Lucio Tan’s tobacco business suffers as excise taxes bite Philippine Morris Fortune Tobacco Corp., the joint venture between bilyonaryo Lucio Tan’s Fortune Tobacco Corp. and global giant Philip Morris, is set to continue feeling the impact of higher excise taxes.
Unopposed: Mike Tan’s allies sweep FFCCCII elections with Hapee’s Cecilio Pedro as new president Lamoiyan-Hapee president and CEO Cecilio Pedro won as the new president of the Federation of Filipino Chinese Chambers of Commerce and Industry Inc. (FFCCCII).
Boardroom drama: Top exec storms out of boardroom meeting after getting called out by bilyonaryo director for poor performance A recent boardroom meeting at a major blue chip company turned into a heated exchange between a top exec and one of the directors.
Holcim Philippines struggles with lower revenues and rising energy costs Cement giant Holcim Philippines’ net income dropped by 63 percent to P941.8 million in the past year, mainly due to reduced sales and increased production costs.
Sy-blings reward SM Prime’s top executives with 13% hike in pay, perks for fantastic effort in 2022 SM Prime Holdings (SMPH) gave a P76 million hike in salaries and bonuses last year to its top management led by its president Jeffrey C. Lim.
Boardroom drama: Top exec storms out of boardroom meeting after getting called out by bilyonaryo director for poor performance
Higher electricity sales push up earnings of Lopez-led FirstGen Lopez-led renewable energy firm First Gen Corp. reported a five percent increase in recurring net income to $265 million (P14.3 billion) in 2022.
When trial turns to error: UnionBank sends wrong mass email Someone from UnionBank’s tech team probably got an earful because of this booboo.
Unopposed: Mike Tan’s allies sweep FFCCCII elections with Hapee’s Cecilio Pedro as new president Lamoiyan-Hapee president and CEO Cecilio Pedro won as the new president of the Federation of Filipino Chinese Chambers of Commerce and Industry Inc. (FFCCCII).
Sy-blings property arm to raise P35 billion from bond sale SM Prime Holdings Inc. of the Sy family plans to raise up to P35 billion from the offering of fixed-rate bonds.
Hindy Weber Tantoco sends heartfelt birthday greetings to son Bjorn on Instagram Hindy Weber Tantoco celebrated her son Bjorn’s special day by sharing a nostalgic film photo on her Instagram account. Read More »
IMF chief warns risks to financial stability have increased International Monetary Fund chief Kristalina Georgieva warned on Sunday that risks to financial stability had increased and stressed “the need for vigilance” following the recent turmoil in the banking sector. Read More »
The sound of Music mesmerizes Chris Tiu and family Chris Tiu creates a lasting memory with his children by taking them to their first-ever musical, The Sound of Music. Read More »
Lucio Tan’s tobacco business suffers as excise taxes bite Philippine Morris Fortune Tobacco Corp., the joint venture between bilyonaryo Lucio Tan’s Fortune Tobacco Corp. and global giant Philip Morris, is set to continue feeling the impact of higher excise taxes. Read More »
Unopposed: Mike Tan’s allies sweep FFCCCII elections with Hapee’s Cecilio Pedro as new president Lamoiyan-Hapee president and CEO Cecilio Pedro won as the new president of the Federation of Filipino Chinese Chambers of Commerce and Industry Inc. (FFCCCII). Read More »
Boardroom drama: Top exec storms out of boardroom meeting after getting called out by bilyonaryo director for poor performance A recent boardroom meeting at a major blue chip company turned into a heated exchange between a top exec and one of the directors. Read More »
Who’s Who at ART SG January 12, 2023 Art SG kicked off today with art world legends and collectors showing up with extra vigor after a two-year delay due to the pandemic. Read More »
