iPeople inc., a joint venture between the Yuchengcos’ House of Investments and the Zobels’ Ayala Corporation, reported a 10 percent growth in enrollment for the school year 2024-2025, resulting in a 54 percent jump in attributable profits in the first nine months of 2024. In a disclosure to the...
Megawide Construction Corporation will be holding its special meeting of stockholders on December 10, 2024, Tuesday, at 2:00 P.M. via remote communication and accessed is through the link available in the Company’s website. A copy of the official announcement published...
PH Resorts Group Holdings Inc., the hotel and casino business unit of Davao tycoon Dennis A. Uy, continues to hold “strategic investor discussions with several parties” for partnerships in, or acquisition of, its integrated resorts while raising funds to meet its obligations. In a disclosure to...
Suntrust Resort Holdings Inc., a partnership between LET Group Holdings and Megaworld Corporation, reported that its net loss increased 15 percent to P477.56 million in the first nine months as it continues to spend for the development of its $1.1 billion resort and casino project in Parañaque....
Homegrown non-bank Asialink Finance Corp. (AFC) has secured a total of at least $200 million (over P11.7 billion) in loans from two multilateral lenders to support its small business lending in the Philippines. Minutes of an Oct. 9 meeting of the Washington-based International Finance Corp. (IFC)...
New NAIA Infrastructure Corp. (NNIC), operator of the Ninoy Aquino International Airport (NAIA), is looking to ramp up the establishment of a new terminal to serve and accommodate a projected spike in the number of passengers to 50.2 million annually. At a news briefing over the weekend, NNIC...
Despite stock prices falling to bargain levels, the market remains bearish amid concerns about the weaker peso, potential US interest rate cuts, and US policies under the new political leadership. “The local market’s technical indicators continue to show a bearish bias, with the bourse falling...
When the going gets rough … the rough will need lubricants - because nothing ruins the ride like grinding gears and brake-screeching agony!" The lubricants business is often overshadowed by its more popular cousins diesel and gasoline – but in reality, it is a very essential commodity that...
Lopez Holdings Corporation, one of the investment arms of the Lopez family, reported seven percent dip in attributable net income to P4.83 billion for the first nine months of 2024 from the P5.21 billion earned in the same period last year. The firm disclosed to the Philippine Stock Exchange that...
SM Investments Corp. has secured its 16th consecutive Platinum Award for outstanding environmental, social, and governance (ESG) performance from The Asset Publishing and Research Ltd. SM Investments also received recognition for "Best Sustainability Team" and "Best Investor Relations Team” from...
Passenger experience at the Ninoy Aquino International Airport (NAIA) is expected to improve by 50 percent in the upcoming Christmas season amid improvements from New NAIA Infrastructure Corp.'s (NNIC) first 60 days since the takeover. In a briefing, Ramon S. Ang, NNIC president and chief...
The Department of Health (DOH) on Friday, Nov. 15, announced that the Benefits Committee (BenCom) of the Philippine Health Insurance Corporation (PhilHealth) has recommended to the Board en banc enhanced benefit packages for heart attacks, ten rare diseases, preventive oral health services in...
