DMCI Mining Corp., the nickel mining unit of Consunji-led DMCI Holdings Inc., expects this year to mark the start of a years-long growth trajectory after expanding its mining capacity through the commercial operations of its Long Point mine in Palawan. Tulsi Das Reyes, president of DMCI Mining...
Diversified engineering conglomerate DMCI Holdings Inc. expects mixed performance across its subsidiaries this year as geopolitical tensions in the Middle East and regulatory uncertainty surrounding its coal mining assets weigh on the group’s outlook. Speaking at the company’s annual...
DMCI Holdings Inc. reported a slight decline in first-quarter profit as weaker returns from its coal and water units tempered gains in its real estate and mining divisions. The engineering conglomerate controlled by the Consunji family said that consolidated net income fell two percent to ₱4.9...
Consunji-led Concreat Holdings Philippines Inc. (CHP), formerly Cemex Holdings Philippines Inc., remains confident of its three-year target to return to profitability set last year despite the ongoing oil crisis. “I ’ m still confident, very, very confident, in turning around the company in...
Rising fuel prices are beginning to ripple across the sprawling operations of DMCI Holdings Inc., exposing the vulnerabilities of a diversified conglomerate whose businesses—from mining to cement to property—depend heavily on steady and affordable energy supply. For DMCI, the challenge is no...
Diversified engineering conglomerate DMCI Holdings Inc. is increasing its capital expenditure (capex) budget by 11 percent this year to ₱24.6 billion from ₱22.2 billion in 2025, mainly for the expansion of its residential and off-grid power businesses and strategic improvements in cement...
DMCI Homes, the residential arm of engineering conglomerate DMCI Holdings Inc., is embarking on a massive upscaling of its 130-hectare Acacia Estates in Taguig City, beginning with a ₱4.5 billion redevelopment of its commercial core. In a briefing, Alfredo Austria, DMCI Homes president, said the...
Consunji-led Semirara Mining and Power Corp. (SMPC) sought to calm investors who have been selling down its stock, as well as that of parent company DMCI Holdings Inc., by expressing confidence it will win the bid for a new coal operating contract (COC) after the government said it will not extend...
DMCI Homes, the residential arm of DMCI Holdings Inc., plans to spend ₱16 billion in capital expenditures this year as it bets on recovery in the property market driven by the prospect of easing interest rates. In a briefing, DMCI Homes President Alfredo R. Austria said the developer intends to...
HONG KONG — Metro Pacific Investments Corp. (MPIC) has begun due diligence on PrimeWater Infrastructure Corp. and its assets, a process that will determine whether the conglomerate makes a formal bid to acquire the water utility from the Villar family. “We signed a non-disclosure agreement with...
Diversified engineering conglomerate DMCI Holdings Inc. reported a 22-percent drop in consolidated net income to ₱11.8 billion for the first nine months of 2025 from ₱15.1 billion in the same period last year. In a disclosure to the Philippine Stock Exchange (PSE), the firm said, “The...
The Metro Manila residential property market continues to grow more competitive with an expanding range of condominium options available to homebuyers and investors. In this environment, the challenge lies in identifying developments and ownership schemes that deliver true long-term...
