Corporate

Ayala declares P208.4M dividend payout

In line with ASEAN Corporate Governance standards, Ayala Corporation has announced the declaration of its first-quarter 2025 cash dividend on Preferred "A" Shares (ACPAR).

Grab launches CommuniKit to boost communication for deaf driver-partners

Grab Philippines is revolutionizing inclusive transportation with the launch of the Grab CommuniKit, a visual communication tool designed to bridge the communication gap between deaf driver-partners and passengers.

Concepcion Industrial reports 57% Q4 growth, strong outlook

Concepcion Industrial Corp., a leading provider of consumer lifestyle and enterprise solutions, reported on Thursday a strong performance in the fourth quarter, when it posted a 57 percent year-over-year increase in consolidated net profit to P278.7 million. 

JG Summit shuts down petrochemical operations amid losses

JG Summit Holdings Corp., led by the Gokongwei family, has decided to cease operations at its petrochemical business, JGSOC (JG Summit Olefins Corp.), citing persistent losses and unfavorable market conditions in the global petrochemical industry.

Moderna shares struggle as earnings outlook weakens

Shares of biotechnology company Moderna Inc., which are listed on the NASDAQ, continued to struggle on declining demand for its COVID-19 vaccine, which drove its revenue in 2021 and 2022 and helped propel it to prominence during the pandemic.

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