Razon-led East Zone concessionaire Manila Water Co. is wrapping up a vital water infrastructure project to provide an additional sustainable water supply to parts of Pasig, Pateros, and Taguig. In a statement on Tuesday, June 17, Manila Water reported that its raw water intake structure for the...
As interest in travel continues to rise across the globe, tourism stands as one of the fastest-growing industries. In the Philippines, for instance, tourism continues to be a key driver of economic development. With the Department of Tourism seeing record-breaking arrivals in 2025, plus...
Zamora-led mining firm Nickel Asia Corp. (NAC) reported a 148 percent increase in its attributable net income to ₱501.03 million in the first quarter of 2025, from ₱202.38 million in the previous year, driven by the sale of its minority stake in a nickel processing operator in Palawan. In a...
Davao tycoon Dennis A. Uy’s PH Resorts Group Holdings Inc. is relying on potential partnerships with EEI Corporation and AppleOne Group of Cebu to pay off debts, including that of its Bohol resort, and buy back land for its Mactan casino project. In a disclosure to the Philippine Stock Exchange,...
Signing ceremony at the SBMA Corporate Boardroom on March 20, 2025. From left to right: Olongapo City Mayor Rolen Paulino Jr., SBMA Chairman and Administrator Eduardo Jose L. Aliño, Subicwater Chairman Apollo C. Tiglao, and Subicwater CEO Benjamin E. Antonio III Subic Water and...
The Bureau of Customs (BOC), the country's second-largest revenue collection agency, has entered into an agreement with the Subic Bay Metropolitan Authority (SBMA), granting it rent-free use of facilities within the Subic Bay Freeport Zone for the next 25 years. In a statement released Friday,...
Sands Residences, Roxas Boulevard, Manila (Artist’s perspective) Homebuyers are now a step closer to experiencing bayside living with the completion of the structural building of SM Development Corporation’s Sands Residences. In the photo from left: William Que, CEO and president, Moondragon...
Grande Island and Chiquita Island in Subic Bay (Courtesy of Google Earth) Two islands in Subic Bay are being considered as military reservations by the national government, according to the Philippine Navy (PN). Portions of the Grande Island and Chiquita Island, located at the southern entrance of...
The Department of National Defense (DND) is eyeing the declaration of the Grande Island as a military reservation following the arrest of six foreigners and their alleged two Filipino cohorts over suspicions of espionage on Wednesday, March 19. DND Assistant Secretary Arsenio Andolong said the...
Davao tycoon Dennis A. Uy’s PH Resorts Group Holdings Inc. still owes Bloomberry Resorts Corp. of Enrique K. Razon Jr. ₱301 million from the ₱1-billion deposit made for the cancelled investment in shelved casino projects in Cebu and Clark. In a disclosure to the Philippine Stock Exchange,...
Zamora-led Nickel Asia Corporation (NAC) is planning to divest its stake in Coral Bay Nickel Corporation (CBNC), one of the world’s largest producers of nickel and cobalt, in favor of strategic partner Sumitomo Metal Mining Co., Ltd (SMM). In a disclosure to the Philippine Stock Exchange (PSE),...
Extreme weather events battered developing countries this year despite their small contribution to climate change. The Philippines faced six successive storms in just a month which were intensified by climate crisis, the World Weather Attribution said. Top climate polluters still haven’t...
