Ayala-led Bank of the Philippine Islands (BPI) remains optimistic about its prospects despite the country 's slower-than-expected economic growth in the third quarter, betting on easing interest rates to boost loan growth. BPI President and Chief Executive Officer Jose Teodoro K. Limcaoco...
Global Ferronickel Holdings Inc. (FNI), one of the Philippines’ leading nickel ore exporters, more than tripled its attributable net income to ₱1.53 billion for the first nine months of 2025 from ₱502.6 million in the same period last year due to a jump in ore prices. In a disclosure to the...
Antitrust watchdog Philippine Competition Commission (PCC) has approved the ₱146-million acquisition by Robinsons Retail Holdings Inc. (RRHI) of Premiumbikes Corp., a motorcycle retailer in the Philippines owned by Lance Gokongwei. In a resolution dated Nov. 6, 2025, PCC cleared RRHI’s planned...
San Miguel Food and Beverage Inc. (SMFB), a core unit of diversified conglomerate San Miguel Corp., reported an 11 percent growth in consolidated net income to ₱33.7 billion for the first nine months of 2025, driven by strong performances across its food, beer, and spirits divisions. Consolidated...
SM Prime Holdings Inc. reported a 10 percent rise in net income to ₱37.2 billion in the first nine months of the year from ₱33.9 billion a year earlier, fueled by stronger contributions from its mall and convention center segments. In a disclosure to the Philippine Stock Exchange, SM Prime said...
Ayala Land, Inc. (ALI) reported a net income of ₱21.4 billion for the first nine months of the year, marginally higher than the ₱21.2 billion earned in the same period last year. In a disclosure to the Philippine Stock Exchange, the real estate giant stated that its stable earnings were due to...
Tycoon Lucio Co’s grocery retail leader Puregold Price Club Inc. (PGOLD) posted a 5.6-percent improvement in consolidated net income to ₱7.3 billion in the first nine months of 2025 from ₱6.91 billion in the same period last year. In a disclosure to the Philippine Stock Exchange (PSE), the...
San Miguel Corp. 's hard liquor unit booked a consolidated net income of ₱6.35 billion in the first nine months of the year, a 17 percent jump from ₱5.44 billion last year, citing price adjustments. In a disclosure to the Philippine Stock Exchange, Ginebra San Miguel Inc. reported that...
RL Commercial REIT Inc. (RCR), the real estate investment trust of Robinsons Land Corp. (RLC), raised its cash dividends to ₱5.37 billion after revenue jumped 30 percent in the first nine months of the year, driven by portfolio expansion. Unaudited revenue surged to ₱7.66 billion for the nine...
Cautious trading is expected in the local stock market this week as investors continue to weigh the impact of the lower-than-expected economic growth pace announced last week, though foreign direct investments and corporate earnings reports could spur bouts of bargain hunting. “For next week, the...
Six years after his father’s passing, businessman Lance Gokongwei shared a deeply personal tribute to John Gokongwei Jr., revealing the origins of the business titan’s powerful commitment to education. The remembrance focused on how a young John Gokongwei Jr.’s life was dramatically altered....
As digital transformation accelerates globally, digital sovereignty is becoming increasingly relevant among governments and organizations that want to keep full control of their data. It means having full ownership and authority on where their data lives, who can access it, and how it’s used in...