New Generali Life Assurance Philippines President and CEO, Dr. Hak Hong Soo. Generali Life Assurance Philippines, Inc. (Generali Philippines) is pleased to announce the appointment of Dr. Hak Hong Soo as President and Chief Executive Officer. Prior to his appointment as CEO of Generali...
2GO Group Inc., one of the country’s largest sea travel transportation solutions providers and a part of the Sy family’s SM Investments Corporation, has recently been accredited by the Department of Tourism (DOT) as a Tourism Water Transport Operator and Tourism Water Vessel. In a statement,...
Prime Asset Ventures Inc. (PAVI), the infrastructure business of richest Filipino Manuel B. Villar Jr. has signed implementing agreements for the P3.8 billion acquisition of the four-kilometer Muntinlupa Cavite Expressway (MCX) from Ayala Corporation. Villar Group acquires MCX - Villar-led Prime...
Executives from Prime Asset Ventures, Inc. and Ayala Corporation meet for the signing ceremony for the MCX. Villar-led Prime Asset Ventures, Inc. (PAVI) has signed implementing agreements for its acquisition of the four-kilometer Muntinlupa Cavite Expressway (MCX) from Ayala Corporation....
The "gas aggregation" scheme being proposed by Prime Infrastructure Capital Inc. of the Razon group, will help soften electricity rates for consumers because the scheme will lessen the risk of gas plant-developers in their fuel procurements. This is according to ENEX Energy Corporation Chairman...
Property and spirits magnate Andrew Tan’s real esate investment trust MREIT, Inc. improved its distributable income by 12 percent to P1.4 billion during the first half of 2023. In a disclosure to the Philippine Stock Exchange, the Megaworld-sponsored REIT said its revenues grew by 15 percent to...
The Po family’s Century Pacific Food, Inc. (CNPF), one of the leading branded food and beverage manufacturers in the Philippines, reported an 8 percent improvement in consolidated net income to 3.2 billion in the first half of 2023. In a disclosure to the Philippine Stock Exchange, the firm said...
Diversified engineering conglomerate DMCI Holdings of the Consunji family reported a consolidated net income of P15.9 billion in the first semester, a 22 percent decrease from P20.3 billion last year due. In a disclosure to the Philippine Stock Exchange, the firm said this is due to lower...
Integrated Micro-Electronics Inc. (IMI), the manufacturing arm of the Ayala Group, saw its net loss balloon to $82.9 million in the second quarter of 2023 from the $3.5 million loss incurred in the same period last year. In a disclosure to the Philippine Stock Exchange, the firm said this includes...
San Miguel Food and Beverage, Inc. (SMFB), one of the core units of diversified conglomerate San Miguel Corporation, reported a net income of P18.8 billion in the first half of 2023, the same as its record performance in the same period last year. In a disclosure to the Philippine Stock...
The Television and Production Exponents Inc. (TAPE) successfully renewed the trademark registration of the name “Eat Bulaga,” its noontime show, for another 10 years amid the ongoing legal dispute with Tito and Vic Sotto, and Joey de Leon, known as TVJ. The Bureau of Trademarks under the...
Subdivision and Housing Developers Association, Inc. (SHDA) strongly backed the review of the housing industry roadmap 2012-2030 to stay current with the ever-evolving landscape of the industry. SHDA Chairman Arlene Keh noted in a statement that the roadmap was initially created for the years 2012...
