Thursday , 13 August 2026

Companies

ALI 2015 profit up 19% to P17.6B on strong sales

Ayala Land Inc. (ALI) reported a net income of P17.6 billion for last year, up by 19 percent on consolidated revenues of P107.2 billion which improved by 13 percent mainly attributable to growth drivers comprised of established and emerging estates.

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LT Group bolsters stake in VMC via P660-M deal

Conglomerate LT Group Inc. through its subsidiary Tanduay Holdings Inc. bought 131,863,677 shares or approximately 4.5 percent of the total outstanding and issued shares of Victorias Milling Corp.(VMC) worth P660 million.

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Security Bank gets multiple citations for good governance

Security Bank Corp. (SBC) has received multiple honors from Corporate Governance Asia for its high ethical business standards.

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BOI eyes inclusivity as part of government incentives policy

The Board of Investments (BOI) gathered last week representatives of various government agencies to generate insights and recommendations on the proposal to integrate inclusive business (IB) in government policies.

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Globe brings digital age to SMEs in Batangas City

As part of its commitment to help build a digital nation, Globe Telecom is expanding the reach of its nationwide digital solutions caravan for small and medium enterprises (SMEs) through its SME arm Globe myBusiness as it holds the 3rd Globe myBusiness Day in Batangas City.

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EU releases P156 million to aid typhoon, armed-strife victims

The European Commission is making available P156.34 million in humanitarian aid to assist people affected both by the aftermath of Typhoon Nona and the prolonged conflict in Mindanao.

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Unilab starts campaign to raise health literacy

Unilab Foundation Inc. has partnered with the Philippine Foundation for Science and Technology (PFST) to address the country’s health literacy gap through Health Science On the Go (HSOTG)–Traveling Science Centrum.

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Globe Telecom declares dividend of P22 per share

Globe Telecom said its board approved the declaration of a first quarter cash dividend of P22 per share for common shares.

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LRT Cavite extension project starts; P24-billion syndicated loan agreement inked

The end of the Light Rail Transit Line 1 (LRT-1) in Baclaran, Parañaque City, where the Cavite Extension line is supposed to start. The project is among those whose funding has been approved by the Neda but many now doubt if it would be finished before the term of President Aquino ends next year. ITOH SON

The Light Rail Manila Corp. (LRMC), led by conglomerate Metro Pacific Corp. of mogul Manny V. Pangilinan, has signed a loan facility worth P24 billion, along with an Engineering, Procurement and Construction (EPC) agreement for the project to extend the Light Rail Transit Line 1 (LRT-1) to Cavite province.

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Government inks Asean open-skies accords

The government ratified the two remaining protocols out of the six that, together, comprise a regional pact liberalizing air transportation in the Asean (Association of Southeast Asian Nations) Economic Community. On February 3, President Aquino signed Protocol 5 and Protocol 6 of the ASEAN Multilateral Agreement in Air Services (Maas), the Department of Transportation and Communications (DOTC) said in a …

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