Former Finance Secretary Carlos G. Dominguez III has been tapped by the Ty family’s investment arm GT Capital Holdings Inc. as one of its independent directors. Dominguez’s election into the GT Capital Board of directors was announced by the conglomerate in a disclosure to the Philippine Stock...
Housing developer 8990 Holdings Inc. reported that its first half net income inched up 2.5 percent to P3.79 billion in 2023 from the P3.69 billion earned last year. In a disclosure to the Philippine Stock Exchange, the firm said gross revenues from January to June 2023 was also almost flat at...
Tito Sotto testified in a hearing on Aug. 11 in a case filed by him, Vic Sotto, and Joey de Leon, known as TVJ, and Jeny Ferre against the Television and Production Exponents Inc. (TAPE), which produces the noontime show “Eat Bulaga,” and GMA Network. The Marikina Regional Trial Court...
Taipan Lucio Tan’s investment arm LT Group Inc. reported a 16 percent drop in attributable net income for the first half of 2023 to P13 billion from the P15.40 billion earned in the same period last year. In a disclosure to the Philippine Stock Exchange, the firm said its tobacco business...
JFC and Coca-Cola group in full force. Photo shows the Jollibee Group team, represented by Ernesto Tanmantiong, President and CEO, Jollibee Group (sixth from left); Joseph Tanbuntiong, President, Head of Philippine Business and Head of Jollibee Global, Jollibee Group (8 th from left); Dennis...
Emperador Inc., controlled by tycoon Andrew Tan and a leading global whisky and brandy conglomerate, reported that its recurring attributable profit was relatively flat at P4.7 billion in the first half of 2023 from P4.8 billion in the same period last year. In a disclosure to the Philippine Stock...
An American company is planning to invest up to $1 billion for the expansion of its Clark and Baguio City facilities in the country, Malacañang announced. President Ferdinand 'Bongbong' Marcos Jr. (Photo courtesy of Malacañang) American microprocessors manufacturer Texas Instruments...
Leading VisMin developer Cebu Landmasters Inc. (CLI) of the Soberano family recorded a robust 32 percent growth in consolidated net income to P2.1 billion in the first half of 2023 from P1.6 billion in the same period last year. During its quarterly briefing, the firm said its attributable net net...
New Generali Life Assurance Philippines President and CEO, Dr. Hak Hong Soo. Generali Life Assurance Philippines, Inc. (Generali Philippines) is pleased to announce the appointment of Dr. Hak Hong Soo as President and Chief Executive Officer. Prior to his appointment as CEO of Generali...
2GO Group Inc., one of the country’s largest sea travel transportation solutions providers and a part of the Sy family’s SM Investments Corporation, has recently been accredited by the Department of Tourism (DOT) as a Tourism Water Transport Operator and Tourism Water Vessel. In a statement,...
Prime Asset Ventures Inc. (PAVI), the infrastructure business of richest Filipino Manuel B. Villar Jr. has signed implementing agreements for the P3.8 billion acquisition of the four-kilometer Muntinlupa Cavite Expressway (MCX) from Ayala Corporation. Villar Group acquires MCX - Villar-led Prime...
Executives from Prime Asset Ventures, Inc. and Ayala Corporation meet for the signing ceremony for the MCX. Villar-led Prime Asset Ventures, Inc. (PAVI) has signed implementing agreements for its acquisition of the four-kilometer Muntinlupa Cavite Expressway (MCX) from Ayala Corporation....
