Gokongwei-led low-cost carrier Cebu Air Inc. (Cebu Pacific) will resume flights between Manila and Dubai beginning July 2 after completing safety assessments and coordinating with Dubai airport authorities. In an advisory on Tuesday, May 19, Cebu Pacific said it would restart operations for flights...
Gaisano-led Metro Retail Stores Group, Inc. (MRSGI) is planning to open a total of 14 Generika Drugstores within its Metro Retail stores as part of its strategy of boosting revenues through synergies with partners. In the first quarter this year, the firm said it launched the pilot rollout of...
An Aboitiz Power Corp. (AboitizPower) subsidiary has inked a two-megawatt (MW) emergency power supply agreement (EPSA) with Misamis Occidental I Electric Cooperative Inc. (MOELCI-I) to reinforce grid reliability in the province. In a statement on Tuesday, May 19, Therma South Inc. (TSI) said it...
I have been thinking lately about a session I attended led by Homer Panganiban, founder of Lifesmith Inc. and its Emotional Literacy Program. Homer is a creative agency founder who, somewhere along the way, decided the most useful thing he could teach people was how to read what is actually...
Okada Manila, the integrated casino resort owned by Tiger Resort Leisure and Entertainment Inc. (TRLEI), is turning to its newly minted online gaming business to overcome severe structural headwinds and macroeconomic fallout from the Middle East crisis, which the company expects will weigh on...
MREIT Inc., the real estate investment trust (REIT) of Andrew Tan-led Megaworld Corp., is aiming to grow big enough to join AREIT Inc. in the Philippine Stock Exchange (PSE) benchmark index’s basket of 30 companies within the next two to three years. During the PSE’s Strength Access and Reach...
The Philippines’ largest umbrella group of exporters warned that the country risks losing foreign investment and stalling its economic momentum following the violent political standoff at the Senate that made international headlines. In a statement on Friday, May 15, the Philippine Exporters...
Filinvest Land Inc., the property arm of the Gotianun family, reported a 10 percent increase in net income for the first quarter of 2026, driven by recovery in its retail malls and push to clear completed residential inventory. The firm said in a disclosure to the Philippine Stock Exchange that net...
Robinsons Retail Holdings Inc. (RRHI), the multi-format retailer controlled by the Gokongwei family, is seeking to exit the Philippine Stock Exchange (PSE) by July 28, 2026, provided its controlling shareholders can consolidate enough shares to trigger a voluntary delisting. The company has filed a...
Federico “Piki” Lopez has welcomed decision by the majority shareholders of Lopez Inc. to abandon efforts to remove him as president and chief executive officer, describing the move as the potential breakthrough in a long-standing family dispute. In a statement on Friday, May 15, Lopez said the...
GT Capital Holdings Inc., the investment vehicle of the late tycoon George Ty’s family, reported a three percent decline in consolidated net income for the first quarter of 2026, as a global economic slowdown and supply chain bottlenecks pressured its automotive and real estate units. The firm...
VisMin developer Cebu Landmasters, Inc. is confident of growing its revenues and earnings this year as it still intends to pursue its target project launches worth ₱48 billion despite the impact of the Middle East crisis on the local economy. CLI Senior Executive Vice President & Chief Operating...