The Figaro Coffee Group (FCG), a leader in the Philippine food and beverage sector, proudly unveiled its financial results for its fiscal third quarter ending March 2024. For the quarter ending March 2024, FCG reported revenues of P1.3 billion, up 27% from same quarter last year. Net income after...
Fil-Americans Jordan Heading and Caelan Tiongson are the new reinforcement for Strong Group Athletics when it competes in the 43rd William Jones Cup slated July 13 to 21 in Taipei, Taiwan. Jordan Heading, left, and Caelan Tiongson (SGA) The 28-year-old Heading, who currently plays for NBL1’s West...
Tycoon Andrew Tan’s holding company Alliance Global Group Inc. is infusing P2.61 billion into property development subsidiary Megaworld Corporation through subscription of new shares. In a disclosure to the Philippine Stock Exchange, AGI said its Board of Directors has approved the subscription...
Century Properties Group Inc. (CPG) maintained its strong performance in the first quarter of 2024 with a 35 percent growth in consolidated net income to P410 million from the P302 million earned in the same period last year. In a disclosure to the Philippine Stock Exchange, the firm said revenues...
Tycoon Andrew Tan’s holdings company Alliance Global Group Inc. reported an 10.6 percent decline in attributable net income to P4.2 billion in the first quarter of 2024 from the P4.7 billion earned in the same period last year. In its presentation to stock analysts disclosed to the Philippine...
LT Group, Inc.(LTG), the investment arm of taipan Lucio Tan, reported a one percent improvement in attributable net income to P6.42 billion for the first quarter of 2024 from the P6.38 billion registered in the same period last year. The firm’s disclosure to the Philippine Stock Exchange showed...
The tides are turning in the deregulated downstream oil industry, as French multinational TotalEnergies is reportedly taking its exit from the Philippine downstream oil industry, with its planned asset sale to the Villavicencio group. TotalEnergies Philippines counts more than two decades of...
K-pop idol group BTS member RM’s pre-released song “Come back to me” topped iTunes worldwide. The song by RM, who is currently serving in the military, was dropped on May 10 ahead the release of his second solo album “Right Place, Wrong Person” on May 24. According to Big Hit...
The Bases Conversion and Development Authority (BCDA) has expressed its willingness to divest its ownership in the Subic-Clark-Tarlac Expressway (SCTEX) to a group led by businessman Manny V. Pangilinan (MVP). BCDA President and Chief Executive Officer Joshua Bingcang said that the formal buyout...
NEW YORK — Cracks are showing in one of the main pillars keeping the economy out of a recession: resilient spending by U.S. households. Consumer goods giants from PepsiCo to Kraft Heinz have described recently how the combination of high inflation and higher interest rates is hurting their...
Tycoon Andrew Tan’s Megaworld Corporation, the country’s leading township developer, posted a 10 percent improvement in net income to P5.02 billion during the first quarter of 2024 from the P4.56 billion in the same period last year. In a disclosure to the Philippine Stock Exchange, the...
If you’re seeking a BGC spot to hang out with friends for a chill night out and enjoy authentic Chinese dishes and cocktails, look no further than the newly opened Red Lotus by Modern Shang. Located at One Bonifacio High Street, this Chinese resto-bar is the younger, hip outlet of Modern Shang...
