Corporate

Yuchengco-led House of Investments, Inc. (HI) has announced a P22-billion capital expenditure program running through 2026, aimed at expanding its energy, property, and education businesses, in line with the group’s long-term growth and sustainability goals.

Ayala Corp. reported a 2 percent decline in core net income to ₱23.7 billion for the first half of 2025, highlighting a modest setback in recurring profitability.

Bloomberry Resorts Corp., operator of Solaire Resorts and Casino, reported a 52 percent drop in net income for the first half of 2025, falling to P1.9 billion from P4 billion a year ago, largely due to a weak second quarter at its flagship Solaire Entertainment City in Parañaque.

Manila Water has connected 10,308 new domestic accounts to its piped water network in the first half of 2025, reflecting a strong push toward expanding clean water access and infrastructure across the East Zone.

San Miguel Corp. (SMC) reported a 9 percent increase in core profit to ₱36.7 billion in the first half of 2025, driven by strong performances across its food, beverage, infrastructure, and power businesses, underlining the conglomerate's strategic resilience and continued economic impact.