Corporate
Tanduay sells stake in Negros distillery Asian Alcohol Corp.
Tanduay Distillers, Inc., the liquor and spirits arm of the Lucio Tan Group, said it divested itself of Asian Alcohol Corp., the second largest distillery in the Philippines located in Negros Occidental.
Robinsons Retail posts strong 3Q performance
Robinsons Retail Holdings, Inc., a listed member of the Gokongwei Group, said Friday net profit in the third quarter jumped 29 percent year-on-year to...
Ayala Land declares cash dividend worth P4.29B
Ayala Land Inc., the property development arm of Ayala Corp., said its board approved the declaration of a regular cash dividend of P0.2913 per common share for the second half of 2024.
Phinma Corp. launches P1B stock rights offering
Phinma Corp. has announced plans to conduct a stock rights offering (SRO) of up to P1 billion by mid-November, following the receipt of necessary regulatory approvals.
McDonald’s Quarter Pounder linked to E. coli outbreak in US
Shares of McDonald's Corp. fell on Wednesday at the New York Stock Exchange following reports of an E. coli outbreak linked to its popular Quarter Pounder burgers.
