Alliance Global Group, Inc. (AGI), the investment arm of tycoon Andrew Tan, posted a hefty 173 percent jump in net income to P17.3 billion in the first nine months of 2021 from P6.4 billion during the same period last year. In a disclosure to the Philippine Stock Exchange, the firm attributed its...
Max’s Group, Inc., the Philippines’ largest casual dining restaurant group, reported a net income of P235 million in the first nine months of 2021, a strong reversal from the net loss of P982 million in the sam period last year. In a disclosure to the Philippine Stock Exchange, the firm said it...
Cebu-based retailer Metro Retail Stores Group Inc. (MRSGI) narrowed its losses to P306.41 million in the first nine months of 2021 from a net loss of P421.87 million in the same period last year. In a disclosure to the Philippine Stock Exchange, the firm said that quarter-on-quarter, MRSGI tapered...
Technology is changing everything in our world. How is it changing our food? We turn to our favorite chefs for answers I think technology will facilitate easier access to food, hence the success of the delivery apps. There are definitely more ingenious ways we can use technology to advance food and...
Sustainable properties have the perception of being expensive, exclusive, and out of reach for ordinary people. EDGE certification, an innovation of the International Finance Corporation (IFC), a member of the World Bank Group, is seeking to change that by simplifying the certification process with...
LT Group, Inc. posted a 38 percent drop in attributable net income to P9.95 billion for the first nine months of 2021 from the P16.10 billion reported for the same period in 2020. In a disclosure to the Philippine Stock Exchange, the firm said “The decline is mainly due to the higher provisioning...
ACE Enexor Inc., the oil and gas company of the Ayala group, has cemented a joint venture agreement with US firm Red Holdings B.V., a subsidiary of Gen X Energy for the development of a 1,100-megawatt combined cycle gas-fired power project. In a disclosure to the Philippine Stock Exchange (PSE) on...
The Aboitiz Group recently bagged the prestigious Agora Award for Outstanding Achievement in Advocacy Marketing in support of the United Nations Global Compact. The award is given by the Philippine Marketing Association to Philippine-based companies that have institutionalized advocacy marketing,...
The Sta. Lucia Group, led by publicly listed Sta. Lucia Land Inc. (SLI), has seen the highs and lows of the real estate industry, the cyclical changes in the economy, and the continuing transformations of consumer needs, tastes, and preferences. Over the last 50 years, the Sta. Lucia Group has...
HYBE Corp., which manages K-pop groups BTS, TXT, Seventeen and ENHYPEN, and Universal Music Group (UMG) have launched a global audition to form the next pop girl group in the US. The two companies launched the first-ever HYBE x Geffen Global Girl Group Audition to launch a global, diverse and...
Figaro Coffee Group Inc., a local coffee shop and restaurant chain owner, is planning to raise up to P1.77 billion from a planned initial public offering to its expansion and acquisitions. Based on the firm’s registration statement filed with the Securities and Exchange Commission, Figaro is...
Trunc.ph celebrates its anniversary with new brands and exciting treats Taking luxury shopping experience from plush boutiques to the dynamic virtual world has been the challenge for many retail destinations in the country. With their erratic operations due to the ever-changing community...
