D&L Industries Inc., the country’s top specialty food ingredients and oleochemicals producer, is optimistic that 2026 will be a better year for its business even as it continues to target a 10-percent profit growth for 2025. “From what we see, interest rates are coming down—not just in the...
Aboitiz Equity Ventures Inc. (AEV) reported an eight percent dip in consolidated net income to ₱17.3 billion in the first nine months of the year, from ₱18.8 billion in the same period last year, as surge in third-quarter earnings was not enough to offset softness in the first half. In a...
Global headwinds for its scotch business dragged down earnings for Emperador Inc., the spirits unit of Alliance Global Group, with attributable net income slipping to ₱4.68 billion in the first nine months of the year from ₱4.79 billion a year ago. In a disclosure to the Philippine Stock...
Stock market investors will focus on a data-heavy week, with trading cues centered on the release of inflation and economic growth figures and the highly anticipated listing of Maynilad Water Services Inc. shares following its massive initial public offering (IPO). However, Philstocks Financial...
Christmas is the season of giving, a time to share hope and kindness with the community. This spirit shone brightly at the “Pearl of the Holiday Season” Christmas Tree lighting ceremony, a tribute to Cebu’s strength and resilience, like a pearl that becomes more radiant through every...
SM Prime Holdings Inc., one of Southeast Asia’s largest integrated property developers, reported that business unit SM Offices is scaling up its use of renewable energy (RE) as part of a broader push to make sustainability a driver of growth and tenant value. SM Offices now sources more than...
The Securities and Exchange Commission (SEC) has approved the planned fixed-rate retail bond offering of SM Prime Holdings, Inc., worth up to ₱17 billion under the company’s ₱100 billion shelf registered bonds. In a disclosure to the Philippine Stock Exchange, SM Prime said it has received...
AyalaLand Logistics Holdings Corp. (ALLHC), an Ayala Land, Inc. (ALI) subsidiary, reported that its earnings fell by 87 percent to ₱81 million in the first nine months of the year from ₱618 million in the same period of 2024 due to lower industrial lot sales. In a disclosure to the Philippine...
Century Properties Group is doubling down on affordable housing, with its subsidiary PHirst Park Homes Inc. (PPHI) earmarking ₱8.39 billion to develop 13,150 new housing units designed to meet the rising demand driven by the country’s housing backlog. In a disclosure to the Philippine Stock...
Full-range and trusted property developer Filinvest Land, Inc. marks another milestone with the groundbreaking of Building Aqua, the first building to rise within Sydney Oasis, its newest mid-rise condominium community in Bacoor. This event signals the start of construction and opens more...
SM Prime Holdings Inc. (SM Prime), one of Southeast Asia’s largest integrated property developers, has set the interest rates for its peso-denominated fixed-rate bond issuance worth up to ₱17 billion. The firm disclosed to the Philippine Stock Exchange (PSE) that the interest rates have been...
Fuse Financing, Inc., the lending arm of the Philippines’ leading finance super app and largest cashless ecosystem GCash, underscored the importance of innovative financing structures at the 5th Asia Finance Forum, hosted by the Asian Development Bank (ADB) at its headquarters in Manila. The...
