Listed real estate developer Century Properties Group Inc. (CPG) is on track to meet its full-year financial targets, reporting a consolidated net income after tax (NIAT) of P1.8 billion for the first nine months of 2024, a 38 percent increase from P1.3 billion in the same period last year....
CEBU CITY – The hospitality industry in Cebu received a much-needed shot in the arm after a local hotel recently tied up with a Singaporean multinational brand. PRIMARY Group of Builders (PGB) recently signed a partnership with Singraporean multinational brand Banyan Group. Present in the...
Alliance Global Group Inc. (AGI), the investment holding company of tycoon Andrew Tan, reported an almost flat net income of P20.05 billion during the first nine months of the year versus P20.14 billion in the same period of 2023. In a disclosure to the Philippine Stock Exchange (PSE), the firm...
Max’s Group, Inc. (MGI), the Philippines’ largest casual dining restaurant group, reported a 41 percent drop in net income to P186 million in the first nine months of the year from P314 million in the same period last year. In a disclosure to the Philippine Stock Exchange, the firm said this is...
Century Properties Group Inc. (CPG) reported a 38 percent jump in consolidated net income to P1.8 billion in the first nine months of 2024 from P1.3 billion in the same period last year, putting it on track to meet its full-year financial targets. In a disclosure to the Philippine Stock Exchange,...
TBG Food Holdings, Inc. (The Bistro Group), local owner of popular restaurant brands such as Italianni’s, TGI Friday’s, and Texas Roadhouse, has secured a P1.6 billion investment from A. Soriano Corporation (Anscor). In a disclosure to the Philippine Stock Exchange, Anscor said it acquired the...
Kenangan Coffee, a leading Indonesian coffee brand with 950 branches worldwide, has officially arrived in the Philippines. The brand’s first branch opened on Nov. 12 at SM Mall of Asia’s North Entertainment Mall, introducing Filipino customers to its acclaimed coffee menu, known for rich...
LT Group Inc. (LTG), the holding company of taipan Lucio Tan, reported a 4.9 percent improvement in consolidated net income to P26.67 billion for the first nine months of 2024 from P25.42 billion in the same period last year. In a disclosure to the Philippine Stock Exchange (PSE), the firm said its...
Aboitiz-led Union Bank of the Philippines (UnionBank) and the ATRAM Group have entered into an investment agreement to merge their respective trust subsidiaries. In a disclosure to the Philippine Stock Exchange (PSE), UnionBank announced that it will hold a 27.5 percent ownership stake in ATR...
The Philippines must pursue long-term reforms to thrive amid intensified uncertainty wrought by geopolitics and external developments, including Donald J. Trump's impending return to the White House seen solidifying the United States' trade protectionism, according to a World Bank economist. On the...
K-pop star Jungkook of idol group BTS will be returning to Disney+ with a brand new three-episode docuseries. The “Jung Kook: I Am Still: The Original” will premiere on Disney+ on Dec. 3. The Disney+ docuseries is an extended cut of the theatrical release “Jung Kook: I Am Still” and...
Homegrown instant payment systems provider Higala Group Inc. has partnered with Yuchengco-led Rizal Commercial Banking Corp. (RCBC) to roll out the SynerFi platform for small lenders’ digital transactions in the countryside. SynerFi’s open-payments infrastructure grants customers of rural banks...
