Razon-led gaming firm Bloomberry Resorts Corporation is projected to save approximately ₱900 million annually due to the refinancing of loans used to fund the construction of Solaire Resort North. "The company is not in any sort of debt or cash flow crisis. In fact, the (₱40 billion)...
Japan’s Mitsubishi UFJ Financial Group (MUFG) has finalized a $400 million investment in the parent company of GCash, the Philippines’ leading e-wallet, raising its valuation to $5 billion. In a disclosure to the Philippine Stock Exchange (PSE), Globe Telecom said that Globe Fintech Innovations...
While 2025 is expected to be a promising year for the country due to an anticipated consumption rebound, the Unicapital Group has lowered its year-end target for the Philippine Stock Exchange index (PSEi) to 7,800 from 8,000. In a briefing, Unicapital Securities Inc. Head of Research Wendy...
Carlo Santos, Globe Senior Director for Analytics and Stakeholder Engagement, talks about Globe's programs aimed at keeping children safe online at a multi-stakeholder presser held to kickoff the commemoration of Safer Internet Day, Feb. 11, 2025. Globe has called for stronger collaboration...
Ayala Corporation and San Miguel Corporation led 29 Philippine conglomerates and businesses that made it to Time magazine and Statista’s inaugural 500 Best Companies in Asia-Pacific for 2025. The ranking of 500 of the Asia-Pacific’s best companies by Time and Statista is based on a formula of...
Metro Retail Stores Group, Inc. (MRSGI), the supermarket and department store chain of Cebu’s Gaisano family, is optimistic about its growth opportunities in the Visayas. In a disclosure to the Philippine Stock Exchange, the firm said it is aggressively expanding its retail network through...
Publicly-listed property developer Sta. Lucia Land Inc. is allotting ₱3 billion to ₱5 billion for capital expenditures this year as it aims to expand its presence nationwide to drive annual revenue growth. The firm said in a statement that part of the capex will fund the expansion of its...
From left: Ms. Nancy Almasco, Marketing Director, FlowerStore.PH; Saul Molla, CEO, FlowerStore.PH; Miguelito Jose, Managing Director, Jetour Auto Philippines; Ms. Cherry May De Los Santos, Marketing Director, Jetour Auto Philippines. Those who go the extra mile to show their love with flowers this...
MSCI Inc., a leading provider of critical decision support tools and services for the global investment community, is moving JG Summit Holdings Inc. and subsidiary Universal Robina Corporation from its large cap to the small cap index. Based on the results of the MSCI’s February 2025 Index...
SM Prime Holdings Inc., a leading integrated property developer in Southeast Asia, has signed an agreement with TeaM (Philippines) Energy Corporation (TPEC) for the installation of over 33,000 square meters of solar panels on the rooftops of four SM malls. In a disclosure to the Philippine Stock...
The Sy family’s flagship SM Investments Corporation (SMIC) expects to stay on its long-term growth trajectory, banking on the Philippines’ resilient consumption-led economy, synergies across its business segments, and strong consumer fundamentals. “The Philippine economy remains...
Magna Prime Chemical and Technologies, Inc., a leading Philippine construction and chemical industry company, is marking its 24th founding anniversary with a commitment to innovation and excellence. The occasion was graced by Wacker Philippines Technical Service Manager Jane Ramos, Kaneka Malaysia...
