Corporate
Haus Talk board approves acquisition of Antipolo property
Property developer Haus Talk Inc. (HTI) has secured board approval for the acquisition of 13.6 hectares of prime land in Antipolo, Rizal from the long-defunct National Steel Corp. (NSC). The transaction marks a key expansion of HTI’s land portfolio, aimed at reinforcing its position as a “value for money” residential real estate developer.
AREIT 1Q profit jumps 43% as new Ayala assets drive strong growth
AREIT Inc., the real estate investment trust (REIT) of Ayala Land Inc., reported a 43 percent year-on-year increase in net income for the first quarter of 2025, reaching ₱2.1 billion from ₱1.5 billion, buoyed by strong asset performance and expanded property infusions.
ICTSI completes Phase 1 of Gdynia Quay Project
International Container Terminal Services, Inc. (ICTSI) has announced the completion of Phase 1 of a quay upgrade at its Baltic Container Terminal (BCT) in the Port of Gdynia, aimed at boosting the port’s ability to handle larger vessels and expanding its commercial throughput capacity.
DMCI sees growth ahead on utilities, mining, and infrastructure projects
DMCI Holdings Inc. expressed cautious optimism over its medium-term prospects, highlighting strong growth potential in its utilities, power, and mining businesses, alongside expanding opportunities in infrastructure construction.
Globe Telecom stays on course for 2025 revenue target despite 1Q dip
Globe Telecom Inc. affirmed its guidance of low to mid single-digit revenue growth for 2025, even as it posted a 3 percent decline in gross service revenue in the first quarter amid market headwinds.
