Tag: PHINMA

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PHINMA expands in Bacolod with TRYP

PHINMA Corp. is deepening its investment in the fast growing Visayas hub of Bacolod City after breaking ground for TRYP by Wyndham Bacolod, a lifestyle hotel designed to anchor its Saludad township and capture the city’s rising tourism and business activity.

PHINMA trims capex, prioritizes project execution

Capital spending at PHINMA Corporation is expected to moderate in 2026 as the group shifts its focus from launching new investments to completing and monetizing projects already in its pipeline.

Philcement seals Japanese strategic equity infusion 

Philcement Corp., a subsidiary of listed PHINMA Corp. (PHN), confirmed it has received the investment of Sumitomo Osaka Cement Co. Ltd. for the Japanese company's acquisition of a 15 percent stake in the cement manufacturer through the issuance of primary shares.

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InLife puts insurance on everyday grocery list

Insular Life (InLife) is taking insurance out of the financial-planning aisle and putting it on the everyday grocery list.

RLC sees bigger REIT asset recycling opportunities

Robinsons Land Corp. (RLC) is eyeing a bigger asset-recycling program through RL Commercial REIT Inc. (RCR), with more malls and offices available for potential infusion as the property developer shifts toward recurring income.

Philippine reserves ease to USD103.3B in July

The Philippines’ gross international reserves (GIR) fell to USD103.3 billion at the end of July from USD104.7 billion a month earlier, while the country posted a USD1.5-billion balance of payments (BOP) deficit, reflecting continued pressure from external transactions.

Cirtek swings to loss as Quintel sale weighs

Listed semiconductor company Cirtek Holdings Philippines Corp. swung to a USD2.8 million net loss in the first half of 2026, from a USD1.1 million profit a year earlier, as a one-time write-off tied to the disposal of its Quintel business compounded higher costs and operating expenses.

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