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TCL reigns supreme as the No. 1 Panel TV brand in the Philippines
TCL’s mission is to bring exceptionally good and technologically updated products to the home of every Filipino, making sure that there is a right product for every person from its product portfolio that is easy on each Filipino’s pocket......»»
Mega Prime acquires Jimm’s Coffee Mix
Canned sardines maker Mega Prime Foods Inc. is adding coffee in its product portfolio with the acquisition of select assets of Goldshine Pharmaceuticals Inc., the company behind Jimm’s Coffee Mix products......»»
Megaworld earmarks P55 billion for 2024 capex
Real estate giant Megaworld Corp. is spending P55 billion for capital expenditures this year to further bolster its expansive portfolio......»»
Banks to ramp up lending to agriculture sector
Banks are looking to increase lending to the agriculture sector this year amid better economic conditions, higher demand for agricultural loans and consolidation of government programs that would boost banks’ agricultural loan portfolio......»»
Goldilocks rolling out 30 franchise-owned stores
Goldilocks Bakeshop Inc., part of the SM group’s portfolio investments, is rolling out an additional 30 franchise-owned stores this year as it continues to drive expansion through partnerships......»»
AboitizPower earnings rise 4 percent to P7.9 billion in Q1
Aboitiz Power Corp. hiked its net income by four percent in the first quarter to P7.9 billion due to higher generation portfolio margins......»»
Metrobank profit rises by 14 percent to P12 billion in Q1
Earnings of Metropolitan Bank & Trust Co. went up by 14 percent to P12.1 billion in the first quarter from P10.6 billion in the same quarter last year, largely due to the consistent growth of its lending portfolio, better operational efficiencies as well as stable asset quality......»»
Balai acquires Sugarhouse
Listed bakery operator Balai ni Fruitas Inc. is beefing up its portfolio with the addition of the 40-year-old legacy brand Sugarhouse......»»
AboitizPower eyes additional 1200 MW of renewable energy
Aboitiz Power Corp. is planning to develop mostly solar and wind power plants in the country as part of efforts to boost its renewable energy portfolio to about 1200 megawatts......»»
CREIT income rises to P1.4 billion in 2023
Robust revenues driven by its green asset portfolio expansion boosted earnings of Citicore Energy REIT Corp. by 12 percent to P1.4 billion in 2023......»»
DMCI Homes earmarks P16 billion for capex in 2024
DMCI Homes, the property development arm of the Consunji Group, is allocating around P16 billion in capital expenditures this year to expand its portfolio......»»
Belle to start P5.3 billion tender for PLC shares
Belle Corp., one of the portfolio investments of the Sy family’s SM Investments Corp., will start tomorrow its P5.3 billion tender offer to buy out the minority shareholders of subsidiary Premium Leisure Corp. , which will result in the latter’s delisting from the Philippine Stock Exchange......»»
ACEN, BrightNight partner anew for renewable energy
ACEN, the Ayala Group’s listed energy company, has partnered with US-based BrightNight for the development, construction and operation of an initial one gigawatt renewable energy portfolio in the Philippines......»»
EastWest Bank profit hits P6.1 billion
Gotianun-led EastWest Banking Corp. saw its net income jump by 32 percent to P6.1 billion in 2023 from P4.6 billion in 2022 on the back of double-digit growth in loan portfolio and stable funding sources......»»
SM conglomerate optimistic on growth prospects for 2024
Conglomerate SM Investments Corp. of the Sy family is cautiously optimistic for 2024, but remains committed to stay on growth mode after solid contributions from its core businesses and higher earnings contribution from portfolio investments, which lifted earnings by a quarter to P77 billion in 2023......»»
South Korea’s Yoon, Meta’s Zuckerberg discuss AI, digital ecosystems
South Korean President Yoon Suk-yeol says its portfolio of smart home appliances, wearable devices, and smart cars offered a good platform for Meta's AI technology.....»»
SM Investments FY23 net income up 25% to P77-B
SM Investments teased its FY23 results with a headline 25% improvement in its net income to P77.0 billion, backed by an 11% increase in consolidated revenues and strong performances across its portfolio, particularly in the banking and property development segments......»»
GCash says IPO not yet a priority
E-wallet pioneer GCash is in no hurry to go public anytime soon, as it wants to prioritize the growth of its portfolio with the app expanding abroad......»»
MPIC to pursue buyout of Ayala stake in LRT-1
Metro Pacific Investments Corp. plans to buy out the 35 percent stake of the Ayalas in the operator of Light Rail Transit Line 1 to beef up MPIC’s portfolio for its eventual bid for other railways......»»
Tagaytay Highlands expands lineup of premium residences
Tagaytay Highlands continues to diversify its portfolio of properties on offer with Highland Residences, a mid-rise condominium development specially crafted to embody mountain living ideals where indoor and outdoor adventures come together in one luxury address......»»