DoubleDragon Corp. is moving ahead with its takeover of MerryMart Consumer Corp. after securing regulatory clearance, tightening its hold on the retail sector as it accelerates its transition into a diversified investment holding company.
MacroAsia Corp. reported its highest-ever quarterly revenue in the first quarter, even as rising costs and lease-related charges weighed on profitability across its aviation-linked businesses.
The Philippines sees strong potential for expanded two-way tourism with Western China as cross-border travel interest grows alongside improving air connectivity.
D.M. Wenceslao and Associates Inc. posted a first-quarter net income of P550 million, down from P562 million last year, as the listed property developer leaned on recurring rental revenues to cushion the impact of a more challenging real estate market marked by elevated inflation and high interest rates.