Office space completions in Metro Manila fell below projections in 2024, says Colliers
THE Metro Manila office market saw a shortfall in new supply in 2024, with actual office space completions falling below earlier projections due to...
How PSEi member stocks performed — February 25, 2025
Here’s a quick glance at how PSEi stocks fared on Tuesday, February 25, 2025.
SM Prime eyes P100-B capex for 2025
SM PRIME Holdings, Inc. announced plans to allocate P100 billion in capital expenditures (capex) this year, with the majority directed toward residential projects and...
Meralco beats 2024 target with P45.1-B core income
POWER DISTRIBUTOR Manila Electric Co. (Meralco) saw its core net income rise by 22% to P45.1 billion in 2024, driven by growth in its...
Globe closes sale of 56 towers for P706M
AYALA-LED Globe Telecom, Inc. has completed the sale of its 56 towers for a total of P706 million to MIESCOR Infrastructure Development Corp. (MIDC)...
STI posts 76% profit growth on strong enrolment
STI EDUCATION SYSTEMS Holdings, Inc. saw its attributable net income rise by 76% to P902.54 million for the six-month period ending December 2024, driven...
Tax court voids BIR’s P355.48-M assessment on cement company
THE COURT of Tax Appeals (CTA) has ruled in favor of Holcim Philippines Manufacturing Corp., canceling a P355.48-million deficiency capital gains tax (CGT) assessment...
PH1 says One Lancaster Park’s Tower 1 nearly sold out
PH1 WORLD Developers, Inc. (PH1WD) reported strong take-up for One Lancaster Park (OLP) in Imus, Cavite, with its first two towers reaching 96% and...
Toll operators to DoTr: Cashless system key to interoperability
TOLLWAY OPERATORS on Monday said they welcome the decision to reassess the implementation of cashless toll collection but emphasized that its full adoption is...
Manila Water says profit jumped to P10.5B in 2024
RAZON-LED Manila Water Co., Inc. reported an attributable net income of P10.5 billion for 2024, up 88% from the previous year, driven by higher...
Bloomberry Resorts names Gregory Hawkins as acting COO
Razon-led Bloomberry Resorts Corp. has appointed Gregory Francis Hawkins as the company’s acting chief operating officer (COO).
In a stock exchange disclosure on Monday, Bloomberry...
How PSEi member stocks performed — February 24, 2025
Here’s a quick glance at how PSEi stocks fared on Monday, February 24, 2025.