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...
Shakey’s Pizza Asia Ventures Inc. (SPAVI), one of the leading restaurant and kiosk operators, saw its first-quarter net income slide 27 percent as the costs of aggressive store expansion and marketing offset a double-digit rise in systemwide sales. In a disclosure to the Philippine Stock...
Puregold Price Club Inc. is leveraging its procurement scale to mobilize a coalition of more than 150 commercial brands, aiming to stabilize the supply chains of neighborhood retailers currently squeezed by persistent inflation. Puregold, the grocery giant led by Vincent Co., said the initiative...
Malls have evolved and outgrown their role beyond shopping destinations. Today, they serve as shared spaces where communities gather, dine, unwind, and connect, becoming part of daily life within growing estates and townships. A well-placed mall shapes the identity of an estate, sustains its local...
Telco-to-tech provider Converge ICT Solutions Inc. is doubling down on its plan to spend up to ₱23 billion in capital expenditures (capex) this year to support network operations and capture more demand for connectivity, even as operating costs increase due to supply chain volatility. Converge...
Globe Telecom Inc. is planning to leverage services outside its traditional offerings, including the direct-to-cell service developed by Starlink, to propel its growth in a year of anticipated slower consumer demand due to accelerating inflation. Carl Cruz, president and chief executive officer...
AREIT Inc. reported that its first-quarter bottom line surge as its aggressive expansion into regional markets outside Metro Manila began to pay off. The real estate investment trust backed by property heavyweight Ayala Land Inc. reported a 25 percent year-on-year increase in net income to ₱2.6...
Sy-led SM Prime Holdings Inc. (SM Prime) is on track to open its second arena, SM Seaside Cebu Arena, next month as it has been barely affected by the spike in construction costs because the project was nearly completed before the global oil crisis started. “Fortunately, we’re almost done with...
VisMin real estate firm Cebu Landmasters, Inc. (CLI) is venturing into the sports and recreation business by partnering with GV Sports Facilities Corp. to develop a ₱100-million ballpark in Cebu. In a disclosure to the Philippine Stock Exchange, CLI said it has entered into a joint venture with...
