Chemrez Technologies Inc., a wholly owned subsidiary of D&L Industries and the country’s pioneer in green chemistry, is bullish after the publication of the Department of Energy's (DOE) draft circular which lays down the guidelines on the increase in biofuel blend implementation. In a...
Richest Filipino Manuel B. Villar’s property development firm, Vista Land & Lifescapes Inc. is planning to raise up to $2 billion through wholly-owned subsidiary VLL International Inc. Vista Land, one of the country’s leading integrated property developers and the largest homebuilder,...
Megaworld Corporation and its real estate investment trust MREIT Inc. have agreed to move back their planned asset-for-share swap to May 31, 2024 from the original target of sometime in the third quarter of 2023. In a disclosure to the Philippine Stock Exchange (PSE), MREIT said this is regarding...
BDO Unibank Inc. (BDO) announced that it has completed its buyout of the interests of Keppel Philippines Properties Inc. and Opon-KE Properties Inc. (the Keppel Group) in SM Keppel Land Inc. (SM Keppel). In a disclosure to the Philippine Stock Exchange (PSE), the bank said this follows the...
West Zone concessionaire Maynilad Water Services, Inc. signed an agreement with the JGC Philippines, Inc. – Hitachi Asia, Ltd. Consortium to enhance six Sewage Treatment Plants (STP) located in various parts of Metro Manila. In a statement, Maynilad said the contract, valued at P998 million, was...
Renewable energy developer-firm PAVI Green of the Villar group has cemented partnerships with its affiliate Vista Malls and All Home Luzon branches for the provision of solar-generated electricity to these establishments. In a statement to the media, the Villar RE firm indicated that it will be...
Ayala Healthcare Holdings Inc. (AC Health), a unit of the Zobels' Ayala Corporation, reported that it has acquired a significant minority stake in North Luzon-based pharmaceutical company, St. Joseph Drug (Joleco Resources Inc.). In a disclosure to the Philippine Stock Exchange (PSE), Ayala...
The commercial loads on GMA Network's “Eat Bulaga” have increased despite the ruling of the Intellectual Property Office in the Philippines (IPOPHL) canceling the trademark registration for the noontime show. This is according to Maggie Abraham-Garduque, spokesperson and lawyer for the...
ILOILO CITY – The Court of Appeals (CA) has ordered the arrest of Emily V. Yanson for perjury and falsification of public documents after it ruled that she is not a stockholder of Ceres Transport Inc., one of the nine companies under the country’s largest bus conglomerate based in Bacolod City....
Tycoon Lucio Co’s retail holding firm Cosco Capital Inc. has set a new dividend policy while announcing cash dividends amounting to P1.41 billion. In a disclosure to the Philippine Stock Exchange (PSE), the firm said its Board of Directors has laid a new dividend policy with at least 20 percent...
Okada Manila is expecting 2024 to be a better year for the integrated resort and casino on expectation that tourism will be normalized after the Covid crisis is almost over. In an interview, Okada Manila Chief Managing Officer Kenji Sugiyama said, “we still see more opportunity after Covid and...
The Alcantara family-owned Alsons Consolidated Resources was cited by the local government of Maasim, Sarangani for its significant contribution in the economic progress and empowering communities in the municipality. The Alcantara group owns Sarangani Energy Corporation which remitted over P61.4...
