Monday, 1 July 2024
6 days ago
Nasdaq listing plans of DoubleDragon's Hotel101 Global gather steam
DoubleDragon Corp. is preparing for a groundbreaking Nasdaq listing for its Hotel101 Global brand, marking a significant milestone in its international expansion strategy.
13 May 2024
9:58AM
Kevin Tan-led MREIT expands portfolio with P13.15 billion acquisition of 6 office projects
By: Miguel R. Camus
Tycoon Kevin Tan-led MREIT Inc. announced plans to buy six office properties worth P13.15 billion from parent firm Megaworld Corp. This will upsize its portfolio by 48 percent to 482,000 square meters.
9 May 2024
5:43PM
Sy-led Dominion Holdings reports 30% profit jump in Q1
By: Miguel R. Camus
Sy family-led Dominion Holdings, formerly BDO Leasing and Finance, reported a 30 percent net income spike to P75.9 million during the first quarter of the year.
8 May 2024
3:56PM
Gokongwei family conglomerate JG Summit Holdings’ profits soar on bank merger, airlines and property
By: Miguel R. Camus
JG Summit Holdings, Inc. (JGS) reported a dramatic increase in its net income during the first quarter of the year, which hit P11 billion, more than double its profit in the same period of 2023.
8 May 2024
12:20PM
Sy’s SM Investments “cautiously optimistic” on steady first quarter profits
By: Miguel R. Camus
Resilient consumer spending during the first quarter of 2024 pushed up profits of the Sy family conglomerate SM Investments Corp. by 6 percent to P18.4 billion, while total revenues grew 4 percent to P144 billion.
8 May 2024
10:03AM
DMCI records 25% earnings decline in first quarter
By: Miguel R. Camus
Consunji family-led DMCI Holdings Inc. saw a 25 percent decrease in net income to P5.6 billion during the first quarter of the year due to the weaker performance of its major businesses.
6 May 2024
3:59PM
SM Prime Holdings reports robust earnings growth in Q1 2024
By: Miguel R. Camus
The Sy family-led property giant SM Prime Holdings Inc. booked a profit of P10.5 billion during the first quarter of the year, an 11 percent increase that was driven by the strong performance of its business units.
27 Apr 2024
2:11PM
Gaisano’s Metro Retail Stores Group expands in the Visayas
By: Miguel R. Camus
The Gaisano family-led Metro Retail Stores Group is expanding its footprint, breaking ground on four new supermarkets in Cebu and Leyte.
25 Apr 2024
2:03PM
Ramon Garcia Jr. takes aim, uses armaments firm to upsize DFNN stake
By: Miguel R. Camus
Businessman Ramon Garcia Jr. further cemented his position as the single-largest stockholder of DFNN Inc. after acquiring a substantial number of shares during the company’s P450 million private share sale.
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