Corporate

Emperador Inc., the liquor unit of tycoon Andrew Tan, reported a 6.5 percent increase in first quarter net income to P1.85 billion on the back of an aggressive global expansion across key liquor markets.

Microsoft is laying off around 6,000 employees—nearlyw 3 percent of its global workforce—in its biggest job reduction since 2023, as the Washington-based tech giant continues to streamline operations in response to shifting market conditions.

Security Bank's BetterBanking Rewards Program was named Best Customer Loyalty Program at the International Finance Awards 2025, underscoring the bank’s commitment to innovation, sustainability, and customer satisfaction.

Property developer Haus Talk Inc. (HTI) has secured board approval for the acquisition of 13.6 hectares of prime land in Antipolo, Rizal from the long-defunct National Steel Corp. (NSC). The transaction marks a key expansion of HTI’s land portfolio, aimed at reinforcing its position as a “value for money” residential real estate developer.

AREIT Inc., the real estate investment trust (REIT) of Ayala Land Inc., reported a 43 percent year-on-year increase in net income for the first quarter of 2025, reaching ₱2.1 billion from ₱1.5 billion, buoyed by strong asset performance and expanded property infusions.