Rappler's latest stories on Philippines conglomerates
Despite higher profit, PLDT chief unsatisfied: 'We can do better'
The listed telecommunications giant will not stop until it becomes the most profitable listed firm in the Philippines again, says PLDT chairman and CEO Manuel Pangilinan
PLDT unit seals partial sale of Rocket Internet stake
As a result of the sale, the Manuel Pangilinan-led telco's equity ownership in Rocket Internet is reduced from 6.1% to 2%
SM Group to expand, but not keen on telco
SM Investments Corporation does not plan to go into the telecommunications industry, citing its lack of know-how and the high capital budget requirement
PLDT subsidiary selling bulk of Rocket Internet shares
PLDT Online Investments Private Limited will sell the shares at €24 (P1,545.28) each, or a total of about €163.2 million (P10.51 billion)
Petron is main income driver of San Miguel in 2017
Petron ends 2017 with a 30% higher net income at P14.1 billion on strong sales volumes from the Philippines and Malaysia
Appetite for chicken, fresh meat boosts San Miguel Pure Foods' income
But its milling business remains affected by the continued deceleration of global wheat prices
ABS-CBN net income down 20% to P2.26 billion in 1st 9 months
But the media conglomerate's net income for the 3rd quarter of the year stands at P1.01 billion, up 38% from the same quarter last year
SM Investments' income up on strong core businesses
The listed conglomerate of the Philippines' richest man, Henry Sy Sr, benefits from growth in its property and retail units
SM Prime income surges 16% on steady mall rental, residential sales
SM Prime attributes revenue growth to higher rental revenues, steady improvement in same-mall-sales, and higher contribution from residential sales
SM Prime to open mall in Puerto Princesa, Palawan
Once the mall opens on Friday September 15 it will be competing with Robinsons Place Palawan Chinatown Center Palawan NCCC Mall and LRC 908 Market Mall
Forex, telco assets drag San Miguel net income in 1st half of 2017
The diversified conglomerate feels the impact of the Philippine peso depreciation and the absence of the one time gain from its telco assets sale
SM Investments earns over P16 billion in just 6 months
Even without the benefits of an election year the Philippines biggest conglomerate sustains growth across its core businesses
Mall operations continue to drive SM Prime's net income
The additional 1 1 million square meters of retail space from new malls as well as expansions between 2015 and 2017 drive growth in SM Prime s mall rentals
Meet Ramon Ang, Filipino billionaire and Duterte's friend
As Ramon Ang aggressively expands his businesses he stays on the good side of President Rodrigo Duterte through his philanthropy and campaign donations
San Miguel grows net income by 80% despite depreciating peso
2016 was a good year for San Miguel due to election related spending good weather conditions stable interest rate and low inflation rate
Metro Pacific raises income target to P11.7B in 2016
But while its income goes up the conglomerate s revenue loss from delayed tariff rate adjustments also increases
San Miguel, Ayala report healthy net income in Q1
Core businesses of both conglomerates see their profits climb during the first quarter of 2016
Why same firms are vying for PH infra projects
It s a testament to how much these Philippine firms have grown and matured They re now looking for yield and more portfolio expansion opportunities
Aboitiz group buys stake in Batangas industrial park
AboitizLand plans to acquire a majority stake in Lima Land the operator of a 468 hectare industrial park in Batangas
Why investor perception counts in San Miguel
San Miguel s major concern should be its long term chart which not only shapes investor perceptions but can set up triggers for irrational crowd behavior when you least want it
