MB Business

SM Prime marks 30th anniversary with record-breaking income, PHP 100 billion investment for 2024

SM Prime Holdings, Inc. (SMPH), the leading integrated property developer in the Philippines, marks its 30th anniversary as a publicly listed company with the announcement of its highest-ever recorded income and a ₱100 billion investment for its partners, stakeholders, and communities they operate in. 

FLI declares 32% dividend payout ratio

Filinvest Land Inc. (FLI) announced a cash dividend for common shares amounting to P0.05 per share representing a 32% dividend payout ratio. Announced during the company’s recent annual stockholders’ meeting, dividend distribution is scheduled on June 5, 2024, for stockholders on record as of May 13, 2023. 

Wilcon Depot showcases architectural excellence and innovation at CONEX 2024

One of the key highlights of CONEX 2024 is the presence of leading industry players, including Wilcon Depot, whose booth features a curated selection of top-tier brands.

AirAsia Philippines keeps airfares reasonably low amidst Level 6 Fuel Surcharge

AirAsia Philippines is implementing measures to cushion the effect of Fuel Surcharge and still make travel affordable and enjoyable especially during the final month of summer. It is also in discussion with the Manila International Airport Authority (MIAA) Executives to facilitate the transfer of its international flights to Terminal 1 from Terminal 3.

Maynilad’s Poblacion WTP wins “Water Project of the Year” in Global Water Awards

West Zone concessionaire Maynilad Water Services, Inc. (Maynilad) bagged the “Water Project of the Year” award for its Poblacion Water Treatment Plant (WTP) during the Global Water Awards 2024 held recently in London, England. Maynilad was the sole awardee from the Philippines.