InsiderPH

Insider Spotlight PHINMA Corp. posted consolidated net income of P363.35 million in the first half of 2026 Education remained its main earnings engine, generating P819.75 million in net income Property development recorded a P378.64-million loss, while construction materials lost P35.59 million Consolidated revenues reached P9.55 billion, while net income attributable to shareholders climbed to P20.11 million. The big picture Education was the conglomerate's strongest profit contributor.

Insider Spotlight 16 stores: New British Columbia franchise commitment over five years 26 stores: Total committed franchise pipeline across Canada 54 locations: Projected Canadian network after current commitments The Philippine fast-food giant’s North American franchisor, JBM LLC, signed a multi-unit development agreement in July with an experienced multi-brand food retail operator to develop 16 restaurants in British Columbia over the next five years.

Insider Spotlight Ayala Land’s first-half net income fell 19 percent to P11.5 billion from P14.2 billion a year earlier, reversing the 8-percent growth recorded in the first half of 2025 Consolidated revenues declined 10 percent to P75 billion from P83.1 billion, with property development generating P41 billion Leasing and hospitality provided a bright spot, with revenues growing 9 percent to P25.2 billion, driven by a 28-percent surge in hospitality revenues Consolidated revenues fell 10...

Insider Spotlight Bank of Commerce booked a P2.11-billion first-half net income, up 13 percent year-on-year, as its core banking business strengthened Net interest income jumped 19 percent to P6.11 billion, helping lift net interest margin to a record 4.68 percent Second-quarter profit rose 16 percent sequentially to P1.13 billion, even as operating expenses increased The San Miguel Corp.

Insider Spotlight First-half profit was flat at P24.5 billion Revenue rose 5 percent, but costs grew nearly 6 percent Malls led growth as residential revenue declined Total revenues rose 5 percent to P71.7 billion from P68 billion, while costs and expenses increased nearly 6 percent to P35.6 billion from P33.6 billion due to higher depreciation and amortization, fixed overhead and construction expenses, the company said in its disclosure on Monday.

Insider Spotlight Ramon Ang has acquired the stake of Crème Investment Corp. in Lopez Inc., company president Federico “Piki” Lopez confirmed Lopez said Ang’s expertise and extensive business experience would bring value to the family holding company The transaction could help resolve issues that have affected both the Lopez family and its businesses, according to Lopez Crème Investment Corp. represents the branch of the Lopez family led by Eugenio “Gabby” Lopez III.

The billionaire acquired the shares held by Crème Investment Corp., the vehicle of Eugenio “Gabby” Lopez III’s branch of the family, while the remaining Lopez branches retain control. “I came in because I believe in these businesses, and because a steady partner at the table can be good for everyone around it,” Ang said in a statement on Monday. Friend to all sides Ang pointed to his longstanding ties with the Lopez family as he explained his decision to invest amid a family dispute.

Insider Spotlight Gabby Lopez sells his family branch’s 25.7 percent stake in Lopez, Inc. after a dispute that spilled into boardrooms and the courts. Ramon Ang enters in his personal capacity, calling himself a “steady partner” while leaving control with the remaining Lopez family branches. Lopez says the sale opens a path to “family peace” and frees his branch to pursue businesses aligned with its own mission.

The investment gives Ang exposure to a formidable portfolio spanning power, property and media, including First Philippine Holdings, First Gen, Rockwell Land and ABS-CBN Corp. The stake is being sold by Crème Investment Corp., representing the family branch of former ABS-CBN chair Eugenio “Gabby” Lopez III, marking one of the biggest ownership changes at the Lopez Group in years. Ang said in a text message to InsiderPH he is buying the shares of the Gabby Lopez branch.

The telco said its strategic investment in ST Telemedia Global Data Centres (STT GDC) Philippines forms part of its broader push to build digital infrastructure, alongside submarine cable systems, to support the country’s rising connectivity and computing requirements. STT Fairview | Contributed photo “Digital infrastructure works hand in hand with today’s advanced technologies,” Globe president and CEO Carl Cruz said.