Corporate
Fernando Zobel gets back in Ayala saddle; named adviser to Ayala Land board
Fernando Zobel de Ayala, who stepped down from the boards of various corporations within the Ayala Group last year for health reasons, is rejoining the board of Ayala Land Inc., a decision-making body he led as chairman for over two decades until last year, albeit in a less stressful role.
Ayala Land income bounced back in 2022 to P18.61 billion
Property developer Ayala Land Inc. on Tuesday said its income bounced back strongly in 2022, reaching P18.61 billion and up 52 percent from the previous year’s P12.22 billion.
Balai Ni Fruitas Triples Commissary Set-Up Budget To PHP60M
Balai ni Fruitas, a listed fresh coconut-based beverage company, said Tuesday it has tripled its commissary set-up budget to P60 million from P20 million...
SFA Semicon sets aside $10.3M to partially fund 5-year spending plan
SFA Semicon Philippines Corp., an outsourced semiconductor assembly and test company whose facilities are in the country, said Tuesday its board has approved a $10.3...
SM Prime income rises 38% in 2022 on shopping mall recovery
Shopping mall operator SM Prime Holdings Inc. said its net income in 2022 rose 38 percent to P30.1 billion from only P21.8 billion in 2021 on the recovery of its malls business.
