The Federation of Filipino Chinese Chambers of Commerce and Industry Inc. (FFCCCII) has expressed support for the government’s move to revive joint oil and gas exploration talks with China, citing the need for energy security amid global volatility. “FFCCCII welcomes the pronouncement of...
GMA Network Inc. is taking the Securities and Exchange Commission (SEC) to court to block the new regulation that forces long-serving independent directors to vacate their seats. In a petition for certiorari filed Thursday, March 26, with the Regional Trial Court of Makati, GMA sought to nullify...
GT Capital Holdings Inc., the investment arm of the Ty family, is confident of weathering the current crisis spawned by the conflict in the Middle East. “With a strong balance sheet and a diversified portfolio, we are confident in our ability not only to withstand near-term headwinds but also to...
Rie Miyake, president of Honda Cars Philippines Inc. (HCPI), pauses conversation whenever she is introduced. She is the first woman president of HCPI, and in a male-dominated automotive industry, that title is cause for a respectful smile, especially during Women’s Month. Though the title is...
Philippine Geothermal Production Co. (PGPC), the renewable energy arm of SM Investments Corp., is accelerating development of its domestic steam fields to buffer the Philippines from volatile global energy prices as conflict in the Middle East threatens fuel supply chains. In a briefing on Tuesday,...
Chiang Kai Shek College closed out its elimination campaign with a bang, stunning erstwhile undefeated Al Cars-Hope Christian High School, 91-78, in the Smart Sports Fil-Chinese Athletic Association Inc. presented by Tanduay Athletics held Monday, March 23, at the Tanduay gym in Quiapo, Manila....
D&L Industries Inc., the Philippines’ largest producer of specialty plastics and oleochemicals, warned that the conflict in Iran will disrupt global supply chains for months, clouding the outlook for the company that just reported a double-digit rise in annual profit.
In a virtual briefing on...
After operating the chain for seven years, Robinsons Retail Holdings Inc. (RRHI) announced the closure of its No Brand standalone stores in the Philippines, noting that it will gradually wind down operations of all 11 stores by the end of June 2026. “The decision reflects evolving consumer...
SM Prime Holdings Inc. (SM Prime), the country’s top mall operator, is working with government agencies to leverage the prime locations of its malls for the development of transport infrastructure projects that will ease daily commuting across the Greater Manila Area. “Urban mobility is central...
JG Summit Holdings Inc. (JGS), the flagship of the Gokongwei Group, posted a three-percent improvement in recurring income last year but suffered a net loss of ₱87.9 billion due to losses related to the shutdown of its petrochemical business. In a disclosure to the Philippine Stock Exchange (PSE)...
Rising fuel prices are beginning to ripple across the sprawling operations of DMCI Holdings Inc., exposing the vulnerabilities of a diversified conglomerate whose businesses—from mining to cement to property—depend heavily on steady and affordable energy supply. For DMCI, the challenge is no...
Another next-generation Zobel has been named an executive of real estate giant Ayala Land Inc. (ALI). Jaime Zobel Urquijo, 37, son of Bea Zobel Jr., will be joining sister Paloma and cousin Mariana Zobel de Ayala in the company after being seconded to ALI by parent company Ayala Corp. Ayala...
