Corporate
DoubleDragon unit breaks ground, signs construction deal for Hotel101-Madrid
DoubleDragon Corp., a Philippine listed property company, said Thursday its unit, Hotel101 Global Pte, broke ground and signed the construction contract with Spanish firm Ferrovial Construction on Wednesday for its first European project, the 680-room Hotel101-Madrin in Valdebebas.
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...
