Corporate

Ayala Land shifts to leasing, sets P80B capex for 2026

Ayala Land Inc. is setting aside between P70 billion and P80 billion in capital spending this year, lower than last year’s P92.9 billion, as it shifts focus toward leasing and hospitality projects that generate steady income.

First Gen wins Gold Anvil for program supporting Mamanwa community

Lopez-led First Gen Corp. has won a Gold Anvil award from the Public Relations Society of the Philippines(PRSP) for its corporate social responsibility (CSR) program that supports the Mamanwa indigenous community in Mindanao.

CLI scales up climate resilience drive

Recovery in the Visayas is still a work in progress, but property developer Cebu Landmasters Inc. is ensuring resilience is built into that recovery, not treated as an afterthought. 

Ayala Land profit jumps 38% on ATC sale

Ayala Land Inc. (ALI) reported a 38 percent increase in net income to P39.1 billion in 2025, up from P28.23 billion a year earlier, largely driven by gains from the sale of Alabang Town Center (ATC) and steady expansion of its leasing and hospitality businesses.

Jollibee subsidiary acquires Korea’s leading hot pot chain

Jollibee Foods Corporation’s subsidiary, Jolli‑K Co., Ltd., will fully acquire All Day Fresh Co., Ltd., the operator of South Korea’s top hot pot brand, Shabu All Day, in a deal valued at around US$87 million.

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