Taipan Lucio Tan’s LT Group Inc. is infusing a total of ₱3.5 billion into subsidiary Eton Properties Philippines, Inc. (EPPI) and its residential unit Eton City Inc. (ECI) to fund their growth initiatives. In a disclosure to the Philippine Stock Exchange, LTG said its management has finalized...
She promised herself to join the family business at the age of 30, but the burgeoning property developments didn’t escape her attention, prompting Samantha Manigsaca’s early entry to AppleOne Group, Inc. by four years. Landing the position of vice president for Hospitality in February, she’s...
Union Bank of the Philippines and the ATRAM Group have finalized their partnership, aiming to revolutionize the Philippine asset management landscape by merging their trust operations and leveraging digital innovation. Under the agreement, UnionBank will acquire a 27.5 percent stake in ATR Asset...
LT Group Inc., the holding company of taipan Lucio Tan, sees opportunities to expand its market leadership as inflation stabilizes while the country’s economic conditions improve. “As we look ahead to 2025, LTG remains committed to driving sustainable and innovative growth,” said LTG...
Tycoon Andrew Tan’s township developer Megaworld Corporation reported a 16 percent growth in net income to ₱5.83 billion in the first quarter of the year as its growing focus on the provinces helped the performance of all of its core businesses. In a disclosure to the Philippine Stock Exchange,...
Strong affordable housing and premium residential sales outside of Metro Manila led to double-digit earnings growth for Century Properties Group Inc. (CPG). The firm said it has continued its strong momentum in the first quarter of 2025, reporting a net income of ₱473 million, a 16 percent...
Davao tycoon Dennis A. Uy’s PH Resorts Group Holdings Inc. is relying on potential partnerships with EEI Corporation and AppleOne Group of Cebu to pay off debts, including that of its Bohol resort, and buy back land for its Mactan casino project. In a disclosure to the Philippine Stock Exchange,...
Ferronoux Holdings Inc. reported that not a single minority shareholder availed of the tender offer, as its market price is several times higher than the tender offer price of ₱2.22 offered by the controlling shareholder, Themis Group Corporation. In a disclosure to the Philippine Stock Exchange,...
Personnel from the Philippine Navy, Philippine Coast Guard, and Philippine National Police-Maritime Group display the Philippine flag on Sandy Cay (Pag-asa Cay 2) during an inter-agency maritime operation on April 27, 2025 to counter China's narrative that it seized the cay. (Courtesy of NTF-WPS)...
Police officers arrest a Chinese chef for selling an illegal gun online in Makati City. A 33-year-old Chinese chef was arrested by the Philippine National Police Anti-Cybercrime Group (PNP-ACG) for selling online a gun with an expired license in Makati City. The police said the suspect posted the...
(Office of the Presidential Adviser on Peace, Reconciliation and Unity) The Office of the Presidential Adviser on Peace, Reconciliation and Unity (OPAPRU) has signed a memorandum of understanding (MOU) with Kennemer Group, a Philippine-based international agri-business organization, to enhance...
Alliance Global Group Inc. (AGI), the investment holding company of tycoon Dr. Andrew Tan, is cutting capital expenditures (capex) for 2025 following a decline in earnings in 2024. In a disclosure to the Philippine Stock Exchange (PSE), the firm said it is allotting ₱63 billion for capex this...
