Tycoon Andrew Tan-led Alliance Global Group Inc. (AGI) surpassed its pre-pandemic performance with net income rising 19 percent to P14.2 billion in the first six months of 2023 from its year ago level of P12 billion. In a disclosure to the Philippine Stock Exchange, the firm said this was achieved...
“Nobody knew who I was before McDonald’s." Thus, recounted George T. Yang who pioneered the fastfood chain business in the Philippines which catapulted him to fame and fortune. McDonald's Philippines Master Franchisee George T. Yang Now one of the country’s best-known tycoons, he fondly...
Lucio Tan’s aviation services unit MacroAsia Corporation reported that its consolidated net income soared 667 percent to P382.2 million for the first half of 2023 from the P49.8 million earned the same period in 2022 on the back of revenge travel. In a disclosure to the Philippine Stock Exchange,...
Taipan Lucio Tan’s investment arm LT Group Inc. reported a 16 percent drop in attributable net income for the first half of 2023 to P13 billion from the P15.40 billion earned in the same period last year. In a disclosure to the Philippine Stock Exchange, the firm said its tobacco business...
AVANT GARDENER Grace Pascual-Holganza, a corporate accountant by trade, is the owner of Mumshroom, a company that sells products such as chips, patties, and sisig made from white oyster mushrooms cultivated on her family farm in Nueva Ecija. Though she technically started Mumshroom in 2018, just...
Real estate and spirits magnate Andrew Tan’s Megaworld Corporation reported a 31 percent growth in net income to P8.8 billion in the first half of 2023 from P6.7 billion in the same period last year. In a disclosure to the Philippine Stock Exchange, the firm said higher profits were seen as the...
Jollibee Foods Corporation (JFC), the giant Asian food service company controlled by tycoon Tony Tan Caktiong and his siblings, reported a 13.9 percent dip in attributable net income to P4.4 billion in the first half of 2023 from the P5.1 billion earned in the same period last year. Jollibee...
There’s a quote attributed to Mark Twain that says, “Find a job you like doing and you will never have to work a day in your life.” In Jose Diego Roxas’ case, it was more about finding work within his passion, which is agriculture, and learning to pivot when it best suited him. At 26...
Property and spirits magnate Andrew Tan’s real esate investment trust MREIT, Inc. improved its distributable income by 12 percent to P1.4 billion during the first half of 2023. In a disclosure to the Philippine Stock Exchange, the Megaworld-sponsored REIT said its revenues grew by 15 percent to...
AVANT GARDENER Looks like we may or may not have a rice shortage, depending on who you talk to. The Manila Bulletin reported in the beginning of the month (Aug. 1, 2023) that the country has “enough supply of rice that would last for a little more than one month,” specifically 39 days’ worth...
LUCENA CITY, Quezon – Gov. Helen Tan revealed her accomplishments in her first year as provincial chief executive during her “Ulat sa Lalawigan” (Report to the Province) on Monday, July 31. Tan said that although there is still much to be done in fighting poverty, the provincial government...
AVANT GARDENER What does it mean to work in agriculture? To most people, working in agriculture means farming or fishing, and then only specifically just the planting and harvesting part or just the fishing part. Folks who actually work in the agriculture industry know that this is not the case....
