Real estate giant Ayala Land Inc. reported a strong market debut for Southmont Central, a newly-launched district within the 800- hectare Southmont estate in Cavite. The Zobel-led developers said 43 percent of Southmont Central’s inventory sold on the first day, underscoring investor confidence...
Therma South, Inc. (TSI), an Aboitiz Power Corporation subsidiary, recently released 67 hatchlings from the first of five sea turtle (pawikan) nests found along the shoreline of the power plant in Binugao, Toril, Davao City. TSI team members, local barangay officials, and experts from Ridge to Reef...
Aseana City developer D.M. Wenceslao and Associates, Inc. (DMW) has started construction of the first phase of Aseana Plaza, a landmark office development that will be the company’s largest commercial project to date. As its latest addition to Aseana City, the firm said in a disclosure that...
In a show of confidence to the company he built up from a small local player into a multi-billion, global brandy and whisky empire, tycoon Dr. Andrew Tan has bought from the open market ₱333 million worth of the shares of Emperador Inc. In a disclosure to the Philippine Stock Exchange, the liquor...
Lopez-led First Gen Corp, (FGen) announced that it has fully acquired Pi Energy Inc. through a deed of assignment executed with its parent firm, First Philippine Holdings Corp. (FPH). In a disclosure to the Philippine Stock Exchange (PSE) on Monday, May 19, FGen said it acquired Pi Energy for ₱1...
Vehicle sales in the Philippines grew by 2.5 percent in April, which marked the slowest growth in seven months, amid a sharp decline in passenger car sales. A joint report by the Chamber of Automotive Manufacturers of the Philippines Inc. (CAMPI) and the Truck Manufacturers Association (TMA) showed...
Tantoco-led retailer SSI Group, Inc. reported an almost flat net income in the first quarter of the year as sales of fashion and casual wear lagged more basic items such as personal care, food, and home accessories. The firm disclosed to the Philippine Stock Exchange that its net income inched up...
Nearly 600,000 motorcycles were added to Philippine roads in the first four months of the year, as demand for a more affordable mode of transportation continues to attract droves of buyers across the country. The latest data from the Federation of Asian Motorcycle Industries (FAMI) showed that...
The Philippine Economic Zone Authority (PEZA) is teaming up with Japan-based sustainability solutions provider Zeroboard Inc. to promote decarbonization in its economic zones. In a social media post, PEZA said it has entered into a memorandum of understanding (MOU) with Zeroboard. The agreement...
Alcantara-led Alsons Consolidated Resources Inc. (ACR) announced that its net income slightly went down during the first three months of this year. In a disclosure to the Philippine Stock Exchange (PSE) on Friday, May 16, ACR said it recorded a ₱472-million net income in the first quarter of...
Gaisano-led Metro Retail Stores Group, Inc. (MRSGI) announced a change in leadership with the retirement of Manuel C. Alberto as president and chief operating officer and the appointment of Joselito Orense to take his place. After serving as President and Chief Operating Officer for seven years,...
MREIT, Inc., the real estate investment trust of pioneering township developer Megaworld Corporation, announced the appointment of Kevin L. Tan as the company’s new Chairman of the Board effective June 1, 2025. Tan served as MREIT’s President and CEO since the launch of Megaworld’s REIT...
