Leading the partnership signing are (from left) Arnie Batac, chief operating officer, MREIT Inc.; Lourdes Gutierrez-Alfonso, president, Megaworld Corp.; Joey Radovan, country head, JLL Philippines; and Michael Glancy, JLL managing director for Thailand, Vietnam, Indonesia, and the...
Golden Arches Development Corp. (GADC) Founder and Chairman George T. Yang Yang-led Golden Arches Development Corp. (GADC), or McDonald’s Philippines, plans to invest at least ₱3 billion to ₱5 billion this year to open more than 65 stores, with the aim of reaching 1,000 stores in two years....
As United States (US) President Donald Trump’s tariffs will continue to weigh down global equities markets this week, the Philippine Stock Exchange will not be an exception, although traders are hoping that low valuations and a possible rate cut by the Bangko Sentral ng Pilipinas (BSP) will spur...
To support the growth of renewable energy (RE) technologies in the country, Ayala-led ACEN Corp. believes that the ideal ratio of battery storage to solar capacity should be between 30 and 40 percent. In an ambush interview last week, Eric Francia, president and chief executive officer of ACEN,...
Despite President Donald Trump’s recent executive order (EO) to withdraw the United States (US) from the Paris Agreement, energy stakeholders in the Philippines believe his current policies will have minimal impact on renewable energy (RE) growth in Asia. During the Renewable Energy Forum 2025 on...
CEBU CITY – Another factory of a global company with specialties in the business of food and amino acids has transitioned to renewable energy for its electricity needs, showing its commitment to push for a “healthier planet." TEDDY Wong (from left), factory manager, Ajinomoto Philippines Flavor...
Local share prices fell further as investors around the world fear that Trump’s tariffs will plunge the global economy into recession. The PSEi lost 61.54 points or 1.00 percent to close at 6,084.19 with the Mining and Services counters suffering the most. Volume surged to 1.72...
MacroAsia Corporation (MAC), taipan Lucio Tan’s aviation services unit, expects to exceed last year’s record revenue and strong profit growth as the aviation industry continues to recover from the pandemic while enjoying the revenge travel tailwind. The firm posted a 28 percent increase in...
SM Investments Corp. (SMIC), the flagship of the Sy family, has been named by Hong Kong-based publication FinanceAsia as the best large cap company in the Philippines, based on its highly anticipated Best Companies Poll 2025. The conglomerate, which marked its 20th listing anniversary on the...
DITO CME Director Cherylyn C. Uy DITO CME Holdings Corp. announced the replacement of a board director and its treasurer, Cherylyn C. Uy, the spouse of founder and Davao tycoon Dennis A. Uy, to make room for representatives of its new controlling shareholder, Singaporean Summit Telco Corp. Pte....
Robinsons Land Corp. (RLC) is gearing up for another infusion of assets into RL Commercial REIT Inc. (RCR) by selling ₱6.21 billion worth of the real estate investment trust’s shares to boost its public float. In a disclosure to the Philippine Stock Exchange, RLC said it has completed the...
First Philippine Holdings Chairman Federico R. Lopez (third from left) joins other top business leaders in signing with Environment Secretary Maria Antonia Yulo Loyzaga (fifth from left) a memorandum of understanding in support of government’s program to plant 10 million trees over the next three...
