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8990 Holdings expands buyback limit to P7-B of stock
8990 Holdings disclosed that its board of directors voted to “expand” a P2 billion stock buyback program that was originally established back in 2019, which was then suspended during the pandemic to conserve cash......»»
Boulevard Holdings Q2 net income down 86% y/y, down 336% q/q
Boulevard Holdings reported a Q2/23 net loss of P33 million, down 86% from its Q2/22 net loss of P18 million, and down 336% from its Q1/23 net income of P14 million......»»
SamPan: Making her mark
Samantha Panlilio, eldest daughter of Jose Marcel “Jocel” Panlilio, is embarking on an ambitious career path to revitalize and expand the family’s real estate investments as chief operations officer of both the family’s publicly listed Boulevard Holdings Inc. and Puerto Azul Land Inc., even as she sets a parallel course to build her own beauty line, photography studio, and a furniture business under the brand “House of Marrakesh.”.....»»
Batangas sugar refinery stops operations
Listed sugar and ethanol producer Roxas Holdings Inc. yesterday said it permanently ceased the operations of its wholly owned subsidiary Central Azucarera Don Pedro Inc. Sugar in Batangas to slash its losses......»»
Malaysian airline Capital A records load factor of 88 pct in FY2023
KUALA LUMPUR, Jan. 24 (Xinhua) -- Malaysian airline group Capital A, formerly AirAsia, has achieved a robust group load factor of 88 percent for the fiscal year of 2023, a year-on-year increase of 5 percentage points. Capital A said in a statement on Wednesday that the load factor showed the return of strong travel demand, which was aligned with the group's effort to inject capacity back into the market and rein.....»»
Malaysian airline Capital A records load factor of 88 pct in FY2023
KUALA LUMPUR, Jan. 24 (Xinhua) -- Malaysian airline group Capital A, formerly AirAsia, has achieved a robust group load factor of 88 percent for the fiscal year of 2023, a year-on-year increase of 5 percentage points. Capital A said in a statement on Wednesday that the load factor showed the return of strong travel demand, which was aligned with the group's effort to inject capacity back into the market and rein.....»»
ALI to raise P50 billion in debt capital
Property giant Ayala Land Inc. is raising up to P50 billion in debt capital this year to refinance maturing obligations and partially fund general corporate requirements......»»
Mandtra Residences Showroom Opens In Mandaue City
Cebu Landmasters Inc. (CLI) and Cebu Homegrown Developers Inc. opened Mandtra Residences’ showroom in Casuntingan, Mandaue City. Elegantly designed with an urban tropical style, the high-ceiling showroom includes outdoor and indoor lobbies, a reception area, a meeting room, sales office, a bare studio type unit, and fully-furnished studio and one-bedroom units. CLI Chairman and Chief.....»»
JG Summit core profit soars in 2023
Core earnings of conglomerate JG Summit Holdings Inc. soared in 2023 following a significant turnaround in its airline business, with Cebu Pacific returning to full-year profit for the first time since the pandemic......»»
Cemex, Liwayway partner for sustainable plastic waste management
Cemex Holdings Philippines Inc., through Cemex’s Regenera waste management solutions, and snack foods giant Liwayway Marketing Corp. have teamed up for better management of plastic waste......»»
SM Prime expects to raise P25 billion from bond issue
Sy-led integrated property developer SM Prime Holdings Inc. is gearing up to raise as much as P25 billion from a proposed bond offering to fuel its expansion......»»
‘Imports, SRA made future worse for RHI unit’
Sugar and ethanol producer Roxas Holdings Inc. (RHI) took a major hit as increased imports and an alleged instruction from the government to stop refining led to the closure of its wholly owned subsidiary......»»
STI to acquire business school PSBA
STI Education Systems Holdings Inc. is beefing up its network of schools in the country with the acquisition of the Philippine School of Business Administration......»»
Prime invests in future sustainability leaders with scholarship program
SM Prime Holdings Inc. (SM Prime) has launched a scholarship program in partnership with the University of the Philippines Los Baños (UPLB). Aptly called the “SM Sustainability Scholarship,” the initiative reflects SM Prime's commitment to both educational access and sustainability stewardship......»»
SM Prime set to return to bond market
SM Prime Holdings Inc. is returning to the bond market to raise another P100 billion......»»
DOTr, SM Prime break ground for EDSA busway concourse
The Department of Transportation and SM Prime Holdings Inc. have started construction of the first of three busway concourses along EDSA, which the latter will fund......»»
SP New Energy suspension lifted after Solar Philippines donates another 220 million SPNEC shares
The PSE lifted the suspension that had affected SP New Energy shares since January 26 after SPNEC said that Solar Philippines Power Project Holdings Inc. had donated 220 million SPNEC shares to Asia Pacific Institute for Green Development on January 24, and that the donation had increased SPNEC’s public float [link] back above the 20% minimum threshold for active trading......»»
Megawide expands portfolio of 8990 projects
Infrastructure conglomerate Megawide Construction Corp. has completed another project for mass housing developer 8990 Holdings Inc......»»
Robinsons Retail core earnings slightly up in 2023
Core earnings of Gokongwei-owned Robinsons Retail Holdings Inc. increased by 0.6 percent to P5.59 billion in 2023......»»
Of senators and bilyonaryos
The buzz among some of the country’s billionaires these days is how Senator Raffy Tulfo called out tycoon Isidro “Sid” Consunji, chairman and CEO of DMCI Holdings Inc., for supposedly dozing off during a Senate hearing last week......»»