San Miguel Corp. grew first-half core net income by 48 percent to P54.2 billion as its power, fuel and food businesses held up against higher costs and cautious consumer spending.

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GMA Network Inc., the country’s biggest broadcaster, is facing its toughest stretch in years as companies pull back advertising spending and viewers continue moving online.

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A low-key investment firm is suddenly in the spotlight, thanks to its big bet on one of the country’s biggest names in media.

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A dormant shell company is emerging as the centerpiece of an ambitious Sy-Consunji plan to build the Philippines’ largest mining group.

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ABS-CBN Corp. is raising a sizable P6 billion in fresh equity in a deal that will not only fund its turnaround but also reshape the ownership of one of the country’s best-known media groups.

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Sy family-backed SM Investments Corp. expects to exit mining next year by moving its sizable Atlas Consolidated Mining and Development Corp. stake to another listed vehicle.

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Ramon S. Ang’s new place in the Lopez empire carries considerable weight, but it also comes with a hefty price tag.

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Tycoon Ramon S. Ang is acquiring a roughly 25 percent stake in Lopez Inc., giving him a major foothold in the privately held parent of one of the Philippines’ largest business groups.

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A major ownership change is unfolding at the storied Lopez Group after Crème Investment Corp., representing the family branch of former ABS-CBN chair Eugenio “Gabby” Lopez III, sold its entire 25.7 percent stake in Lopez Inc., the clan’s privately held parent company.

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