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...
Diversified engineering conglomerate DMCI Holdings, Inc. has declared a special cash dividend of ₱0.48 per share, amounting to ₱6.4 billion, following a hefty ₱5.33 billion cash dividend declaration by subsidiary Semirara Mining and Power Corp. In a disclosure to the Philippine Stock...
At 76 and 30 years at the helm of the diversified engineering conglomerate DMCI Holdings Inc., Chairman and President Isidro A. Consunji is starting to plan for his retirement, which will be filled with sunshine, as he shifts focus to expanding family-owned plantations covering thousands of...
Despite the condominium glut in certain parts of Metro Manila, DMCI Homes just launched the latest installment of its Mulberry Place project in Taguig City, consisting of one high-rise and one mid-rise building to meet strong demand in the area. The firm said it launched the Taffeta and Zephyr...
Diversified engineering conglomerate DMCI Holdings Inc. reported an 18 percent drop in consolidated net income to ₱9.1 billion in the first half of 2025 from the ₱11.1 billion earned in the same period last year. In a disclosure to the Philippine Stock Exchange, the firm said it posted a net...
