Tag: Alliance Global

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Alliance Global 1H profit soars on Megaworld gains

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Alliance Global Group Inc., the listed investment holding company led by tycoon Andrew Tan, reported a 60 percent surge in net income to P14.04 billion in the first half...

Alliance Global boosts growth with P59B investment

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Alliance Global Group Inc., the holding firm of tycoon Dr. Andrew L. Tan, is ramping up its capital spending this year to a record P59 billion, reaffirming its long-term growth strategy across key sectors including real estate, leisure, tourism, and consumer goods.

Megaworld allocates P30B for office expansion

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Property giant Megaworld Corp. is setting the stage for significant growth in the office sector by committing P30 billion over the next five years to develop new office buildings and revitalize existing properties. 

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PLDT gets NYSE warning over delayed 2024, 2025 filings

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PLDT Inc. has until February 13, 2027, to submit its delayed 2024 and 2025 annual financial reports to avoid possible suspension and delisting proceedings on the New York Stock Exchange (NYSE), following the withdrawal of its external auditor’s opinions on the two sets of financial statements.

Metrobank chief economist tops Asian research awards, bank cites expertise

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Metrobank Chief Economist Nicholas Mapa has been named the top analyst at The Asset Benchmark Research Awards, clinching the Best Individual Sellside Research title.

GT Capital profit falls 10% to P23.3B on economic slowdown

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Slower economic growth, elevated inflation, and softer consumer demand weighed on GT Capital Holdings Inc.’s businesses, pulling consolidated net income down 10 percent to P23.3 billion in the first nine months of 2026, even as its banking and automotive units continued to generate substantial earnings.

BankCom bond sale draws P17.4B, 3.4 times oversubscribed

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Strong investor demand enabled Bank of Commerce (BankCom), an affiliate of San Miguel Corp., to raise P17.4 billion from its latest bond offering, more than 3.4 times the minimum P5-billion issue size despite a challenging market environment.

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