DoubleDragon Corporation (DD), the property development venture of tycoons Edgar Sia II and Tony Tan Caktiong, has set new 10-year goals after expressing confidence in hitting initial targets for 2025. During the firm’s annual stockholders’ meeting, DD Chairman Sia said their goal was for the...
SM Supermalls, a unit of SM Prime Holdings Inc., continues to expand its portfolio in China—particularly in Fujian Province—with the opening of two new malls in Xiamen and one in Fuzhou. In an interview, SM Supermalls President Steven Tan said that next year, they will complete the fourth...
SM Supermalls, the retail leasing arm of SM Prime Holdings Inc., is set to open three new malls in the Philippines and redevelop at least 10 existing ones in 2025 as part of its ongoing expansion and upgrade strategy. In an interview, SM Supermalls President Steven Tan stated that the new malls...
Roberto B. Tan Roberto B. Tan, president and chief executive officer of the Philippine Deposit Insurance Corporation (PDIC), was elected to the Executive Council of the International Association of Deposit Insurers (IADI). Tan was elected during IADI's 23rd Annual General Meeting in Tokyo, Japan....
Township developer Megaworld Corporation’s leisure subsidiary Global-Estate Resorts, Inc. (GERI) is investing an initial P5 billion to develop a 117-hectare integrated lifestyle community in the highlands of Cagayan de Oro City. In a joint disclosure to the Philippine Stock Exchange, Megaworld...
Real estate firm Italpinas Development Corporation (IDC) announced that businessman Benjamin Tan Co had invested about P188 million to acquire a 15 percent stake in the company as its new investor-partner. In a statement, IDC said it has inked an agreement for the entry of Co as a strategic...
AVANT GARDENER The Philippines is in a precarious position health-wise. Not only are many Filipinos at risk for malnutrition, many are equally at risk for obesity, which itself is a form of malnutrition. “[According to the National Nutrition survey done by the Food and Nutrition Research...
Alliance Global Group Inc. (AGI), the investment holding company of tycoon Andrew Tan, reported an almost flat net income of P20.05 billion during the first nine months of the year versus P20.14 billion in the same period of 2023. In a disclosure to the Philippine Stock Exchange (PSE), the firm...
AVANT GARDENER The best way to stop food from being wasted is to eat it. We’ve all been told as children to finish our food because there are people who have nothing to eat. This is a simplified explanation of a complex problem. There are many reasons some people have no access to food....
Citicore Energy REIT Corporation (CREIT), the country’s only renewable energy real estate investment trust, posted a two percent improvement in net income, reaching P1.04 billion in the first nine months of 2024, up from P1.02 billion in the same period last year. In a disclosure to the...
Megaworld Corporation, the country’s pioneer builder of townships, reported a 16 percent growth in net income for the first nine months of 2024 to P15.69 billion, from P13.5 billion in the same period last year, as all its key businesses improved. In a disclosure to the Philippine Stock Exchange...
AVANT GARDENER Do we know why despite being an archipelago, our locally caught fish can be prohibitively expensive despite small fishers being one of the poorest sectors of Philippine society? It comes down to the amount of effort needed to get the fish from the fisher’s boat to the consumer’s...
