Alliance Global Group Inc. (AGI), the investment arm of tycoon Andrew Tan, reported a slight decline in net income to P17.1 billion in the first nine months of 2022 from the P17.33 billion posted in same period last year. In a disclosure to the Philippine Stock Exchange, the firm said its...
Globe Telecom Inc. reported a 48 percent increase in net income to P26.5 billion in the first nine months this year versus same period last year while consolidated service revenues hit P118 billion, up three percent year-on-year. Globe said the huge jump in net income was due to one-time gains from...
Max’s Group Inc., the country’s largest casual dining restaurant group, reported an 82 percent improvement in net income to P427 million in the first nine months of 2022 from P234 million in the same period last year. In a disclosure to the Philippine Stock Exchange, the firm noted that last...
LT Group, Inc. (LTG), the flagship of taipan Lucio Tan, reported a 105 percent surge in attributable net income to P20.41 billion for the first nine months of 2022 from the P9.95 billion earned in the same period last year. In a disclosure to the Philippine Stock Exchange, the firm said its tobacco...
Philippines and Cambodia have identified complementary sectors for potential mutual cooperation during a CEO roundtable meeting as part of President Ferdinand R. Marcos Jr.’s visit to Cambodia for the 40th and 41st ASEAN Summits and Related Summits. Trade and Industry Secretary Alfredo E. Pascual...
Asticom Group of Companies, Globe Group's shared services provider, targets to employ 15,000 more in the next three to five years from the current 5,000 Filipinos nationwide. Now on its seventh year of operation, Asticom is expanding its operations, targeting small and medium-sized enterprises...
Transportation and logistics service provider 2GO Group Inc., a subsidiary of SM Investments Corporation, reported a 126 percent jump in net income to P240 million in the first nine months of the year. In a disclosure to the Philippine Stock Exchange, the firm said its earnings were a turnaround...
Pangasinan 4th District Rep. Christopher de Venecia on Wednesday, Nov. 9, questioned the lack of government-provided incentives for Filipino creatives who have won prestigious international awards as he compared how athletes have gotten benefits for achieving the same. (Unsplash/Manila Bulletin)...
Langham Hospitality Group launches upper midscale brand Ying’nflo in Wanchai LIKE A FRIEND'S APARTMENT, ONLY BETTER The design philosophy is about transforming mundane spaces Langham Hospitality Group celebrates its 20th anniversary by launching Ying’nFlo, an upper midscale hospitality brand,...
Hann and Accor groups have agreed to expand their partnership for the construction of two more luxury hotels as part of its $2 billion integrated lifestyle resort development in Clark. According to a company statement, the deal was signed recently in Singapore by Garth Simmons, CEO Accor –...
The Jollibee Group has relaunched Japan’s world-famous Beef Bowl Chain, Yoshinoya, in the Philippines with the opening of its Glorietta 1 Mall branch in Makati. Yoshinoya is Jollibee Group’s first ever Japanese food chain, making it a strong addition to the foreign franchised brands currently...
BDO Unibank is providing financial support to critical water infrastructure projects of San Miguel Corporation’s Luzon Clean Water Development Corporation (LCWDC) and Razon Group’s Wawa Bulk Water Supply Project. In a statement, the bank said its “unwavering support to these initiatives...
