The Tantoco family’s SSI Group Inc. has upgraded its partnership with luxury goods firm Prada S.p.A from a franchise to a P380 million joint venture which is seen to ramp up the brand’s expansion in the Philippines. In a disclosure to the Philippine Stock Exchange (PSE), SSI said its...
Healthway Medical Network (HMN), the hospital and clinics arm of Ayala Healthcare Holdings, Inc. (AC Health), has teamed up with leading pharmaceutical company MSD to make cancer products and services more available, accessible, and affordable to Filipino patients. In a statement the firms...
The city government of Para ñaque announced that the Maynilad Water Services will implement water service interruption in nine communities in the city for nine hours. Maynilad announced that maintenance activity will be conducted at the Villamor pumping station and reservoir on Dec. 18 to...
SM Investments Corporation (SMIC), the flagship of the Sy family, and its banking arm BDO Unibank Inc. are cautiously optimistic about their prospects next year even as they expect to wrap up 2023 with decent growth numbers. In an interview, SMIC Vice Chairperson Teresita Sy-Coson said “this year...
The Television and Production Exponents Inc. (TAPE) filed an appeal with the Intellectual Property Office of the Philippines (IPOPHL) to reverse the decision of its Bureau of Legal Affairs (BLA) canceling the producer’s trademark registration for “Eat Bulaga.” In a decision dated Dec....
Metro Manila residents are poised to encounter higher expenses in the upcoming year, as the Metropolitan Waterworks and Sewerage System Regulatory Office (MWSS) has approved a rate increase for two water concessionaires beginning January. Patrick Lester N. Ty, MWSS chief regulator, said Maynilad...
SM Investment Corporation’s (SMIC) subsidiary 2GO Group Inc., the Philippines' largest transportation and logistics solutions provider, was selected to be the primary logistics solutions and delivery partner for WalterMart Supermarket’s e-commerce business. In a statement, SMIC said this...
A busted major pipe of Maynilad Water Services, Inc. (Maynilad) burst and leaked gallons of water which caused temporary knee-deep flooding, heavy traffic, and road closure of the east-bound lane of Legarda Street in Manila on Wednesday morning, Dec. 13. Photo from Maynilad/MANILA BULLETIN ...
Two firms controlled by tycoon Lucio Co, Puregold Price Club Inc. and The Keepers Holdings Inc., have declared cash dividends with a combined value of P3.91 billion. In a disclosure to the Philippine Stock Exchange (PSE), Puregold said its Board of Directors has announced a 30 percent payout ratio...
The National Conciliation and Mediation Board (NCMB) in partnership with Philippine League of Labor Management Cooperation Practitioners (PHILAMCOP) held the 13th National Convention on Labor Management Cooperation with the theme, “Reboot, Revitalize, Optimize: Getting Ahead Towards A Boundless...
The legal counsel and spokesperson for the Television and Production Exponents Inc. (TAPE), the producer of the noontime show “Eat Bulaga,” said Tito and Vic Sotto, and Joey de Leon, known as TVJ, should respect the company’s right to appeal the decision of the Intellectual Property...
D&L Industries Inc., the country’s top specialty food ingredients and oleochemicals producer, expects 2024 to remain a challenging but is cautiously optimistic that the environment may be better with more stable interest rates and raw material costs. In an interview, D&L President and CEO...
