the Philippine Stock Exchange (PSE) after a ₱268.63 million tender offer is conducted to acquire minority-held shares. In light of the planned tender offer...
Zobel-led property giant Ayala Land Inc. (ALI) is raising ₱75 billion to partly fund its capital expenditures amounting to ₱95 billion in 2025, while infusing ₱20.99 billion worth of mall, office, and hotel assets into real estate investment trust unit AREIT Inc. ALI President Anna Ma....
San Miguel Corp. (SMC) head honcho Ramon S. Ang projects continued growth and success for the conglomerate in 2025, building on its recent recognition by TIME magazine. SMC and its subsidiaries, Petron Corp. and Ginebra San Miguel Inc., were all recognized among the top 500 companies in the...
