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Iris Gonzales
Iris Gonzales
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SM Prime ventures into residential dev’t
by Iris Gonzales - April 26, 2017 - 12:00am
SM Prime Holdings Inc., the listed property company of the Sy family, is launching its first subdivision in Mabalacat, Pampanga next month, with the initial phase targeted for the lower income segment.
Cirtek 2016 profit up 49%
by Iris Gonzales - April 26, 2017 - 12:00am
Laguna-based technology firm Cirtek Holdings Philippines Corp. reported a net income of $7.6 million last year, up 49 percent year on year.
Chelsea Logistics to raise up to P8 B from IPO
by Iris Gonzales - April 26, 2017 - 12:00am
Chelsea Logistics Corp., the logistics company of businessman Dennis Uy, is embarking on an initial public offering in July to raise up to P8 billion.
Index rallies on positive investor sentiment
by Iris Gonzales - April 26, 2017 - 12:00am
Share prices rallied yesterday, buoyed largely by the French election results, Wall St.’s positive performance, investor optimism on Dutertenomics and prospects of a strong first quarter economic growth, analysts...
Belle eyes 2nd Phl casino
by Iris Gonzales - April 25, 2017 - 12:00am
Belle Corp. and partner Melco Crown Philippines are looking for a second site to expand their casino venture following the success of City of Dreams Manila.
SMIC completes acquisition of MyTown
by Iris Gonzales - April 24, 2017 - 7:31pm
SM Investments Corp. (SMIC) has sealed its acquisition of a 61.2 percent stake in dormitory builder MyTown.
Gaming firms expand outside Entertainment City
by Iris Gonzales - April 24, 2017 - 7:31pm
The Philippine gaming industry continues to expand outside the 100-hectare Entertainment City, which is already showing signs of maturation with more players filling up the gaming scene in the Las Vegas-style complex...
Japan’s Daiwa acquires 14.9% stake in COL Financial
by Iris Gonzales - April 24, 2017 - 12:00am
Daiwa Securities Group Inc., Japan’s second largest brokerage company after Nomura Securities, has acquired a 14.9-percent stake in businessman Edward Lee’s COL Financial Group Inc., the top online brokerage...
8990 sets more projects in Visayas
by Iris Gonzales - April 24, 2017 - 12:00am
Listed mass housing developer, 8990 Holdings, has expanded further in the Visayas region with the introduction of its two new projects in Cebu valued at P10.7 billion.
Ortigas investing P10 B for major redevelopment
by Iris Gonzales - April 24, 2017 - 12:00am
Ortigas & Co., the premier property developer of some of Metro Manila’s affluent residential enclaves and mixed-use projects, is pouring in close to P10 billion in capital expenditures this year as it goes...
Traders expected to stay on the sidelines this week
by Iris Gonzales - April 24, 2017 - 12:00am
Investors are expected to keep a close watch on first quarter earnings results this week which would likely keep trading activity muted.
Tycoons satisfied with business environment
by Iris Gonzales - April 24, 2017 - 12:00am
Some of the country’s most influential business tycoons have expressed satisfaction with the business environment under the Duterte administration, but underscored the urgency of speeding up the implementation...
Ayala adopts integrated reporting framework
by Iris Gonzales - April 23, 2017 - 12:00am
Ayala Corp., the country’s oldest conglomerate, has adopted the Integrated Reporting framework, a first in the country as it contributes to efforts of meeting the United Nations Sustainable Development Go...
Stocks end higher on heavy trades
by Iris Gonzales - April 22, 2017 - 12:00am
The stock market ended on a positive note yesterday, buoyed by optimism in regional markets as most Asian stocks ignored a US trade probe on Chinese steel exports.
Ayala to tap Zalora e-platform
by Iris Gonzales - April 22, 2017 - 12:00am
Ayala Corp., the country’s oldest conglomerate, is hoping to tap the huge potential of the logistics platform of Zalora Philippines to take advantage of the growing e-commerce in the country.
Firms line up for Sta Mesa-MOA toll project
by Iris Gonzales - April 22, 2017 - 12:00am
Other conglomerates have expressed interest in joining the team of Ayala Corp. and SM Investments Corp. in building a P25 billion elevated tollroad from Sta. Mesa in Manila.
SEC OKs Eagle Cement IPO
by Iris Gonzales - April 22, 2017 - 12:00am
The Securities and Exchange Commission (SEC) has approved the P9.2 billion initial public offering of Eagle Cement Corp. (ECC), the cement company of the Ang family.
Index bucks cautious trading in Asia
by Iris Gonzales - April 21, 2017 - 12:00am
Share prices closed higher yesterday, bucking the cautious trading in Asia, analysts said.
ALI launching P117-B projects
by Iris Gonzales - April 21, 2017 - 12:00am
Ayala Land Inc. (ALI), the property and mall developer of the Ayala Group, is launching P117 billion worth of projects this year including three sprawling mixed-used estates, officials said in a briefing Wednes...
Property boom builds up Wilcon’s business
by Iris Gonzales - April 21, 2017 - 12:00am
Wilcon Depot and Home Essentials, owned and operated by the Belo family led by its patriarch William Belo, is riding on the continued growth of the property business in the country.
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