Terra Solar Philippines, Inc., a unit of SP New Energy Corp. (SPNEC), announced that it had granted an Engineering, Procurement, and Construction (EPC) deal with China Energy Engineering Group Co., Ltd. (Energy China) for the world’s largest contiguous solar and battery power plant in the...
Fruitas Holdings Inc., a leading operator of multi-format food and beverage stores, is entering the roasted chicken segment with the acquisition of a controlling 60 percent stake in Mang Bok’s. In a disclosure to the Philippine Stock Exchange (PSE), Fruitas said this will be implemented through...
Metro Retail Stores Group Inc. (MRSGI) of Cebu’s Gaisano family suffered a 19.6 percent drop in net income to P204.7 million in the first nine months of 2024 from P254.6 million in the same period last year. In a disclosure to the Philippine Stock Exchange (PSE), the firm said the decline in...
Food and beverage holding company Figaro Coffee Group Inc. (FCG) posted a 17 percent growth in net income to P103.5 million for the first quarter of its fiscal year ending June 30, 2025. In a disclosure to the Philippine Stock Exchange (PSE), the firm said its strong momentum in fiscal year 2024...
BDO Corporate Center Makati, the towering exoskeleton building (Artist's perspective) Scheduled to be completed in 2028, the BDO Corporate Center Makati will stand as a landmark skyscraper in the heart of the Makati Central Business District (MCBD). O n November 15, 2024, BDO...
The Tantoco family’s upscale retailer SSI Group Inc. is more optimistic of its prospects next year compared to 2024 even as it continues to expand its food service portfolio to include the Venchi chocogelateria. In an interview, SSI President and CEO Anton T. Huang said, “I remain optimistic...
iPeople inc., a joint venture between the Yuchengcos’ House of Investments and the Zobels’ Ayala Corporation, reported a 10 percent growth in enrollment for the school year 2024-2025, resulting in a 54 percent jump in attributable profits in the first nine months of 2024. In a disclosure to the...
PH Resorts Group Holdings Inc., the hotel and casino business unit of Davao tycoon Dennis A. Uy, continues to hold “strategic investor discussions with several parties” for partnerships in, or acquisition of, its integrated resorts while raising funds to meet its obligations. In a disclosure to...
Suntrust Resort Holdings Inc., a partnership between LET Group Holdings and Megaworld Corporation, reported that its net loss increased 15 percent to P477.56 million in the first nine months as it continues to spend for the development of its $1.1 billion resort and casino project in Parañaque....
Balai ni Fruitas Inc., a leader among Philippine counter service bakery operators, posted a 26 percent growth in net income to P52 million in the first nine months of 2024 form the P41 million in the same period last year. In a disclosure to the Philippine Stock Exchange, the firm said “This...
Vista Land & Lifescapes, Inc. of billionaire Manuel B. Villar Jr. reported a 10 percent growth in net income to P9.1 billion for the nine months of 2024 from the P8.2 billion earned in the same period last year. One of the Philippines’ leading integrated property developers and the...
Lance Gokongwei, President and CEO of JG Summit Holdings, Inc., is the recipient of the 2024 EY-Bank of Singapore Asean Entrepreneurial Excellence Award. Gokongwei is recognized for his exemplary leadership and significant contributions to the Southeast Asian business landscape. Businessman...
