Corporate
MacroAsia unit breaks ground on P1.2B cold storage, commissary project
MacroAsia Corp. said its 67%-owned subsidiary MacroAsia SATS Food Industries Corp. broke ground on Thursday, August 7, to kick off the construction for its P1.2 billion Cold Storage and Commissary Expansion Project.
Que-Azcona family cracks Top 10 in Forbes’ Philippines 50 Richest
The Que-Azcona family, owners of Mercury Drug, the Philippines' largest drugstore chain, made a significant debut in Forbes Magazine’s 2025 list of the 50 richest Filipinos, ranking sixth following the death in April of Vivian Que-Azcona, who had led the company founded by her father, Mariano Que, after World War II.
FNI profit triples in 1H 2025 on surging nickel prices
Global Ferronickel Holdings Inc. (FNI) reported a threefold increase in net income for the first six months reaching ₱622.1 million, up from ₱207.08 million in the same period last year, as disclosed to the Philippine Stock Exchange on Thursday.
Gold output drop weighs on OceanaGold earnings
OceanaGold (Philippines) Inc. (OGP), a publicly listed mining firm, reported a 14.4 percent year-on-year decline in net income to US$22 million for the first half of 2025, down from US$25.7 million in the same period last year.
Hann signals cautious entry into online gaming space
Integrated resort developer Hann Holdings Inc. signaled readiness to enter the Philippine online gaming market, but emphasized that full deployment will follow only after regulatory and ethical concerns are addressed.
