In a show of confidence to the company he built up from a small local player into a multi-billion, global brandy and whisky empire, tycoon Dr. Andrew Tan has bought from the open market ₱333 million worth of the shares of Emperador Inc. In a disclosure to the Philippine Stock Exchange, the liquor...
Unrealized gains from fair value of property and foreign exchange gains resulted in a surge in the first quarter profits of DoubleDragon Corporation, the real estate partnership between tycoons Tony Tan Caktiong and Edgar Sia II. In a disclosure to the Philippine Stock Exchange, the firm said its...
Stockholm, Sweden – JTI Philippines is optimistic about the prospects of its Nordic Spirit oral nicotine product, which offers adult consumers an alternative to combustible cigarettes. Karin Tan, JTI Philippines ' Reduced Risk Products (RRP) Category Director, stated that the Philippines is...
To protect six endangered species from extinction, the Department of Environment and Natural Resources (DENR) and its partner, SM Supermalls, held the "Save from Extinction" campaign event on May 16, 2025 at Mall of Asia in Pasay City. The event is set to raise awareness and funding for the...
Alliance Global Group, Inc. (AGI), the holding company of tycoon Dr. Andrew L. Tan, has deconsolidated McDonald’s Philippines franchisee Golden Arches Development Corp (GADC) from its financial statements to generate a one-time gain of ₱3.4 billion from the remeasurement of the investment’s...
AVANT GARDENER A year ago, around this time, I had the opportunity to visit vegetable farmers in Benguet courtesy of WOFEX. One of the farmers I talked to was Mena Sukil-ap from Atok, Benguet. Turning 56 next week, Sukil-ap inherited her terraced farm, about 500 sqm of which is productive, from...
Following the success of their initial collaboration, the Department of Environment and Natural Resources (DENR) and SM Supermalls are set to continue the “Save from Extinction” campaign on May 16, 2025, at the Mall of Asia Main Mall Atrium. Aimed at raising awareness, Save from Extinction...
Citicore Energy REIT Corporation, the country’s first and largest renewable energy REIT, posted stable attributable profit of ₱358 million and revenues of ₱472 million, in line with the same period last year. “The stability of the Company’s performance is primarily attributed to a strong,...
Taipan Lucio Tan’s holding company LT Group, Inc. (LTG) reported its best first-quarter performance since its follow-on public offering in 2013 on the back on higher earnings contributions from its banking, tobacco, beverages and real estate units. In a disclosure to the Philippine Stock...
LUCENA CITY, Quezon – Three prominent women emerged on top in the gubernatorial race in the provinces of Laguna, Batangas, and Quezon in the elections on Monday. VILMA Santos-Recto is back as governor of Batangas. (FB) Unofficial result from the Commission on Elections showed Sol Aragones and...
RL Commercial REIT Inc. (RCR), the real estate investment trust of Gokongwei-led Robinsons Land Corporation, is aiming to triple its market capitalization to ₱300 billion from the current ₱100 billion in three years through infusions of RLC’s offices and malls. In a media briefing after the...
Citicore Energy REIT Corporation (CREIT) declared cash dividends amounting to ₱320.7 million or ₱0.049 per common share, consistent with the same period last year. The firm disclosed to the Philippine Stock Exchange that the dividend represents income from its guaranteed lease revenues for the...
