Conglomerates

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Monday, 18 May 2026
3 days ago

SMC power, food units offset fuel volatility, Q1 operating profit soars 31%

Conglomerate San Miguel Corp. (SMC) said consumer demand and infrastructure activity remained resilient in the first quarter even as fuel volatility and global tensions continued reshaping operating conditions across industries.
3 days ago

GT Capital weathers fuel shocks as banks, infra cushion Q1 slowdown

The Ty family conglomerate GT Capital Holdings Inc. saw first quarter earnings soften as weaker consumer spending, rising fuel costs and foreign exchange volatility weighed on its automotive and property businesses amid a broader economic slowdown.
4 days ago

Lopez majority withdraws bid to remove 'Piki' as CEO

The 71 percent majority bloc of Lopez Inc. has withdrawn its Feb. 27 resolution removing Federico “Piki” Lopez as president and chief executive officer, reopening the door for talks among members of one of the Philippines’ most prominent business families.
ABS-CBN says Piki Lopez’s public attacks are hurting recovery efforts
8 May 2026
4:52PM
Boardroom war averted: SEC allows Lopez holding firm to meet without elections
8 May 2026
3:07PM
ABS-CBN undertaker to caretaker? Piki Lopez seeks SEC role in ongoing feud
7 May 2026
8:38PM
5 days ago

JG Summit turns cautious as Q1 fuel, forex pressures test consumer momentum

Gokongwei family-led conglomerate JG Summit Holdings is shifting into defense mode as rising fuel prices, peso weakness and geopolitical tensions begin pressuring margins across the Gokongwei group.
6 days ago

DMCI prepares for tougher 2026 but sees strength in mining, power

The Consunij family-led conglomerate DMCI Holdings sees mining and off-grid power emerging as key buffers against a tougher 2026 as Middle East tensions threaten to raise fuel costs and slow parts of the economy.
6 days ago

LT Group Q1 profit growth slows as consumer businesses face pressure

Taipan Lucio Tan’s LT Group Inc. posted slower first quarter profit growth as the Lucio Tan-led conglomerate leaned on banking earnings and price hikes to offset mounting pressure across parts of its consumer businesses.
7 days ago

Ayala diversifies borrowing with P6-B Singapore dollar loan

Ayala Corp., the country’s oldest conglomerate, is hedging its bets on the Singapore dollar as currency volatility pushes Philippine conglomerates to diversify beyond traditional US dollar funding.
8 May 2026
11:16AM

Cosco Capital sees Q1 profit jumps despite weaker power business

Tycoon Lucio Co-led Cosco Capital posted a strong first quarter as booming grocery sales and recovering consumer spending pushed earnings close to the P4.5 billion mark despite weakness in its power and minerals business.
6 May 2026
11:40PM

Lucio Tan III takes center stage as LT Group navigates volatile 2026

Lucio Tan III is entering his fourth year at the helm of LT Group Inc. during what could become one of the conglomerate’s toughest tests, as price shocks and soaring inflation threaten its sprawling consumer-focused portfolio.
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