Saturday, 22 November 2025, 6:48 am

    Corporate

    Rising road use lifts NLEX Corp. profit to P10.34 billion

    NLEX Corp. reported a 20 percent increase in net income for the first nine months of 2025, driven by higher traffic volumes and toll adjustments.

    Robinsons Retail extends buyback with added funds

    Robinsons Retail Holdings Inc., the Gokongwei Group’s flagship retail arm, has extended its ongoing share buyback program and allocated an additional P2 billion to repurchase more of its shares, strengthening efforts to boost shareholder value five years after the initiative began at the height of the pandemic.

    Cebu, Tagum gain WASH facilities, training

    Manila Water Foundation (MWF), together with Cebu Water, Tagum Water, and local water districts, has strengthened its water, sanitation, hygiene (WASH), and sustainability programs in Cebu Province and Davao del Norte.

    PhilRealty fiinalizes tax-free Bonifacio Global lot transfer

    Philippine Realty and Holdings Corp., a listed real estate company, has completed a tax-free exchange transaction with its wholly owned subsidiary, Three Corners Realty Corporation (TCRC), formally transferring a prime Bonifacio Global City (BGC) property in exchange for preferred shares.

    Figaro to spin off Angel’s Pizza unit to drive future growth

    Figaro Culinary Group Inc. (FCG) is carving out its fast-growing Angel’s Pizza brand into a standalone company as part of a corporate restructuring approved by its board—an overhaul aimed at sharpening operational focus and positioning the chain for expansion.

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