The Filinvest Group’s Cotabato Sugar Central Co. Inc. has processed over one million metric tons (MT) of sugarcane this milling season, the first time since the Gotianun-led conglomerate acquired the facility in 2002. In a statement, the company said the figure exceeds the original target for the...
Po family-led restaurant group Shakey’s Pizza Ventures Inc. (SPAVI) is expanding its Potato Corner kiosk business to Taiwan and Laos, tapping into the more substantial growth potential in the overseas market, particularly in Asia. “These are two exciting markets that we believe would have some...
SM Prime Holdings, Inc., one of Southeast Asia’s leading integrated property developers, bagged six major awards at the 15th Asian Excellence Awards held by Corporate Governance Asia on June 27 in Hong Kong. In a statement, the firm said the recognition affirms SM Prime’s leadership in...
Keppel Philippines Holdings, Inc. (KPHI) will no longer be traded at the Philippine Stock Exchange starting July 8, 2025 after the firm obtained and approval of the bourse and paid the voluntary delisting fee. The PSE had approved the firm’s voluntary delisting last June 25 and KPHI paid the fee...
Del Monte Pacific Limited’s US subsidiary, Del Monte Foods Holdings Limited (DMFHL), has filed for Chapter 11 bankruptcy in preparation for the liquidation of its assets, as directed by some of its creditors who recently took control of its board of directors. Last May 5, 2025, DMPL disclosed to...
Three years ago, President Ferdinand Marcos Jr. took the helm of the country as the world continued to grapple with the Covid-19 pandemic and economies, including the Philippines, strove for recovery after crippling lockdowns. Governments worldwide faced the delicate task of balancing public health...
Filinvest City, the premier township developed by the Filinvest Group, is poised for a transformation with the announcement that PLDT Inc., the nation 's largest integrated telecommunications company, will relocate its headquarters to the Southgate District of Filinvest City. This strategic...
West Zone concessionaire Maynilad Water Services, Inc. (Maynilad) now delivers piped-in water to around 10.5 million people as of the first quarter of 2025, marking continued gains in service coverage, availability, and water pressure across its concession area. As of March 2025, the company had...
Pangilinan-led telecommunications giant PLDT Inc. is setting its sight on the combined potential of 5G and artificial intelligence (AI) to lead its future growth domestically and potentially across the Asia-Pacific region. PLDT, the country’s largest integrated telco, said it is now charting its...
Zobel-led real estate giant Ayala Land Inc. (ALI) has acquired the landmark New World Hotel Makati in a strategic move that strengthens its footprint in the country’s leading financial and commercial hub. In a statement, ALI said the acquisition forms part of its subsidiary AyalaLand...
While its exports to the United States (US) are already affected by newly imposed tariffs, the Po family’s Century Pacific Food Inc. (CNPF) will continue to expand its coconut water, tuna, and dairy capacities as these are its main engines for growth in the years to come. In a media briefing...
MREIT Inc., the real estate investment trust (REIT) of top property giant Megaworld Corp., has tapped Common Ground, one of Southeast Asia’s leading coworking space providers, to develop an innovative “Digital Park” for Megaworld townships in the country. In a disclosure to the Philippine...