The local stock market is seen to continue being weighed down by concerns at the economic front while investors wait for first half earnings results. “While we see bargain hunting opportunities, next week, investors are still expected to maintain a cautious stance amid lingering economic...
Despite the challenges posed by the pandemic and a more competitive spirits market, Tanduay managed to outsell other rum brands and win its fifth consecutive World’s Number Rum 1 award. Billionaire Lucio Tan’s grandson, Lucio Tan III, who took the reins at Tanduay Distillers, Inc. as...
AVANT GARDENER Yvette Tan With the Regional Comprehensive Economic Partnership (RCEP), the largest trade agreement involving many countries since the establishment of the World Trade Organization (WTO), due to be brought up in the Senate soon, the question remains: will the agriculture sector be...
Emperador Inc., a leading global spirits firm controlled by tycoon Dr. Andrew Tan, saw it share prices rise in both Singapore and the Philippines after the listing of its shares in the Singapore Exchange Securities Trading Limited (SGX-ST). The firm’s listing at the...
BDO Unibank Inc. is giving its shareholders cash dividends amounting to P4.39 billion as well as a 20 percent stock dividend after delivering a 51 percent increase in net income to P42.8 billion last year. During the Bank’s Annual Stockholders’ Meeting, BDO President Nestor V. Tan reported that...
AVANT GARDENER Yvette Tan I sat down with Arsenio “Toto” Barcelona, president of Harbest Agribusiness Corporation, which celebrates its 25th anniversary this month. As anyone who’s met him knows, he’s fun to talk to and is a font of knowledge. He was also a good friend of former Manila...
AVANT GARDENER Yvette Tan We need to focus on ensuring national food security now to prevent shortages in the future. Various groups and individuals have been sounding this alarm, particularly in the last few months. As the country transitions to a new administration, with President Marcos also...
Jollibee Foods Corporation is still optimistic about its growth prospects this year despite new challenges posed by rising costs and disruptions caused by Russia’s invasion of Ukraine. “Over the years, we have been unrelenting in our commitment to create value for both our shareholders and the...
AVANT GARDENER Yvette Tan The blue ternate may finally be getting its moment. The blue ternate (Clitoria ternatea), also known as butterfly pea, also known as Asian pigeonwings has been the darling of small farmers for a while now. Its scientific name comes from the word clitoris because that’s...
Township developer Megaworld Corporation expects to continue recovering this year from the impact of the pandemic and sees stronger growth compared to 2021. “We already started to focus on growth again. Consequently, we are targeting higher reservation sales this year, and are expanding our...
AVANT GARDENER Yvette Tan Two weeks ago, I sat down with Chit Juan, president of the Philippine Coffee Board to discuss the state of Philippine coffee, especially after two years of pandemic lockdown. Last week’s column focused on producers. Now, we focus on consumers. Even as Philippine coffee...
Alliance Global Group Inc. (AGI), the investment arm of tycoon Andrew Tan, is increasing its capital expenditure budget by 33 percent to P60 billion this year. The firm said in a disclosure to the Philippine Stock Exchange that the higher capex budget is in preparation for a further improvement in...
