The Philippine economy stands out as a global outperformer, bolstered by robust domestic consumption and a favorable demographic profile, BDO Unibank said in a briefing for Japanese business leaders. The bank noted that “despite facing global headwinds, the nation continues to demonstrate...
House Speaker Martin Romualdez (PPAB) The Party-list Coalition Foundation, Inc. (PCFI) in the House of Representatives hailed the close collaboration of the chamber under Speaker Martin Romualdez with the Senate and the Marcos...
Suzuki kicks off the New Year with a bold statement as it proudly announces the arrival of the Jimny 5-door Rhino Edition, the latest addition to the iconic Jimny lineup. Just like the Jimny 3-door Rhino Edition , the 5-door is packed with unique features and off-road capability. The Rhino...
Logistics and maritime travel service provider 2GO Group, Inc. expects to see growth continue this year after a successful 2024 characterized by transformation and expansion. "We are building on the solid foundation we established in 2024 to achieve even greater success in 2025," Frederic C....
Asiabest Group International Inc. (ABG) will be transformed by businessman Francis Lloyd Chua’s PremiumLands Corporation (PLC) into an end-to-end infrastructure business group encompassing the whole industry ecosystem. In a disclosure to the Philippine Stock Exchange (PSE), ABG said it will...
PacificLight Power Pte. Ltd. (PLP), a subsidiary of MGen, has been awarded the right to build, own, and operate a hydrogen-ready Combined Cycle Gas Turbine (CCGT) facility in Jurong Island that is set to begin operations in 2029. In a disclosure to the Philippine Stock Exchange on Monday, Jan. 6,...
The Consunji Group’s DMCI Holdings Inc. may be shelving its plan to develop a new cement manufacturing plant on Semirara Island that would have utilized by-products from the coal mining operations of Semirara Mining and Power Corporation (SMPC). In an interview, DMCI Chief Finance Officer Herbert...
To achieve water security, environmental sustainability, and service enhancements, East Zone concessionaire Manila Water Co. has wrapped up several capital expenditure projects that are set to improve water and wastewater services to residents. In a statement on Friday, Jan. 3, Manila Water...
Megaship Builders Inc. said the company is investing P9 billion to expand its shipyard capacity in Leyte and open a new shipyard in Bataan. In a statement, Francis Lloyd Chua, Megaship Builders owner, said they are taking advantage of the government's updated Maritime Industry Development Plan...
Okada Foundation Inc. President James Lorenzana has been named the new chairman of Ferronoux Holdings Inc. following the resignation of Michael Cosiquien for Themis Group Corporation to take over control of the company. In a disclosure to the Philippine Stock Exchange, Ferronoux said Abel Almario...
Armscor Global Defense Inc. (AGDI), the largest defense manufacturer in the Philippines and a major player in Asia, is investing P1 billion to bolster its military and weapons systems development for both domestic and export markets. Daniel Tuason, Armscor vice president for business development,...
Entering the new trading year 2025, stock market investors are faced with a lot of uncertainties as both risks and positive factors mingle to present a hazy picture in analysts’ crystal balls. For Chinabank Capital Corporation Managing Director Juan Paolo Colet, “Next year [2025] presents a...
