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Category: Business

Signing set in August or September: MVP Group to own 65% stake in JV with Lopez family’s ABS-CBN

August 4, 2022

Bilyonaryo Manny V. Pangilinan has moved a step closer towards sealing a joint venture deal with Lopez-led ABS-CBN Corp. after more than a year of negotiations.

Read More »

Ricky Razon’s ICTSI delivers another strong performance; net income jumps 50% in first 6 months

August 4, 2022

International Container Terminal Services Inc. (ICTSI) of ultra bilyonaryo Enrique K. Razon Jr. grew its earnings by half in the first semester to $294.5 million as revenues from its global network of ports continued to pick up.

Read More »

SMC survives tough first semester; books P19.8B net income

August 4, 2022

Cost spikes, inflation and supply bottlenecks gnawed on San Miguel Corp.’s net earnings from January to June.

Read More »

World Balance scion Bren Chong claims drug smuggling charges false: I hope people who know me can tell the world what kind of person I am

August 4, 2022

Fugitive businessman Bren Chong has come out on Twitter to deny allegations that he is involved in the smuggling of P1.8 billion worth of shabu.

Read More »

Aboitiz Power-ful: Dennis Dela Serna could be next AP exec to snag plum energy post after DOE’s Lotilla, ERC’s Dimalanta

August 4, 2022

President Bongbong Marcos is seriously considering to pluck another top executive from Aboitiz Power (AP), chaired by his bilyonaryo BFF Sabin Aboitiz, to fill a key post in his energy cluster.

Read More »

SMIC keeps positive momentum going, thanks to revved up retail operations and steady growth in banking

August 3, 2022

Sy-blings’ holding firm SM Investments Corp. (SMIC) maintained its growth trajectory in the first six months with net income rising 27 percent to P25.5 billion amid an uptick in the consumer and retail sector.

Read More »

Revenues more than triple: Lucio Tan books back-to-back quarterly profits for the first time in 6 years

August 3, 2022

Philippine Airlines (PAL) of ultra bilyonaryo Lucio Tan is slowly flying out of turbulent skies.

Read More »

Strong growth in tollroad, power businesses buoy MPIC core earnings

August 3, 2022

Bilyonaryo Manny V. Pangilinan-led Metro Pacific Investments Corp. (MPIC) continued to benefit from the continued easing of Covid-19 restrictions as core earnings grew nearly a quarter in the first half of the year to P7.5 billion.

Read More »

Laglagan na! Tim Hortons’ Ricky Yap disowns ‘angel investor’ Bren Chong after World Balance scion got embroiled in drug smuggling case

August 3, 2022

The local franchise holder of Tim Hortons has denied any links to fugitive businessman Bernard “Bren Lu Chong after the World Balance heir was charged with drug smuggling.

Read More »

San Miguel’s food and beverage arm posts highest ever first half profit, revenue despite rising costs

August 3, 2022

San Miguel Food and Beverage Inc. (SMFB) delivered an all-time high performance in the first semester, with net income rising eight percent to a record P18.8 billion on robust growth across all its units.

Read More »

Consunji-led Semirara had a record first half but revenue growth is slowing

August 3, 2022

Semirara Mining and Power Corp. (SMPC) delivered a new all-time high performance in the first semester of the year, more than quadrupling its net income to P25.8 billion from only P6.3 billion.

Read More »

US sanctions Putin ‘girlfriend,’ more oligarchs for ‘complicity’ in Ukraine war

August 3, 2022

The United States blacklisted Russian President Vladimir Putin’s purported girlfriend and the tycoon owner of the second-largest estate in London Tuesday in the latest round of sanctions over the invasion of Ukraine.

Read More »

Good job!  SeC scores victory after US regulators file charges vs Forsage for $300M crypto pyramid scheme

August 3, 2022

The Securities and Exchange Commission has lauded the move of its US counterpart to charge 11 individuals for allegedly swindling investors worldwide, including the Philippines, of more than $300 million in a crypto pyramid scheme.

Read More »

Implementation long overdue: Sandro Marcos leads House push for one RFID policy on all expressways

August 3, 2022

Presidential son and Ilocos Norte Rep. Sandro Marcos is leading a move in the House of Representatives to consolidate the radio frequency identification (RFID) tags used on all Philippine expressways.

Read More »

Julian takes second board seat in father Martin Romualdez’s business empire

August 3, 2022

The Gen Z son of bilyonaryo Speaker Martin Romualdez has accepted another board seat in the family’s mining, media, and property empire.

Read More »

Dennis Valdes retires from Atok-Big Wedge as Bobby Ongpin firm makes big move to wind power

August 3, 2022

The nephew of ultra bilyonaryo Bobby Ongpin is stepping down from the board of Atok-Big Wedge (AB) after 13 years.

Read More »

Cavitex braces for 10% hike in traffic volume with return of face-to-face classes

August 2, 2022

Cavitex Infrastructure Corp. (CIC) expects a 10 percent increase in daily vehicle count at the Manila-Cavite Expressway (CAVITEX) with the resumption of face-to-face classes by November.

Read More »

Who will be axed from PSE Index? Ayalas, Andrew Tan, RSA have to increase public float of ACEN, Emperador, San Miguel before end-2022

August 2, 2022

Three blue chip companies are in danger of getting booted out of the Philippine Stock Exchange Index if they fail to increase their public float to at least 20 percent before the end of 2022.

Read More »
Page1 Page2 Page3 Page4 Page5

Signing set in August or September: MVP Group to own 65% stake in JV with Lopez family’s ABS-CBN

August 4, 2022

Bilyonaryo Manny V. Pangilinan has moved a step closer towards sealing a joint venture deal with Lopez-led ABS-CBN Corp. after more than a year of negotiations.

Read More »

Ricky Razon’s ICTSI delivers another strong performance; net income jumps 50% in first 6 months

August 4, 2022

International Container Terminal Services Inc. (ICTSI) of ultra bilyonaryo Enrique K. Razon Jr. grew its earnings by half in the first semester to $294.5 million as revenues from its global network of ports continued to pick up.

Read More »

SMC survives tough first semester; books P19.8B net income

August 4, 2022

Cost spikes, inflation and supply bottlenecks gnawed on San Miguel Corp.’s net earnings from January to June.

Read More »

World Balance scion Bren Chong claims drug smuggling charges false: I hope people who know me can tell the world what kind of person I am

August 4, 2022

Fugitive businessman Bren Chong has come out on Twitter to deny allegations that he is involved in the smuggling of P1.8 billion worth of shabu.

Read More »

Aboitiz Power-ful: Dennis Dela Serna could be next AP exec to snag plum energy post after DOE’s Lotilla, ERC’s Dimalanta

August 4, 2022

President Bongbong Marcos is seriously considering to pluck another top executive from Aboitiz Power (AP), chaired by his bilyonaryo BFF Sabin Aboitiz, to fill a key post in his energy cluster.

Read More »

SMIC keeps positive momentum going, thanks to revved up retail operations and steady growth in banking

August 3, 2022

Sy-blings’ holding firm SM Investments Corp. (SMIC) maintained its growth trajectory in the first six months with net income rising 27 percent to P25.5 billion amid an uptick in the consumer and retail sector.

Read More »

Revenues more than triple: Lucio Tan books back-to-back quarterly profits for the first time in 6 years

August 3, 2022

Philippine Airlines (PAL) of ultra bilyonaryo Lucio Tan is slowly flying out of turbulent skies.

Read More »

Strong growth in tollroad, power businesses buoy MPIC core earnings

August 3, 2022

Bilyonaryo Manny V. Pangilinan-led Metro Pacific Investments Corp. (MPIC) continued to benefit from the continued easing of Covid-19 restrictions as core earnings grew nearly a quarter in the first half of the year to P7.5 billion.

Read More »

Laglagan na! Tim Hortons’ Ricky Yap disowns ‘angel investor’ Bren Chong after World Balance scion got embroiled in drug smuggling case

August 3, 2022

The local franchise holder of Tim Hortons has denied any links to fugitive businessman Bernard “Bren Lu Chong after the World Balance heir was charged with drug smuggling.

Read More »

San Miguel’s food and beverage arm posts highest ever first half profit, revenue despite rising costs

August 3, 2022

San Miguel Food and Beverage Inc. (SMFB) delivered an all-time high performance in the first semester, with net income rising eight percent to a record P18.8 billion on robust growth across all its units.

Read More »

Consunji-led Semirara had a record first half but revenue growth is slowing

August 3, 2022

Semirara Mining and Power Corp. (SMPC) delivered a new all-time high performance in the first semester of the year, more than quadrupling its net income to P25.8 billion from only P6.3 billion.

Read More »

US sanctions Putin ‘girlfriend,’ more oligarchs for ‘complicity’ in Ukraine war

August 3, 2022

The United States blacklisted Russian President Vladimir Putin’s purported girlfriend and the tycoon owner of the second-largest estate in London Tuesday in the latest round of sanctions over the invasion of Ukraine.

Read More »

Good job!  SeC scores victory after US regulators file charges vs Forsage for $300M crypto pyramid scheme

August 3, 2022

The Securities and Exchange Commission has lauded the move of its US counterpart to charge 11 individuals for allegedly swindling investors worldwide, including the Philippines, of more than $300 million in a crypto pyramid scheme.

Read More »

Implementation long overdue: Sandro Marcos leads House push for one RFID policy on all expressways

August 3, 2022

Presidential son and Ilocos Norte Rep. Sandro Marcos is leading a move in the House of Representatives to consolidate the radio frequency identification (RFID) tags used on all Philippine expressways.

Read More »

Julian takes second board seat in father Martin Romualdez’s business empire

August 3, 2022

The Gen Z son of bilyonaryo Speaker Martin Romualdez has accepted another board seat in the family’s mining, media, and property empire.

Read More »

Dennis Valdes retires from Atok-Big Wedge as Bobby Ongpin firm makes big move to wind power

August 3, 2022

The nephew of ultra bilyonaryo Bobby Ongpin is stepping down from the board of Atok-Big Wedge (AB) after 13 years.

Read More »

Cavitex braces for 10% hike in traffic volume with return of face-to-face classes

August 2, 2022

Cavitex Infrastructure Corp. (CIC) expects a 10 percent increase in daily vehicle count at the Manila-Cavite Expressway (CAVITEX) with the resumption of face-to-face classes by November.

Read More »

Who will be axed from PSE Index? Ayalas, Andrew Tan, RSA have to increase public float of ACEN, Emperador, San Miguel before end-2022

August 2, 2022

Three blue chip companies are in danger of getting booted out of the Philippine Stock Exchange Index if they fail to increase their public float to at least 20 percent before the end of 2022.

Read More »
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PrevCategory: BusinessRobina Gokongwei taps ex-Pilipinas Shell boss Romero as Robinsons Retail director as Antonio Go exits after 9 years
NextRobina Gokongwei Pe’s Robinsons Retail posts blowout Q2 as shoppers return to pre-pandemic habitsNext

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