Consunji-led conglomerate DMCI Holdings, Inc. said Tuesday it expects Cemex Holdings Philippines (CHP) to turn around as early as 2025 despite the weak cement demand and competition from imports.
DMCI Holdings president and chief executive Isidro Consunji said that while CHP has operational and financial issues, he is confident that the group can revitalize the cement firm by 2025 given its capacity expansion and the clear synergies with the conglomerate.
“While...
AllHome Corp., the Philippines’ pioneering one-stop full line home center owned by the Villar Group, said Monday it recorded P797-million net income and P12.06-billion...
The Philippine Rating Services Corp. (PhilRatings) maintained its issue credit rating of PRS Aaa, with a stable outlook for D&L Industries Inc.’s (D&L) outstanding...
The Philippine Competition Commission (PCC) approved the proposed joint venture between subsidiaries of Mitsui & Co. Ltd. (Mitsui) and KDDI Corp. (KDDI), according to...
AC Mobility, the automotive arm of conglomerate Ayala Corp., is bullish on the potential of electronic vehicle (EV) in the country.AC Mobility expects that...
