AYALA CORP. (AC) saw a 39% rise in its 2023 net income to P38.07 billion, driven by stronger performances of its business units, the listed conglomerate announced on Wednesday.The company’s core net income improved by 48% to P41 billion in 2023, driven by its banking,

NICKEL ASIA Corp. (NAC) saw a 53% decrease in its attributable net income to P7.9 billion for 2023, primarily attributed to the decline in nickel ore prices, the company announced on Wednesday.Revenues from ore sales dropped by 16% to P21.4 billion from P25.5 billion in

THE PHILIPPINE Stock Exchange (PSE) has approved the planned P5-billion follow-on offering of property developer Cebu Landmasters, Inc. (CLI), slated to be listed on April 12.The offering comprises a base offer of three million Series A preferred shares with an oversubscription option of up to

PHILIPPINE STAR —WALTER BOLLOZOSWHILE farm-to-table dining sounds like a call for sustainability or a cue for luxury, the path food takes from soil to plate uncovers many issues in the agricultural sector. Carlomagno Aguilar, co-founder and Chief Farmer and Head Farm Consultant at FarmYields, Inc.

JEROME CMG-UNSPLASHMARYLAND-BASED hydrogen production startup Ally Power, Inc. will work with MPower, the local electricity supply arm of Manila Electric Co. (Meralco), to build a $400-million (P22.16 billion) hydrogen and electric refueling station in the Philippines, the United States Department of Commerce said on Wednesday.“This station will produce hydrogen, electricity,

ELBERT'S STEAK ROOMTHOSE of us fortunate enough to have dined in one of Elbert Cuenca’s ventures (which include Elbert’s Steak Room, among all the other Elbert’s dotting the city) notice a certain vibe that places it a cut above the rest — without it, he

SFA Semicon Philippines to hold 2024 Annual Stockholders' Meeting on April 26 via Zoom - BusinessWorld Online Spotlight is BusinessWorld’s sponsored section that allows advertisers to

MANILA WATER Co., Inc. announced on Wednesday that the raw water supply harvested through its “backwash recovery program” has increased by 33% to 40 million liters per day (MLD).This could support up to 200,000 customers daily, the east-zone concessionaire said in a statement.The backwash recovery

ABOUT 76% of Filipinos have considered traveling internationally this year, with Hong Kong, Singapore, Japan, and Thailand in mind, according to a consumer trends study led by travel platform Klook.“Domestic tourism maintains interest for Filipinos and people who are traveling. More people are not choosing

PHINMA Corp. is banking on its education and construction materials segments to drive its growth this year, the conglomerate’s chairman said.“The two major business groups are education and construction materials. Both of them are showing very strong performances,” PHINMA Corp. Chairman and Chief Executive Officer Ramon