Business News, Views, and Tips


November 2023

ALI 9M23 net income up 38% to P18.4B

Nov 8, 2023 – Ayala Land Inc. (ALI) maintained a strong growth trend in the first nine months of 2023, driven by the continuing resilience of the residential market and

STI Holdings doubles net income to ₱874 M

MANILA – STI Holdings, one of the biggest networks of private schools in the Philippines, has announced a net income of ₱873.8 million for the fiscal year 2023, more than

Gross Service Rrvenues rose 3% to ₱149.8B

MANILA, Philippines 7th November 2023 – Notwithstanding persistent macroeconomic challenges, PLDT Inc. (PLDT) (PSE: TEL) (NYSE: PHI) today announced that Gross Service Revenues grew 3% to ₱149.8 billion while Consolidated

MREIT’S 9M Distributable Income grows by 13% to P2.1B

MANILA, Philippines, November 7, 2023 – MREIT, Inc., the REIT company of the country’s largest office landlord Megaworld Corporation, posted a distributable income growth of P2.1-billion during the first nine