Semiconductor chips are seen on a circuit board of a computer in this illustration picture taken on Feb. 25, 2022. — REUTERS/FLORENCE LO/ILLUSTRATIONBy Justine Irish D. Tabile, ReporterTHE Semiconductor and Electronics Industries in the Philippines Foundation, Inc. (SEIPI) is seeking government support for the sector

PRIMEWATERCORP.COMHONG KONG — Metro Pacific Investments Corp. (MPIC) has started evaluating the potential acquisition of Villar-led PrimeWater Infrastructure Corp., as it reviews the company’s operations and financials.“We signed the NDA (non-disclosure agreement) with them. They have opened up the data room to us. We are

ACEN Corp., the energy platform of the conglomerate Ayala group, operates across a diverse range of markets, including the Philippines, Australia, Vietnam, India, Indonesia, Laos, and the US. — ACENRENEWABLES.COMACEN CORP., the listed energy platform of the Ayala group, plans to allocate more than P80

BW FILE PHOTOVILLAR LAND Holdings Corp. has set the final audited fair value of its newly acquired properties at P52.74 billion, according to its 2024 annual report filed with the Securities and Exchange Commission (SEC), sharply lower than an earlier estimate of P1.33 trillion that

MAYNILADFOLLOWING its stock market debut, Maynilad Water Services, Inc. reported a 16% increase in third-quarter (Q3) net income to P3.9 billion, driven by higher revenues.Revenues for the quarter rose 8.4% year on year to P9.30 billion, reflecting a tariff increase, according to the company’s financial

https://www.jgsummit.com.ph/iJG SUMMIT Holdings, Inc. posted a core net income of P4.6 billion for the third quarter (Q3), up from P2.1 billion a year earlier, supported by gains in its airline, real estate, and food businesses, as well as reduced losses from its idle petrochemical plant.“We

AYALALAND.COM.PHAYALA CORP. booked a 96.16% increase in its third-quarter (Q3) attributable net income to P22.91 billion, up from P11.68 billion a year earlier.In a statement on Thursday, the listed conglomerate said core net income went up 4% year on year to P12.8 billion, fueled by

TO celebrate turning 60, Raymond Lauchengco is showing his gratitude to all those who have supported him throughout the years with a grand birthday concert, a heartfelt new song, and a book featuring his stories and art-works.As a 1980s matinee idol best known for the

PANGILINAN-LED Metro Pacific Tollways Corp. (MPTC) has secured approval from the Securities and Exchange Commission (SEC) for its P15-billion fixed-rate bond offering.In a media release on Thursday, the tollways arm of Metro Pacific Investments Corp. (MPIC) said it had received pre-effective approval from the corporate

PHILSTAR FILE PHOTOPHILIPPINE BANKS may see strong demand for loans until next year as the economy remains strong and as borrowing costs continue to go down amid manageable inflation, S&P Global Ratings said.“Credit growth should stay robust,” S&P Global Primary Credit Analyst Nikita Anand said

BW FILE PHOTOBANK of the Philippine Islands (BPI) is looking to sustain its loan growth at the mid-teens range next year as it continues to expand its consumer lending business.“We’re hoping that next year, we’ll grow probably 12-13%. Depends on the economy. Outstanding loan volumes

PHILIPPINEAIRLINES.COM FLAG CARRIER Philippine Airlines (PAL) is further expanding its US routes as the airline is set to increase its flagship flights between Manila and Los Angeles by next year.“By increasing our capacity on this key route, we are opening doors for travelers to experience