The Tantoco family’s SSI Group continues to benefit from post-pandemic revenge shopping at its upscale stores resulting in net income more than doubling to P1 billion in the first half of 2023 from P491.4 million in the same period last year. The firm disclosed to the Philippine Stock Exchange...
Uptrend in sales from its operating renewable energy (RE) assets had driven up the net income of Yuchengco-led PetroEnergy Resources Corporation (PERC) to P591 million in this year’s first half versus P506 million a year ago. “Higher electricity sales from its renewable energy (RE) operating...
Ayala-led ACEN Corporation will be delivering 100-percent renewable energy (RE) power supply to the 25-floor JPMorgan Chase Tower at the Fort Bonifacio Global City in Taguig, the corporate headquarters of the multinational banking and financial services firm in the country. In a media statement,...
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...
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...
BACOLOD CITY – The City Drug Enforcement Unit (CDEU) and Police Station 7 arrested a member of the Caunda Drug Group and seized more than two kilos of suspected shabu worth P14,382,000 in Purok Pablo Torre, Barangay Vista Alegre, here, on Thursday, August 10. Police identified the suspect as...
Robinsons Land Corporation (RLC), the diversified real estate arm of the Gokongwei Group, repored a 23 percent growth in attributable net income to P5.78 billion in the first half of the year. In a disclosure to the Philippine Stock Exchange, the firm said this was achieved even with the high base...
2GO Group Inc., one of the country’s largest sea travel transportation solutions providers and a part of the Sy family’s SM Investments Corporation, has recently been accredited by the Department of Tourism (DOT) as a Tourism Water Transport Operator and Tourism Water Vessel. In a statement,...
ILIGAN CITY – A 15-year-old member of the Daulah Islamiyah-Maute Group surrendered to the military on August 5. The young combatant also yielded his 7.62mm M14 rifle to Lt. Col. Angestal Angeles II, commanding officer of the 51st Infantry Battalion (IB), at the unit’s headquarters in Barangay...
El Born, on the second floor of Mitsukoshi Mall, is the place to go if you’re ready to experience quality Catalan cuisine. Business partner Andrés Poy is adamant in stressing that this is a Catalan eatery, and not just another restaurant offering Spanish dishes. A new food concept from the...
Aboitiz Group President and CEO Sabin M. Aboitiz (front, second from left), as ABAC PH member and Sustainable Growth Working Group (SGWG) Vice Chair, and accompanied by Aboitiz Equity Ventures’ First Vice President and Chief Reputation and Sustainability Officer Ginggay Hontiveros-Malvar...
The Department of Agriculture (DA) and the Jollibee Group Foundation (JGF) signed a Memorandum of Agreement (MOA) to promote agri-fisheries clustering and consolidation to enhance access of small farmers and fisherfolks to markets and increase their income. Agriculture Senior Undersecretary Domingo...
