The Bangko Sentral ng Pilipinas (BSP) head office in Manila has earned a prestigious 4-star sustainability certification under the Philippine Green Building Council’s (PhilGBC) “Building for Ecologically Responsive Design Excellence” (BERDE) system.
Manulife Wealth and Asset Management (Manulife WAM) has announced the appointment of Fabio Fontainha as its new head of Wealth & Asset Management, Asia, effective February 2025.
Ovialand Inc., a leading developer in the premium affordable housing sector, is experiencing robust financial growth, driven by continued demand for properties outside Metro Manila.
Robinsons Retail Holdings Inc. is intensifying efforts to grow its private label business as a strategy to enhance margins and fuel expansion in the coming years, according to company executives at the Philippine Stock Exchange’s Strengthening Access and Reach (STAR) Investor Day.
Apex Mining Co. Inc. nearly doubled first-quarter earnings as soaring gold prices offset weaker production, while the listed miner unveiled an aggressive capital spending program anchored on a planned USD300-million copper project and the expansion of its Maco mine operations.
Alliance Select Foods International Inc. swung deeper into the red in the first quarter as an extended plant shutdown, softer demand in key segments, and elevated operating costs weighed heavily on the seafood processor’s performance, prompting management to roll out cost and efficiency measures to stabilize operations.
Filinvest Development Corp, the listed investment holding company of the Gotianun Group, saw first-quarter net income rise by 8 percent, driven mainly by strong real estate sales and resilient banking operations. The conglomerate said it expects to sustain growth through 2026 despite rising inflation, slowing economic growth, and weaker contributions from its power business.
The Philippine retail sector continues to expand, but growth is easing as weaker consumer spending and global uncertainties slow mall recovery and reshape expansion plans.