Golden MV secures SEC nod to rebrand as Villar Land Holdings
Listed real estate developer Golden MV Holdings, Inc. has secured approval from the Securities and Exchange Commission (SEC) to change its corporate name to...
SSI Group 2024 income down 2.7% at P2.5B
TANTOCO-led specialty retailer SSI Group, Inc. posted a 2.7% decline in its net income for 2024 to P2.51 billion from P2.58 billion in 2023...
AboitizPower disconnects Cebu power plants from the grid
Two fossil fuel power plants in Cebu, operated by a subsidiary of Aboitiz Power Corp., have been disconnected from the power grid, the company...
BYD eyes 77 dealerships by yearend
ACMobility subsidiary BYD Cars Philippines is planning to increase its dealership network to 77 by yearend.
“We are excited to see the continued growth of...
CLI eyes P23 billion in reservation sales
Cebu Landmasters, Inc. (CLI) said it hopes to achieve P23 billion worth of reservation sales this year, reflecting robust market demand.
Reservation sales represent the...
Meralco: Batangas plant delay not linked to WESM price surge
Manila Electric Co. (Meralco) said the delay in the full delivery of the Batangas natural gas plant under its power supply agreement (PSA) with...
Business as usual amid US tariff pause — DTI
THE Department of Trade and Industry (DTI) said that business will continue as usual as the government awaits the final tariff rate that the US will impose on Philippine goods.
ACEN Australia secures A$750-M loan for energy projects
AYALA-LED ACEN Corp. said its subsidiary ACEN Australia Pty. Ltd. has secured an A$750-million loan from various financial institutions, which will allow it to...
ABS-CBN losses narrowed to P4.37B in 2024
ABS-CBN CORP. narrowed its net loss to P4.37 billion in 2024, despite posting lower revenues, thanks to reductions in production costs and expenses.
According to...
PHINMA income down 66% to P280M in 2024
DEL ROSARIO-LED PHINMA Corp. said its attributable net income fell by 66% to P279.55 million in 2024 from P831.27 million in 2023, as losses...
Cebu Landmasters posts 8% profit increase for 2024
LISTED PROPERTY developer Cebu Landmasters, Inc. (CLI) said its attributable net income rose by 8% to P3.01 billion in 2024 from P2.8 billion in...
PSE nears full control of PDS after buying more shares
THE Philippine Stock Exchange, Inc. (PSE) is nearing its goal of gaining full control of the Philippine Dealing System Holdings Corp. (PDS) after acquiring...