Century Properties Group Inc. (CPG) reported a 38 percent jump in consolidated net income to P1.8 billion in the first nine months of 2024 from P1.3 billion in the same period last year, putting it on track to meet its full-year financial targets. In a disclosure to the Philippine Stock Exchange,...
TBG Food Holdings, Inc. (The Bistro Group), local owner of popular restaurant brands such as Italianni’s, TGI Friday’s, and Texas Roadhouse, has secured a P1.6 billion investment from A. Soriano Corporation (Anscor). In a disclosure to the Philippine Stock Exchange, Anscor said it acquired the...
Kenangan Coffee, a leading Indonesian coffee brand with 950 branches worldwide, has officially arrived in the Philippines. The brand’s first branch opened on Nov. 12 at SM Mall of Asia’s North Entertainment Mall, introducing Filipino customers to its acclaimed coffee menu, known for rich...
LT Group Inc. (LTG), the holding company of taipan Lucio Tan, reported a 4.9 percent improvement in consolidated net income to P26.67 billion for the first nine months of 2024 from P25.42 billion in the same period last year. In a disclosure to the Philippine Stock Exchange (PSE), the firm said its...
Aboitiz-led Union Bank of the Philippines (UnionBank) and the ATRAM Group have entered into an investment agreement to merge their respective trust subsidiaries. In a disclosure to the Philippine Stock Exchange (PSE), UnionBank announced that it will hold a 27.5 percent ownership stake in ATR...
The Philippines must pursue long-term reforms to thrive amid intensified uncertainty wrought by geopolitics and external developments, including Donald J. Trump's impending return to the White House seen solidifying the United States' trade protectionism, according to a World Bank economist. On the...
K-pop star Jungkook of idol group BTS will be returning to Disney+ with a brand new three-episode docuseries. The “Jung Kook: I Am Still: The Original” will premiere on Disney+ on Dec. 3. The Disney+ docuseries is an extended cut of the theatrical release “Jung Kook: I Am Still” and...
Homegrown instant payment systems provider Higala Group Inc. has partnered with Yuchengco-led Rizal Commercial Banking Corp. (RCBC) to roll out the SynerFi platform for small lenders’ digital transactions in the countryside. SynerFi’s open-payments infrastructure grants customers of rural banks...
Fillet and lobster tail The Bistro Group is wrapping up the year with an impressive addition to its roster: Morton’s The Steakhouse, which will open its doors on November 25 at Uptown East Gate, Bonifacio Global City (BGC). Known globally for its prime USDA-aged steaks and upscale dining...
Korean entertainment company HYBE gave an update on the highly anticipated full group comeback of K-pop idol group BTS. In October 2022, when Big Hit Music, BTS’ agency, announced the military service of the members, it said, “Both the company and the members of BTS are looking forward to...
Megaworld Corporation, the country’s pioneer builder of townships, reported a 16 percent growth in net income for the first nine months of 2024 to P15.69 billion, from P13.5 billion in the same period last year, as all its key businesses improved. In a disclosure to the Philippine Stock Exchange...
A duet of the famous holiday song “White Christmas” will be released, featuring BTS’ V and Bing Crosby. “White Christmas (with V of BTS),” featuring the voices of V and Crosby, is set for release at 2 p.m. KST on Dec. 6. Big Hit Music, BTS’ agency, announced that V...