conglomerate

After 35 years, Ayala exits Honda dealership

The Ayala conglomerate will let go of its Honda dealership business after more than three…

GT Capital relies on core biz to keep momentum in H2

Ty family-led GT Capital Holdings Inc. is confident that the strength of its businesses would…

SMC first half core profit up 9% to P36.7B

One-time gains from the deconsolidation of its assets resulted in the first-semester earnings of San…

Emperador profit up 3% amid global slowdown

Liquor conglomerate Emperador Inc. recorded a 3.1-percent rise in its first-semester earnings to P3.94 billion,…

JG Summit six-month profit flat at P15B

Despite the strong performance of its core businesses, first semester earnings of JG Summit Holdings…

DMCI pushing ‘recovery efforts’ after first-half fall

Engineering and construction conglomerate, DMCI Holdings Inc., has vowed to implement “recovery efforts” specifically for…

BIZ BUZZ: Ayala harvests top awards

These days, companies aren’t just in it for the glitz and glamor of being the…

San Miguel gets Landbank shares in Meralco at 83% discount

The power unit of conglomerate San Miguel Corp. has acquired P23 billion worth of shares…

BIZ BUZZ: Ayala gets a second wind in retailing

The country’s oldest conglomerate had shied away from retailing for years. After unloading its interest…

Moody’s: Ties with conglomerates boon, bane for PH banks

Having ownership ties with conglomerates could be a double-edged sword for Philippine banks, whose asset…