Business

Celebrating Your Super Mom at SM

Discover a million ways to love and celebrate Mom. To make this year’s Mother’s Day extra special, a variety of activities are in store as moms take center stage at your favorite SM malls nationwide until May 14.  Offer a prayer of thanks for mom Start the day with a prayer of thanks and a special blessing of all moms …

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AC Health unveils Healthway Medical Network, integrating its clinics and hospitals to provide a holistic approach to healthcare

Ceremonial signage lighting at Healthway QualiMed Santa Rosa is the first in a series of events celebrating the launch of the new Healthway Medical Network Ayala Healthcare Holdings Inc. (AC Health) launches Healthway Medical Network (HMN), marking the integration of all its hospitals and clinics under the Healthway brand. With the promise to deliver “Care Beyond Cure,” Healthway Medical Network …

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Bloomberry’s Q1 2023 Net Income Up 338% YoY, Exceeds Pre-Pandemic Levels

Bloomberry Resorts Corporation (“Bloomberry”, “the Company”), whose subsidiaries own and operate Solaire Resort Entertainment City (Solaire) and Jeju Sun Hotel & Casino (Jeju Sun), reported unaudited consolidated financial results for the three months ended March 31, 2023.  Enrique K. Razon Jr., Bloomberry Chairman and CEO, said, “During the first quarter of 2023, Bloomberry delivered an outstanding set of results. Solaire’s …

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InLife trustees and top execs pay courtesy call to new Insurance Commissioner

Insular Life (InLife) trustees and top executives recently made a courtesy call to the newly-appointed Insurance Commissioner, Atty. Reynaldo A. Regalado (center). The InLife delegation was led by Executive Chairperson Nina D. Aguas (2nd from left). With her were (from left) InLife Trustee Luis Y. Benitez, InLife Trustee and Insular Health Care President and CEO Maria Noemi G. Azura, and …

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ICTSI 1Q 2023 Net Income up 9% to US$154.61M

Enrique K. Razon, Jr., ICTSI Chairman and President said:  “I am pleased to report on a strong first quarter of the year which saw ICTSI delivering an increase in throughput of nine percent to 3.10 million TEUs, revenue of US$572.25 million up eight percent and EBITDA of US$354.20 million up five percent against the previous year.  Pleasingly our net income …

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RCBC is PH’s back-to-back Best Trade Finance Bank, and 3-Peat for Best Cash Management Bank

The Rizal Commercial Banking Corp. (RCBC) was named the Best Trade Finance Bank for the third consecutive year, and the Best Cash Management Bank for the second straight year. The recognition was declared at the Global Banking and Finance (GBAF) awards, organized by the United Kingdom-based Global Banking & Finance Review. The GBAF awards recognize the global financial community’s innovation, …

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“Eurotel Hosts Successful Easter Egg Hunt Event Across 4 Branches

Eurotel, a popular hotel chain in the Philippines, organized an Easter egg hunt event for kids and families The event was held simultaneously at four different Eurotel branches in Las Piñas, Makati, and North Edsa and Vivaldi-Cubao, with a total of 500 participants. Eurotel is known for its convenient locations, modern amenities, and reasonable rates. The Easter egg hunt event …

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Fruitas grows 2022 revenues by 63% versus 2021 and delivers Php221 million of shareholder value in 2022

Fruitas Holdings Inc., leading food and beverage store operator traded on the Philippine Stock Exchange under symbol FRUIT, registered Php1,799 million in revenue, a 63% increase from Php1,102 million in 2021.  The revenue increase was driven by strong same-store sales growth.  Despite having just over 770 stores as of end-2022, compared to more than 1,000 stores as of end-2019, FRUIT …

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BSP’s 1000-Piso polymer banknote wins Banknote of the Year Award

The 1000-Piso polymer banknote of the Bangko Sentral ng Pilipinas (BSP) won the International Banknote Society’s (IBNS) “Banknote of the Year Award” for 2022. The 1000-Piso polymer is the first Philippine banknote to win the award. It won over banknote finalists from Algeria, Barbados, Egypt, Northern Ireland, and Scotland. In announcing the award, the IBNS said: “The Philippines’ successful design …

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Lucio Tan Group Records Highest Net Income in a Decade as Lucio Tan III Assumes Presidency

After a year-long leadership transition period, Lucio Tan III has officially taken over as president of the Lucio Tan Group (LTG). During the transition, he shared decision making responsibilities for business and operational matters with his uncle, Michael Tan, who had been president of LTG since 2010. The group ended 2022 with a PhP25.1 billion attributable net income, which is …

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