Real estate giant Ayala Land Inc. is aiming to double its business in five years from its 2022 level as it aims to aggressively expand this year based on its positive outlook for 2024. In an interview, ALI President and CEO Anna Ma. Margarita Bautista-Dy said they are maintaining their positive...
DAVAO CITY – The Davao City Water District (DCWD) reported on January 9, Tuesday, before the city council’s first regular session that their bulk water supply project has been operating in six areas here since last month. The DCWD and the Apo Agua Infrastructura Inc. said in a joint statement...
DMCI Holdings Inc. is maintaining a cautiously optimistic outlook for 2024 even as the previous year was fairly good for the diversified engineering conglomerate despite being beset by global market uncertainties, volatile prices, and high interest rates. In a disclosure to the Philippine Stock...
The Bangko Sentral ng Pilipinas (BSP) has included OmniPay, Inc. in the roster of financial institutions that settle high value transactions safely and instantly through the BSP-owned and operated PhilPaSSplus. In a statement, the BSP said OmniPay, Inc. became the first non-bank electronic...
BDO Unibank, Inc., a member of the Sy family’s SM Group, is again issuing Peso-denominated Fixed-Rate ASEAN Sustainability Bonds with a minimum aggregate size of P5 billion. In a disclosure to the Philippine Stock Exchange, the bank said the net proceeds of the latest issuance will be used...
The legal counsel for the Television and Production Exponents Inc. (TAPE) was appalled by the decision of a Marikina court on the “Eat Bulaga” copyright infringement case filed by Tito and Vic Sotto, and Joey de Leon, known as TVJ, and Jeny Ferre against the company and GMA Network. In a...
The Yuchengco family’s holding company House of Investments (HI) is diversifying its business portfolio by strategically expanding into the financial services and property sectors. In a disclosure to the Philippine Stock Exchange, the firm said its diversification includes the P15.7 billion...
SAN FERNANDO CITY, La Union – The SM Foundation inaugurated its 107th school building at the South Central Integrated School here on Thursday, January 4. The two-story, four-classroom structure is a welcome addition to the community, alleviating the burden of overcrowding and provides a...
The Yuchengco family’s holding company, House of Investments (HI), continues to divest from former subsidiary EEI Corporation, this time with the sale of a 4.5 percent stake to a Singaporean firm. In a disclosure to the Philippine Stock Exchange (PSE), HI said it has sold 4.5 percent of EEI to...
The Securities and Exchange Commission (SEC) has approved the planned issuance by Century Properties Group Inc. (CPGI) of up to P5 billion worth of preferred shares subject to some conditions. In a disclosure to the Philippine Stock Exchange (PSE), CPGI said it has received the Pre-Effective Letter...
The Television and Production Exponents Inc. (TAPE) will file an appeal to overturn the decision of a Marikina court which barred it from using the trademarks “Eat Bulaga” and “EB.” In a decision dated Dec. 22 but was released on Jan. 5, the Marikina Regional Trial Court Branch 273...
Razon-led Manila Water Co. Inc. said it is on track to complete the Cayetano Pumping Station and Reservoir in Taguig City by 2025, a move that will help reduce its reliance on Angat dam as the main water source. In a statement, Jeric Sevilla, Manila Water corporate communication affairs director,...
