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...
Empire East Land Holdings Inc., the middle-income housing unit of Andrew Tan-led Megaworld Corp., reported a 2.6-percent improvement in consolidated net profit to ₱260.92 million in the first quarter of 2026 from ₱254.21 million during the same period last year. The growth can be traced to...
Honda Cars Philippines, Inc. (HCPI) officially opened Honda Cars Tacloban, the first dealership in the region that is now offering more accessible sales and aftersales support to Taclobanons. The dealership is near Bethel International School, Barangay Pawing, Palo, Leyte, which expands to...
The first time you walk into a Felipe & Sons, you’re greeted by a very specific smell: a mix of leather, cedarwood, and the kind of talcum powder your grandfather probably used. It’s intentional. The lighting is warm, the chairs are heavy, and for a second, you feel like you’ve stepped out...
Hope Christian High School showed complete dominance over Xavier School by also topping the 30-39 division in the Smart Sports Fil-Chinese Athletic Association Inc. Basketball Tournament presented by Tanduay Athletics on Thursday, April 30, at the FilOil Centre in San Juan City. In a match that...
Home improvement giant Wilcon Depot Inc. announced that its longtime operations chief Rosemarie Bosch-Ong will retire this year, marking the end of a four-decade tenure that saw the company transform from a local supplier into a dominant retail powerhouse. In a disclosure to the Philippine Stock...
China Bank Savings (CBS) Inc. posted a record net income of ₱2.4 billion in 2025, marking a fourth consecutive year of growth driven by the 13 percent surge in its loan portfolio. In a statement, CBS reported that the retail arm of China Banking Corp. saw full-year earnings rise more than 10...
Gokongwei-led Robinsons Retail Holdings, Inc. (RRHI) reported a 35.6 percent drop in attributable net income to ₱489 million in the first quarter of 2026 from ₱760 million in the same period last year. The firm said in a disclosure to the Philippine Stock Exchange that its lower earnings are...
Property giant Ayala Land Inc. slashed its capital expenditure budget for the year as geopolitical volatility in the Middle East forces the recalibration of its growth strategy. In an analysts’ briefing for its first quarter performance, ALI President and CEO Anna Ma. Margarita Bautista-Dy said...
