SPAVI President Vicente Gregorio Po family-led restaurant group Shakey’s Pizza Asia Ventures Inc. (SPAVI) expects to allot at least ₱1 billion for capital expenditures (capex) this year, as it aims to open an average of one store a day and beef up its presence in Visayas and Mindanao. In...
Fiber broadband and technology provider Converge ICT Solutions Inc. has more than doubled its capital expenditures (capex) this year to up to ₱25 billion amid strong expansion efforts. Based on its financial report, the company’s capex in 2025 is expected to be within the range of ₱20...
Apex Mining Co. Inc. reported a 28 percent growth in consolidated net income to ₱4.3 billion last year from the ₱3.4 billion earned in 2023 due to higher gold output and prices as well as a more favorable exchange rate. In a disclosure to the Philippine Stock Exchange, the firm said...
Globe Telecom, Inc. has scheduled its Annual Stockholders’ Meeting on April 22, 2025, at 9:00 a.m. The meeting will be held virtually via https://conveneagm.com/ph/2025GLOBEASM , and stockholders will only be able to participate by remote communication. Duly accomplished proxy forms and...
The Jetour T2 is already quite the popular 4x4 SUV, however, Jetour Auto Philippines (JAPI), plans to offer buyers an even more appealing edition, the T2 Panda. The T2 Panda comes in the iconic black and white colors of the panda bear, along with rugged aftermarket accessories to enhance its...
Jetour Auto has officially inaugurated its Quezon Avenue showroom, serving as a key addition to its growing network of dealerships. Located at 133 Quezon Ave., Sto. Domingo, District 1, Quezon City, the five-level dealership spans a total floor area of 4,000 sq.m, and boasts a spacious showroom...
West Zone concessionaire Maynilad Water Services, Inc. (Maynilad) is offering septic tank cleaning services to its residential and semi-business customers this March in select parts of Caloocan, Las Piñas, Parañaque, Quezon City, and Cavite Province at no extra cost. Maynilad’s...
Globe Telecom Inc. announced that it is expanding its network to more remote areas in the country by building 100 cell sites this year. In a statement, Globe Chief Commercial Officer Darius Delgado said expanding network infrastructure to geographically isolated and disadvantaged...
SM MOA Square Solar Rooftop PV System SM Prime Holdings Inc., one of Southeast Asia’s largest integrated property developers, plans to add 20 rooftop solar photovoltaic (PV) projects this year after expanding its solar energy by 49 percent in 2024. In a disclosure to the Philippine Stock...
IN THE PHOTO L-R: Shiela Marie B. San Buenaventura, RBG Chief Finance Officer, Ayala Land, Inc. (ALI); Rufino Hermann S. Gutierrez, Senior Marketing Director, AyalaLand International Sales, Inc. (ALISI); Augusto D. Bengzon, Chief Finance Officer & Treasurer, ALI; Mariana Flores, Caculitan,...
Manuel V. Pangilinan-led First Pacific Co. Ltd. is directly investing ₱726.29 million in Maynilad Water Services Inc. through its ₱49 billion initial public offering (IPO) to offset a small portion of the dilution in the stake of subsidiary Metro Pacific Investments Corp. (MPIC). In a...
DAVAO CITY – The League of Bangsamoro Organizations Inc. (LBO) appealed to President Ferdinand R. Marcos Jr. to uphold unity amid the questions raised on the recent leadership change in the Bangsamoro Autonomous Region in Muslim Mindanao (BARMM). MILF Chairman Ahod Ebrahim with BIAF...
