Waste and Resources Management Inc. (WARM), a wholly-owned subsidiary of Ayala Corporation's AC Logistics Holdings Corp., and CEMEX Philippines have teamed up to develop, construct, operate, and maintain waste management facilities and solutions around the country. In a statement, Ayala Corporation...
Aboitiz Equity Ventures’ (AEV) planned issuance of up to P17.45 billion worth of bonds has been given the highest ratings of PRS Aaa with a Stable Outlook by Philippine Rating Services Corporation (PhilRatings). In a statement, the ratings agency said AEV is planning a bond issue amounting...
Richest Filipino Manuel B. Villar Jr. is seeking to acquire the right to develop and extend the Light Rail Transit by seven stations all the way to Silang from Bacoor, Cavite as he will not have a hard time getting the right of way for the railway. In an informal chat with media, Villar said this...
The acquisition of Ling Nam and the continued expansion of its other brands resulted in a 48 percent jump in the first half net income of Fruitas Holdings Inc. (FRUIT), the leading food and beverage kiosk and community store operator. In a disclosure to the Philippine Stock Exchange, the firm said...
Romeo Jalosjos Jr., the president and chief executive officer (CEO) of the Television and Production Exponents Inc. (TAPE), said he will file a motion for reconsideration to reverse the ruling of the Supreme Court on his reelection as representative of the first district of Zamboanga del...
The president and chief executive officer (CEO) of the Television and Production Exponents Inc. (TAPE) welcomed the renewal of the trademark registration of the name “Eat Bulaga” in favor of the company. The Bureau of Trademarks under the Intellectual Property Office of the Philippines...
The Tantoco family’s SSI Group continues to benefit from post-pandemic revenge shopping at its upscale stores resulting in net income more than doubling to P1 billion in the first half of 2023 from P491.4 million in the same period last year. The firm disclosed to the Philippine Stock Exchange...
The Po family’s restaurant group Shakey’s Pizza Asia Ventures Inc. (PIZZA) almost doubled its profits to P489 million during the first half of the year from P250 million in the same period of 2022 as Filipinos dined out more often to celebrate special occasions. In a disclosure to the...
Aboitiz Power Corporation, via its subsidiary Aboitiz Renewables Inc. (ARI), is lining up the construction of two solar power projects that will add up 383.7-megawatt aggregate capacity to its renewable energy (RE) portfolio. The projects taking off from the company’s drawing board will be the...
With consumers returning to brick-and-mortar stores to shop for their grocery needs, the Villar Group’s mid-premium supermarket chain AllDay Supermarket reported that its net income surged to P172 million in the first half of 2023 from P12 million in the same period last year. In a disclosure to...
The Gotianun family’s investment arm Filinvest Development Corporation (FDC) and property development unit Filinvest Land Inc. posted higher earnings for the first half of 2023. In a disclosure to the Philippine Stock Exchange, FDC reported a 77 percent jump in attributable net income to P3.9...
Driven by its bank and automotive units, GT Capital Holdings Inc., the Ty family’s investment arm, doubled its net earnings in the first half of the year to P16.58 billion from P8.3 billion in the same period last year. In a disclosure to the Philippine Stock Exchange, the firm said core net...
