German firm Siemens Energy is projecting that economies in the Asia Pacific region will immensely propel energy demand growth within the stretch of two decades or until year 2040. Brian Byrne, senior vice president of Siemens Energy Asia Pacific Hub, said “Asia Pacific’s growth aspirations will...
Eight firms under the SM group of companies received Golden Arrow Awards from the Institute of Corporate Directors (ICD) for performing well in the ASEAN Corporate Governance Scorecard (ACGS). In a statement, the conglomerate said this is an assessment benchmarked against international best...
Century Properties Group Inc. announced that Jose Roberto “Robbie” R. Antonio has resigned as Co-Managing Director and Member of the Board, effective immediately. In his letter to the CPG Board on February 20, 2021, Antonio said his departure will allow him to focus on resolving the issues in...
The Ayala group of companies has immediately mobilized resources to assist families affected by Taal Volcano’s renewed seismic activity. Through Ayala Foundation, the Ayala group provided food and non-food items for families staying in three evacuation centers in Talisay, Batangas on February 17...
The Ayala Group of Companies, through the Ayala Foundation, has donated testing kits and other medical supplies to Quezon City to boost the testing capacity of the country’s biggest city. In a statement, the conglomerate said QC Mayor Joy Belmonte received P4.5 million worth of supplies that...
Two separate boards of directors were elected in two separate stockholders’ meetings held by rival factions of the Yanson family for Rural Transit (Mindanao) Inc., one of the bus companies under the Yanson-owned conglomerate Vallacar Transit Inc. The group that calls itself the Yanson...
Theirs is an exceptional story of a family-led conglomerate that had to rise from the rubble – not just once, twice or thrice but maybe even more – that’s because of the wretch of politics often infringing on their businesses, be it in the power sector or in their television network. Oscar M....
BTS performing at their 'Map of the Soul ON:E' concert (Big Hit) Leading K-pop agencies Big Hit Entertainment and YG Entertainment, Universal Music Group (UMG) and Kiswe are partnering to launch a digital live streaming platform. Big Hit Entertainment announced that YG and UMG will invest in KBYK...
In a bid to boost the country’s fisheries output, the Philippine government is amenable to the private sector’s proposal to set up aquaculture sites within protected areas and dams across the country. This came two weeks after advocacy group Tugon Kabuhayan started pushing for the crafting of...
Global eSports firm Galaxy Racer Holdings Limited is acquiring a majority stake in the DreamFyre Group, the Philippines’ rising eSports and gaming powerhouse. In a statement, DreamFyre said this move by Galaxy Racer paves the way for DreamFyre to boost its local operations, and fast track...
Seven members of the SM Group of Companies, led by flagship SM Investments Corporation (SMIC), clinched 10 awards for their high scores in the recently concluded 2019 ASEAN Corporate Governance Scorecard (ACGS) assessments. For the 2019 ACGS Assessment, three award categories were recognized:...
After making huge gains last week, investors are seen to test the stock market’s strength this week amid concern over the new COVID-19 variant on one side and vaccine roll-out news and the passage of the corporate recovery bill on the other. “Next week, the local market is seen to move sideways...
