Filinvest Land Optimizes Inventory, Strengthens Balance Sheet by Php 4.1 Billion
Filinvest Land, Inc. has successfully reduced its unsold residential inventory by Php 4.1 billion, bolstered by record sales of Php 1.7 billion in Ready-for-Occupancy (RFO) units. This strategic inventory optimization enhances the company's financial position and liquidity, supporting its growth initiatives.
PLDT Inc. Releases Combined 2025 Annual and Sustainability Report
PLDT Inc. has published its Annual and Sustainability Report for the fiscal year ended December 31, 2025. The report highlights the company's financial performance, ESG initiatives, and strategic focus on transitioning from a telecommunications to a technology company.
Manulife Financial Corporation Announces Dividend Rates for Series 3 and Series 4 Preferred Shares
Manulife Financial Corporation has announced the dividend rates for its Non-cumulative Rate Reset Class 1 Shares Series 3 and Non-cumulative Floating Rate Class 1 Shares Series 4. The fixed dividend rate for Series 3 is set at 4.64000% per annum, while Series 4 will have a floating rate of 0.94092% for the upcoming quarter.
Philippine National Bank Declares Special Dividend of P1.10 Alongside 20% Regular Dividend
Philippine National Bank has announced a special dividend of P1.10 per share in addition to its regular dividend payout of 20%. This is significant as it indicates the bank's strong financial position and commitment to returning value to shareholders.
7-Eleven Philippines Partners with ACEN RES for 100% Renewable Energy Supply
7-Eleven Philippines has transitioned 1,450 stores to 100% renewable energy through an agreement with ACEN RES, making it the largest retail network in the country to participate in the Retail Aggregation Program. This partnership aligns with sustainability goals and aims to enhance resilience against energy market volatility.
Global Ferronickel Holdings, Inc. Reports 169.6% Increase in Q1 2026 Net Income
Global Ferronickel Holdings, Inc. reported a significant increase in net income for Q1 2026, climbing 169.6% to ₱478 million, driven by higher revenues and improved nickel ore prices. The company also saw a 36.4% rise in mining revenues, indicating strong operational performance.
Megawide Construction Corporation Reports 26% Increase in Net Income for 1Q2026
Megawide Construction Corporation announced a consolidated net income of Php265 million for the first quarter of 2026, a 26% increase from the previous year. The company also reduced its short-term debt by Php6.0 billion, improving its financial position amidst ongoing challenges from the Middle East crisis.
Global Ferronickel Holdings Reports 91.1% Increase in FY2025 Net Income
Global Ferronickel Holdings, Inc. reported a significant increase in net income for FY2025, rising 91.1% to ₱1.422 billion, driven by stronger nickel ore prices and increased revenues. This performance reflects the company's operational resilience and strategic focus on low-grade ore shipments amidst challenging weather conditions.
Alliance Global Group Reports 1Q 2026 Net Income of P7.8B, Up 6%
Alliance Global Group, Inc. reported a net income of P7.8 billion for the first quarter of 2026, reflecting a 6% increase from the previous year's normalized profit. Consolidated revenues reached P42.2 billion, up 1%, driven by growth in residential, leasing, hospitality, and spirits sectors.
Filinvest Land Reports 62% Surge in Residential Sales Reservations for March 2026
Filinvest Land, Inc. reported a 62% increase in residential sales reservations for March 2026, totaling Php 2.7 billion. This growth is attributed to strong demand in key regional hubs, indicating a positive trend in the company's residential market performance.
Robinsons Land and AIHC Break Ground on New FedEx Logistics Facility
Robinsons Land Corporation and Asian Infrastructure Holdings Corp. have commenced construction on a logistics facility for FedEx at Clark International Airport. This development is part of their joint venture, RL Clark Logistix, Inc.
Emperador Inc. Reports Php13.3 Billion in Revenues and Php1.9 Billion in Net Profit for Q1 2026
Emperador Inc. announced solid financial results for the first quarter of 2026, achieving revenues of Php13.3 billion and a net profit of Php1.9 billion, reflecting a year-on-year growth of 6% in brandy and whisky sales. The company attributes its performance to strong consumer demand and effective cost management despite ongoing global economic challenges.
SM Prime Achieves 100% Occupancy at Clark Tech Hub, Announces 11th Tower Development
SM Offices has reached a 100% occupancy rate at its Clark Tech Hub, which spans over 100,000 square meters across 10 towers. The company is also developing an 11th tower that will add approximately 20,000 square meters of leasable space, indicating strong demand for commercial spaces in the area.
Megaworld Corporation to Open Six New Hotels in the Next Three Years
Megaworld Corporation announced plans to open six new hotels across key tourism destinations in the Philippines within the next three years, adding close to 2,000 hotel rooms to its portfolio. This expansion aims to support the country's tourism sector and enhance Megaworld's position as a leading hotel developer.
ACEN-Silverwolf and Ocean Sun Sign MoU for Floating Solar Deployment
ACEN-Silverwolf has signed a non-binding memorandum of understanding with Ocean Sun to accelerate the deployment of floating solar technology in Asia. This collaboration aims to leverage Ocean Sun's patented technology and ACEN-Silverwolf's regional project development experience.
Global Ferronickel Holdings, Inc. Reports 169.9% Increase in Q1 2026 Net Income
Global Ferronickel Holdings, Inc. announced a significant increase in net income for Q1 2026, climbing 169.9% to ₱478 million. This growth was driven by higher revenues and improved nickel ore prices, indicating strong operational performance.
Top Line Business Development Corp. to Build Cebu Energy Complex and Triple Fuel Storage Capacity
Top Line Business Development Corp. has signed a sublease agreement for a 30-million-liter fuel depot in Cebu, significantly increasing its fuel storage capacity by approximately 300%. This development is part of a broader strategy to enhance energy security and support the company's expansion in the Visayas region.
DoubleDragon's Hotel101-Madrid Achieves 100% Occupancy with Record Revenue
DoubleDragon Corporation's Hotel101-Madrid reached 100% occupancy on May 19, 2026, generating over €100,000 (approx Php 7.18 Million) in single-day recurring room revenues. This milestone highlights strong demand for the property and supports the company's international expansion strategy.
Century Properties Group Reports Q1 2026 Financial Results
Century Properties Group, Inc. reported a 5% increase in EBITDA to Php1.04 billion for Q1 2026, driven by improved margins. However, net income after tax decreased by 6% to Php446 million due to higher interest expenses and taxes.
Rockwell Land Reports 67% Increase in Net Income in Q1 of 2026
Rockwell Land Corporation reported a significant increase in net income for Q1 2026, with a 67% rise to Php 1.29 billion compared to the same period last year. This growth was driven by a 45% increase in consolidated revenues, indicating strong performance across its core business segments.
