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Megaworld posts record financial outcome in 2023
Real estate giant Megaworld Corp. capped off 2023 with a record financial performance, posting a net income of P19.4 billion, 26 percent higher year-on-year......»»
Tallest Megaworld hotel to rise in Pasig
Real estate giant Megaworld is building the tallest hotel development in its portfolio - a 31-story structure inside the company’s 12.3-hectare ArcoVia City township along C5-Road in Pasig City......»»
Megaworld expands hotel presence in Palawan
Andrew Tan led-Megaworld is expanding its hotel footprint in Palawan......»»
Nikon acquires Red Digital Cinema, enters professional video market
Nikon Acquires Red Digital Cinema to Enter Professional Digital Cinema Camera Market In a strategic move to expand into the professional digital cinema camera market,.....»»
AREIT acquires Seda LIO
AREIT acquires Seda LIO.....»»
MREIT income climbs in 2023
MREIT Inc., the real estate investment trust company of Andrew Tan-led Megaworld Corp., reported a 13 percent expansion in distributable income to P2.8 billion last year......»»
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......»»
Stonebridge acquires P500 million shares in RCI
Stonebridge Corp. has purchased 250 million shares or approximately nine percent of Roxas and Co. Inc. for P500 million......»»
UP acquires Gilas Youth standout Jacob Bayla
The University of the Philippines Fighting Maroons shored up their frontline after securing the commitment of former Gilas Pilipinas youth standout Jacob Bayla......»»
Leviste acquires 8.5% stake of ABS-CBN
Entrepreneur Leandro Leviste, founder of renewable energy firm Solar Philippines, purchased P76.5 million worth of shares of ABS-CBN Corp. or 8.5% of the network......»»
DMCI Holdings acquires Cemex PH parent company for $305.6-M
DMCI Holdings [DMC 10.86 ?0.7%; 52% avgVol] [link] and Semirara Mining and Power [SCC 32.50 ?0.8%; 22% avgVol] acquired Cemex Asian South East Corp (CASEC), the parent company of Cemex Philippines [CHP 1.36 ?28.4%; 267% avgVol], in a deal worth $305.6 million (~P17.6 billion)......»»
Producers Savings Bank acquires Leyte rural bank
Producers Savings Bank Corp. has completed its merger with one more rural bank, bolstering the bank’s assets and profit growth via its branch network expansion......»»
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......»»
Balai Ni Fruitas acquires Sugarhouse
Balai Ni Fruitas, a subsidiary of the Lester Yu-controlled Fruitas, disclosed that it will acquire the bakeshop Sugarhouse in a deal that is scheduled to close by the end of the month......»»
GSIS acquires more shares in RCR
State-run pension fund Government Service Insurance System has raised its stake in the real estate investment trust of Gokongwei-led Robinsons Land Corp. over the past two months, bringing it to nearly 8.2 percent......»»
Rain or Shine receives 1st-round picks as PBA approves Nambatac trade
Rain or Shine lets go of Rey Nambatac as it acquires a pair of first-round picks from Blackwater.....»»
Choco Mucho acquires Tubino
Choco Mucho plucked veteran Royse Tubino recently, hoping that the former Army standout would be the last piece of the championship puzzle the franchise has long sought for in the Premier Volleyball League......»»
PNP acquires P485 million guns, mobility assets
The Philippine National Police has procured firearms and mobility equipment amounting to P485 million......»»
MVP Group dominates 20th Philippine Quill Awards
It was a triumphant night for the MVP Group of Companies, encompassing leading entities such as Light Rail Manila Corp., Manila Electric Co., Maynilad Water Services Inc., PLDT, Smart Communications Inc., Makati Medical Center, Maya, Metro Pacific Dumaguete Water Services Inc., Metro Pacific Tollways South Management Corp., Metro Pacific Investments Corp., Meralco – One Meralco Foundation and Metro Pacific Investments Foundation, as its member companies secured a staggering total of 87 awards at the 20th Philippine Quill Awards, organized by the International Association of Business Communicators......»»
PLDT, Smart ramp up cloud initiatives
Telco giant PLDT Inc. and its wireless unit Smart Communications Inc. are bolstering their cloud initiatives with the establishment of the cloud center of excellence......»»