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Universal Robina nears end of P8B buyback

Universal Robina Corp., the food arm of the Gokongwei Group, has used up about 87 percent of its P8 billion share buyback program, purchasing 72.4 million shares equivalent to about 3.4 percent of its outstanding shares.

Philippine hog output rises as farmgate prices plunge

The Philippine hog industry produced more pork in the second quarter, but hog raisers were paid sharply less for it.

Ayala names Lester Ong as new treasurer

Ayala Corp. is changing the person holding the purse strings, with BPI Capital Corp. president and managing director Lester Ong set to become the conglomerate's new treasurer on January 1, 2027.

BCDA pushes BGC, Camp John Hay masterplans

The Bases Conversion and Development Authority (BCDA) is pushing ahead with updated masterplans for Bonifacio Global City (BGC) and Camp John Hay, with key decisions on both estates expected before the end of the year.

Alaska Milk names Marj Garrovillo new managing director

Alaska Milk Corp. is turning to a veteran Filipino executive to lead its next phase of growth as the dairy company seeks to strengthen its brands, expand opportunities, and deepen its role in affordable nutrition.

Just in

EMS Group boosts capacity to fuel AI boom

Artificial intelligence is pushing local manufacturing to the limit. Electronics manufacturing giant EMS Group is rolling out an aggressive, multi-year capacity expansion to keep pace with skyrocketing demand for artificial intelligence hardware.

Peso, stocks brace for volatile week ahead

The peso and Philippine equities enter Monday facing another potentially volatile week as investors weigh persistent inflation pressures, softer growth prospects and expectations of further monetary tightening.

Taiwanese manufacturer puts $1.5B into Clark

A Taiwanese manufacturing company is committing up to USD1.5 billion to build a major facility in New Clark City, bringing a potentially large export and jobs boost to the Philippines’ industrial sector.

Hung claims maiden Asian Tour title with dramatic Taiwan Masters finish

Chinese-Taipei’s Hung Chien-yao captured his maiden Asian Tour title at the Mercuries Taiwan Masters on Sunday, sinking a clutch 20-foot birdie putt on the final hole to defeat Australia’s Wade Ormsby by one stroke after nearly surrendering a commanding lead.
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