Corporate

Thailand’s SHERA investing P2B in the construction sector

SHERA, one of the largest fiber-cement manufacturers in the ASEAN, on Thursday introduced its products at the Philippine World Building and Construction Exposition (WORLDBEX). At the four-day convention, the Thai company showcased its fiber-cement innovation.

Renowned denim jeans maker eyes PHL expansion

SM Group executives count on brand names with popular recall such as Levi Strauss and Co. to expand its retail operations. 

Core unit contributions push Ayala Corp. income 39% higher in 2023

Conglomerate Ayala Corp. on Wednesday reported net income growing 39 percent in 2023 to P38.07 billion from P27.39 billion in 2022 on the back of strong contributions from its banking, property development and energy businesses. Revenue grew 11 percent to P341.89 billion from P306.64 billion. 

Lower nickel, cobalt prices sent Nickel Asia profit falling in 2023

Nickel Asia Corp., a listed natural resources development company, said Wednesday net income last year dropped 53 percent to P3.7 billion due to lower nickel ore...

Ayala Land merger with 34 units to improve operations, fund management 

Listed property developer Ayala Land Inc. said Wednesday it will absorb 34 companies it either owns directly or through AyalaLand Estates Inc. and AyalaLand...

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