Latest news with #Makati
Yahoo
26-05-2025
- Business
- Yahoo
Generali finalises sale of Philippines unit to InLife
Generali has completed the sale of its 100% stake in Generali Life Assurance Philippines to local firm The Insular Life Assurance Company. The sale follows regulatory approvals from the Insurance Commission and the Philippine Competition Commission. The deal, which was announced in December last year, was formalised with a signing ceremony on 23 May 2025, at the InLife Building in Makati. InLife chairperson Nina D. Aguas said: 'This acquisition represents more than just the combination of two companies; it's the coming together of two cultures, two legacies, and two teams committed to a common purpose. We are building a new organisation that honours our past while embracing the future, with a relentless focus on serving our customers better than ever before.' Aguas added: 'Generali will continue to operate as a separate subsidiary of InLife but will align under a unified strategy focused on innovation, excellent customer experience, and complete life and health protection solutions. Our existing services, contracts, and points of contacts will remain unchanged.' Maria Noemi G. Azura has been appointed as the president and CEO of the new subsidiary. Azura is currently the corporate solutions head at InLife. PwC served as the financial advisor and provided vendor assistance to Generali, with PJS Law (Dentons) offering legal advice. "Generali finalises sale of Philippines unit to InLife " was originally created and published by Life Insurance International, a GlobalData owned brand. The information on this site has been included in good faith for general informational purposes only. It is not intended to amount to advice on which you should rely, and we give no representation, warranty or guarantee, whether express or implied as to its accuracy or completeness. You must obtain professional or specialist advice before taking, or refraining from, any action on the basis of the content on our site.
Washington Post
16-05-2025
- Business
- Washington Post
PLDT: Q1 Earnings Snapshot
MAKATI, Philippines — MAKATI, Philippines — Philippine Long Distance Telephone Co. (PHI) on Thursday reported profit of $155.7 million in its first quarter. On a per-share basis, the Makati, Philippines-based company said it had net income of 72 cents. Earnings, adjusted for non-recurring gains, were 71 cents per share. The telecommunications company posted revenue of $953.9 million in the period. _____ This story was generated by Automated Insights ( using data from Zacks Investment Research. Access a Zacks stock report on PHI at
Coin Geek
07-05-2025
- Business
- Coin Geek
Retail Associates leads the shift to cloud at The Strategic Shift 2025
Getting your Trinity Audio player ready... Retail Associates successfully hosted The Strategic Shift 2025 in partnership with Microsoft, LS Retail, and Crayon, at the Makati Sports Club last April 24, 2025. The full-packed event was attended by decision makers across different industries who connected with expert speakers who tackled key challenges faced by businesses operating on traditional, on-premise systems and highlighted how solutions like Microsoft Dynamics 365 Business Central and LS Central enable smarter, more scalable operations through cloud-based platforms. The agenda covered the economic and operational advantages of cloud migration, data security best practices, compliance with BIR regulations, and the growing role of AI Copilot in streamlining business tasks and decision-making. Retail Associates' President and CEO, Bo Lundqvist, highlighted the imminent need for a shift to Microsoft Dynamics 365 SaaS for a sustainable and future-ready business. Bo echoed Retail Associates' commitment to help businesses with a smooth transition, saying 'Retail Associates is your business' reliable and capable partner in obtaining the necessary innovation of modern technology. The support that we provide together with every Microsoft Dynamics 365 SaaS transition is a testament to our commitment to going beyond implementation.' RGMC Group's Accounting Manager, Darlen Joy Duenas, shared their cloud journey, demonstrating the efficiency and business agility they gain from upgrading to a modern, cloud-based business solution powered by Microsoft Dynamics 365. RGMC Group is a diversified Filipino enterprise with well-known brands such as Apple & Eve, Wharton, Paper Dolls & Co., Hechter Paris, Treehouse, Suncoast Brands, and Econtainer. Guest speakers from Data Center Association of the Philippines, , KPMG, Crayon, and Retail Associates also emphasized that transitioning to the cloud is no longer a trend but it's a strategic necessity. Ivy Bumanglag, COO of Retail Associates, reiterated the company's drive to assist companies in taking the next step towards doing better business. 'Our goal is to help companies' future-proof their operations and unlock sustainable growth through cloud and SaaS,' shared Ivy. The event delivered a clear takeaway; now is the time to make the shift. Businesses that adopt cloud technology are taking the lead in today's rapidly evolving digital economy. About Retail Associates Retail Associates is a trusted consulting and technology partner with two decades of experience delivering tailored, future-ready solutions powered by Microsoft Dynamics 365. Serving 70+ leading brands across Asia, we help businesses enhance operational resilience and elevate customer satisfaction across diverse industries from retail and dining to real estate. Our expert team is committed to enabling long-term success through strategic, technology-driven transformation. For more information on industry-tailored solutions, visit our Unified Solutions
