Corporate

8990 Holdings’ Jan-Sep earnings drop on lower sales

8990 Holdings Inc., a real estate developer listed on the Philippine Stock Exchange, saw a sharp decline in net income for the first nine months of the year, hurt by lower sales of mass housing and condominium projects.

SM Prime plans new malls outside Metro Manila in 2025

SM Prime Holdings Inc. has announced plans to construct five new shopping malls in 2025, all strategically located outside Metro Manila.

Meralco projects higher sales growth this year

The Manila Electric Company (Meralco) has revised its projected sales this year, increasing the forecast growth from 4.7 percent to 6 percent instead.

Top Line launches IPO to raise P2.9B to fund expansion

Top Line Business Development Corp., a fuel distribution company based in Cebu, is set to start a two-week book-building process for its initial public offering on Monday.

Colliers: POGO ban weighing down Metro Manila office space demand

Colliers Philippines reported significant shifts in the Metro Manila office market, marking the first negative net take-up since 2021. 

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