Tag: Net Income

Ayala Land Hospitality is pressing ahead with the long-awaited opening of Mandarin Oriental Makati this year, choosing momentum over hesitation as tourist arrivals in 2025 continue to fall short of expectations.

Vietnamese electric vehicle maker VinFast has chosen the Philippines as the first pillar of its global electric scooter expansion, putting the country at the center of its broader push for green mobility across Southeast Asia.

Tim Ho Wan, the Jollibee Group’s flagship Chinese cuisine brand, has opened its latest restaurant at Mikiki Mall in Kowloon, bringing its total in Hong Kong to 10 locations—double the number from a year ago. All Hong Kong stores are profitable, with new openings reaching payback in under two years, highlighting a repeatable expansion model.

Ayala Land Inc. said it is not in a hurry to raise funds from the capital market, citing current uncertainties. The property developer still plans to tap the market this year to refinance around P20 billion in maturing debts, but will time any issuance according to its refinancing schedule, CFO Jose Eduardo Quimpo II said.