Megaworld profit rises as provincial demand gains
Megaworld Corp. raised its first-half net income by 5 percent to P12.7 billion, with recurring businesses and strong provincial housing demand providing a cushion against a softer property market and pointing to pockets of opportunity for the country’s biggest developers.
Apex Mining profit surges as gold prices soar
Apex Mining Co. Inc. posted a sharp jump in first-half profit as surging gold and silver prices more than offset lower production volumes, underscoring how precious-metal prices are reshaping the economics of mining operations.
Converge eyes Pax Silica role as AI infrastructure expands
Converge ICT Solutions Inc. is positioning itself to support the Philippines’ emerging artificial intelligence (AI) and advanced manufacturing ecosystem, as the proposed Pax Silica Industrial Hub creates potential demand for connectivity and computing infrastructure.
Cebu office demand tightens as firms plan expansions early
Cebu’s office market is tightening as outsourcing firms and other occupiers move to secure expansion space earlier, with limited availability in the city’s established business districts pushing some tenants to consider emerging locations.
Ayala launches ACX Retail for global brands
Ayala Corp. is sharpening its push into Philippine retail with the launch of ACX Retail, a new platform designed to bring international consumer brands into the country and build them into long-term businesses.
