Globe Telecom Inc. said it is adopting advanced generative artificial intelligence (AI) across its business to boost operational efficiency and further improve services. In a statement on Wednesday, May 14, the Ayala-led telecommunications giant said it intends to be at the forefront of the...
JG Summit Holdings, Inc. (JGS), the flagship of the Gokongwei Group, is optimistic that its revenues and core earnings will continue to improve this year although shutdown costs of its petrochemical plant took a sizeable bite out of profits. “We are hopeful that the encouraging trends we are...
Sy-led SM Prime Holdings, Inc. (SM Prime), one of Southeast Asia’s largest integrated property developers, is planning to increase the number of electric vehicle (EV) charging stations installed across its nationwide portfolio as it accelerates its push for sustainable mobility. The firm said it...
Linking Network for Cancer Services Inc. (LiNCS) has marked a groundbreaking milestone in Philippine healthcare with the inauguration of its state-of-the-art genomics facility, Pathfinder Lab. Located at Unit 7D, Strata 100 Building, Emerald Avenue, Ortigas Central Business District, Pasig City,...
After recent declines in earnings, Emperador Inc. ended the first quarter of 2025 on a high note with net income improving by 6.5 percent to ₱1.85 billion as it ramps up its global expansion over the next five years. In a disclosure to the Philippine Stock Exchange, the firm said it is further...
Taipan Lucio Tan’s holding company LT Group, Inc. (LTG) reported its best first-quarter performance since its follow-on public offering in 2013 on the back on higher earnings contributions from its banking, tobacco, beverages and real estate units. In a disclosure to the Philippine Stock...
DMCI Holdings Inc. of the Consunji family reported strong growth in its residential, mining, and water businesses in the first quarter of 2025, but this was offset by its coal, construction, and cement units. In a disclosure to the Philippine Stock Exchange, the firm reported a net income of ₱5.1...
Revlv Solutions Inc., an authorized reseller of SpaceX’s Starlink in the Philippines, is aiming to expand its connectivity reach across the country’s remote areas through the satellite internet provider. Revlv Chief Executive Officer (CEO) Ryan Labrador said his company’s potential to grow is...
AREIT Inc., Ayala Land’s real estate investment trust, aims to grow its Assets Under Management (AUM) to $3 billion soon after a recent infusion from its parent company and sponsor will raise the value of its portfolio to ₱138 billion. “We will see our AUM quintuple to ₱138 billion from IPO...
Consunji-led DMCI Holdings Inc. is cautiously optimistic about the operating performance of the group in the short and medium term based on the bullish prospects of its power, mining, and water. During the firm’s annual stockholders’ meeting, DMCI Chairman Isidro A. Consunji said the...
Rapid clearing of ready-for-occupancy (RFO) residential units and focus on areas outside the National Capital Region has boosted the residential business and overall profitability of Filinvest Land, Inc., the Gotianun Group’s publicly-listed property developer. “Our focus on...
Gokongwei-led Robinsons Retail Holdings, Inc. expects to benefit from higher reciprocal tariffs between the U.S. and its trading partners, as it may eventually lead to oversupply and higher margins for dry goods. “We think the imposition of higher U.S. tariffs on its trading partners could lead...