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January 10, 2024
Hectares and gladman developments are proposing to build over 400 houses on it. the water levels are gradually seeping up onto this land, which would be a disaster to build on. i think it would | definitely make the flooding issue worse because they are going i to concrete over - what is now wetland which can drain through, - whereas houses it doesnt drain through, it willjust run off. you can see today its completely underwater. so i dont know how they would propose to build pathways because pr...
June 16, 2023
Alliance Global Group Inc. of tycoon Andrew Tan is allocating P70 billion for its capital expenditures this year, 23 percent higher than the year ago to sustain the strong growth momentum of its domestic and international operations.
June 8, 2022
McDonald’s Philippines is optimistic of continued growth this year as the company reports a double-digit sales growth in the first quarter.
May 10, 2021
BusinessWorld May 11, 2021 | 12:06 am ALLIANCE Global Group, Inc. (AGI) said it generated P8.8 billion in net income to owners in 2020, around 50% lower than the P17.72 billion seen a year ago as the pandemic hit most of the conglomerate’s businesses. “The pandemic really taught us so many lessons as a group and we see this as a perfect opportunity to strengthen our resolve to have a more diversified portfolio that could provide a balanced stream of earnings in a post-pandem...
February 8, 2021
BusinessWorld February 9, 2021 | 12:06 am Financial sustainability, expired leases lead to decision MCDONALDâS Philippines shuttered 30 stores last year after lease expirations and some concerns with financial sustainability, but opened 16 new stores despite the pandemic. Golden Arches Development Corp. (GADC), the master franchisee of the McDonaldâs brand in the Philippines, posted a net loss of P967 million as of September last year, compared with the P1.2-billion ne...
January 20, 2021
BusinessWorld January 21, 2021 | 12:33 am BUSINESSES are preparing for recovery this year on hopes of a further easing of lockdown restrictions and the rollout of the coronavirus disease 2019 (COVID-19) vaccine, but restoring consumer confidence remains a challenge. SM Supermalls President Steven Tan said 2021 is expected to be a “year of recovery” after the pandemic battered the retail industry last year. “Malls are open again but consumer confidence is not yet 100% back...