Megaworld 9-mo profits up 16% to 15.7B, eyes more expansion to the provinces

Megaworld 9-mo profits up 16% to 15.7B, eyes more expansion to the provinces

Megaworld Sees Robust Growth Across All Business Segments in 2024 Megaworld Corporation reported strong growth in its nine-month and third-quarter results for 2024, with double-digit increases in income and revenues across residential, leasing, and hotel segments, solidifying its leadership in township development. Megaworld, the country’s pioneer builder of townships, reports a strong nine-month…
SM Group leads the way in sustainable development with 7 LEED Gold Certifications

SM Group leads the way in sustainable development with 7 LEED Gold Certifications

Reinforcing its commitment to sustainability and disaster resilience SM Prime Holdings, Inc. has secured LEED Gold certification for seven of its properties as of 2024, highlighting its dedication to sustainable development and climate action through green building standards. PASAY CITY, Philippines –The SM group’s property arm, SM Prime Holdings, Inc., has completed LEED Gold…
Shell announces USD 6 billion profits as PH mourns victims of Severe Tropical Storm Trami

Shell announces USD 6 billion profits as PH mourns victims of Severe Tropical Storm Trami

Greenpeace Urges Accountability as Philippines Mourns Victims of Severe Tropical Storm Trami On the national day of mourning for victims of Severe Tropical Storm Trami, Greenpeace has called on President Marcos Jr. to demand payment for loss and damages from major polluters like Shell, whose recent quarterly profits reached $6.02 billion amidst devastating…
URC Brands are Still Top Picks Among Filipino Homes

URC Brands are Still Top Picks Among Filipino Homes

Six brands made by food and beverage firm Universal Robina Corp. (URC) are still among the top choices among millions of Filipino households, according to brand consulting firm Kantar Group’s Brand Footprint report. Three of these brands – C2, Nissin and Cream All – rose in rankings in the yearly study. Great Taste is among…
Itodo ang holiday shopping with Home Credit’s Todo Pasko deals

Itodo ang holiday shopping with Home Credit’s Todo Pasko deals

The holiday season holds a special place in the hearts of us Filipinos. It is a time for sharing love and appreciation with family and loved ones. As the season draws near, many of us diligently save up to make it truly memorable, showering our loved ones with thoughtful gifts. However, life often…
Petron registers higher revenues and sales volume amid market challenges

Petron registers higher revenues and sales volume amid market challenges

Petron Corporation Sustains Revenue Growth Petron Corporation achieved robust revenue growth in the first nine months of 2024, driven by increased sales volumes despite international market pressures. Petron Corporation continued to report strong revenues in the first nine months of the year despite challenges in the international oil market. Consolidated revenues grew 12%…
Chinabank hits record P18.4B net income in nine months

Chinabank hits record P18.4B net income in nine months

Achieves record-breaking profits on the back of robust core business growth Chinabank reports P18.4 billion in net income for January to September 2024, reflecting a 13% increase fueled by strong lending and strategic focus. Chinabank (PSE stock symbol: CBC) booked record earnings from January to September 2024 on the back of sustained strong…
Sun Life expands nationwide presence with opening of new branch in Davao

Sun Life expands nationwide presence with opening of new branch in Davao

Sun Life Strengthens Davao Presence with New Grand Elm Business Office Sun Life Philippines opens its third Davao branch to provide financial solutions and career opportunities, further expanding its reach in the region. Sun Life of Canada (Philippines), Inc. recently opened its third New Business Office (NBO) in Davao called the Grand Elm…
Ayala and Mitsubishi strengthen strategic partnership

Ayala and Mitsubishi strengthen strategic partnership

Ayala Sells 50% of AC Ventures to Mitsubishi, Bolstering Mynt’s Growth Potential Ayala Corporation is set to sell half of AC Ventures to Mitsubishi Corporation, positioning Mynt, the parent company of GCash, for expanded growth and international reach. MANILA – Ayala Corporation (Ayala), which owns 100% of AC Ventures Holding Corp. (ACV), has agreed…