The local stock market will be looking forward to the release of US December inflation figures for cues although sentiment has already been dampened by expectations that the Federal Reserve will be less aggressive in cutting policy rates. With the market having difficulty maintaining a solid...
AVANT GARDENER It’s the second week of the new year, the week when—let’s face it—everyone really returns to work, and then just barely. As we all know, many agricultural workers aren’t able to take long breaks. Pests aren’t going to stay away from your field just because it’s...
Property developer DoubleDragon Corporation, a partnership between tycoons Tony Tan Caktiong and Edgar Sia II, is planning to raise another P10 billion from the issuance of retail bonds. Philippine Rating Services Corporation (PhilRatings) said it has assigned the highest Issue Credit Rating of PRS...
Investor sentiment in the local stock market is expected to remain bearish this week due to prospects of fewer rate cuts in 2025, a weakening peso, and concerns related to the government’s budget for next year. "The local market is turning more bearish as it extended its decline last week," said...
Megaworld Corporation, tycoon Andrew Tan’s flagship property development company, is launching at least two to three new townships next year as it continues to expand its pioneering live-work-play concept. In an interview, Megaworld parent company Alliance Global Group’s President and CEO Kevin...
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...
