Budget airline Cebu Pacific has received its seventh aircraft delivery for the year to strengthen operational resilience while addressing the ongoing surge in demand for air travel. In a statement, the carrier said its brand-new aircraft, a fuel-efficient A321neo, arrived at the Ninoy Aquino...
Real estate giant Ayala Land Inc. (ALI) was recognized by Corporate Governance Asia in multiple categories in its 14th Asian Excellence Awards, held last May 30, 2024, at JW Marriott Hong Kong. Ayala Land took home six wins at the 14th Asian Excellence Awards including Best Investor Relations...
D&L Industries Inc., the country’s top specialty food ingredients and oleochemicals producer, expects earnings to grow by double-digits this year as it declares P1.49 billion in cash dividends. D&L President and CEO Alvin D. Lao During the firm’s annual stockholders’ meeting,...
Cebu Pacific (CEB), the Philippines' leading carrier, further expands its international network as it launches flights between Manila and Kaohsiung with its signature Piso Sale, allowing more passengers to explore the harbor-side parks and urban landscapes of southern Taiwan’s largest city. ...
AyalaLand Logistics Holdings Corporation (ALLHC) has recently opened its latest facility, ALogis Artico Santo Tomas within the Light Industry & Science Park III in Sto. Tomas, Batangas. In a disclosure to the Philippine Stock Exchange, the firm said this marks ALLHC’s first cold storage...
The Office of the Ombudsman (OMB) has found probable cause to charge in court former Department of Health (DOH) secretary Francisco T. Duque and Procurement Service-Department of Budget and Management (PS-DBM) undersecretary Lloyd Christopher A. Lao with graft in the alleged illegal transfer of...
Criminal charges are set to be filed in court against former Department of Budget and Management Undersecretary Lloyd Christopher A. Lao, Overall Deputy Ombudsman Warren Rex H. Liong, Procurement Management Officer Paul Jasper V. De Guzman, and six other persons for their...
D&L Industries Inc., the country’s top specialty food ingredients and oleochemicals producer, reported a four percent improvement in recurring income to P618 million in the first quarter of 2024 from P594 million in the same period last year as its new Batangas plant is almost breaking even...
AyalaLand Logistics Holdings Corp. (ALLHC), an Ayala Land, Inc. (ALI) subsidiary, reported an 18.54 percent growth in net income to P211 million in the first quarter of 2024 from the P178 million it earned in the same period last year. In a disclosure to the Philippine Stock Exchange, the firm said...
AyalaLand Logistics Holdings Corp. (ALLHC), the subsidiary of Ayala Land, Inc. (ALI) focused on the development of industrial properties, is planning to double its current cold storage capacity by 2025 as demand from importers continue to grow. ALLHC President and CEO Robert S. Lao ...
D&L Industries Inc., the country’s top specialty food ingredients and oleochemicals producer, has successfully received a LEEDv4 Gold Certification from Barone International for the six-storey central hub of its newly operational P10.5 billion plant in Batangas. D&L’s new plant in...
AyalaLand Logistics Holdings Corp. (ALLHC), the subsidiary of Ayala Land Inc. (ALI) focused on the development of industrial properties, suffered a 37 percent drop in net income to P635 billion last year from the P1.01 billion earned in 20222. In a disclosure to the Philippine Stock Exchange (PSE),...