Concreat Holdings Philippines President and CEO Herbert M. Consunji Cemex Holdings Philippines is now officially Concreat Holdings Philippines, Inc. following the approval of the Securities and Exchange Commission (SEC) last April 25. In a disclosure to the Philippine Stock Exchange, the firm said...
Razon-led Bohol Light Company Inc. (BLCI) announced that it would increase its reliance on renewable energy (RE) to meet 25 percent of the power demand in Tagbilaran City. In a statement on Friday, April 25, BLCI said it will source its power from the upcoming 8.4-megawatt (MW) solar project of...
West Zone concessionaire Maynilad Water Services, Inc. (Maynilad) has announced that its new water facility, poised to boost water service in Pasay City, is nearing completion. In a statement released today, Friday, April 25, Maynilad said that its ₱700 million new water treatment plant (WTP) is...
On April 22, Paseo De Lipa reached a significant milestone in its development with the unveiling of the model homes and East Entry Plaza. The formal event marked the community’s commitment to sustainable spaces that merge modern living with ecological design features. The ceremony was led by...
Tanduay Distillers, Inc. (TDI), the spirits unit of the Lucio Tan Group, posted a 37 percent growth in net income to a record ₱2.15 billion in 2024 from the ₱1.57 billion earned in the previous year. In a statement, the firm said this growth was driven by a combination of higher sales...
ALI President and CEO Anna Ma. Margarita Bautista-Dy and ALI Chief Finance Officer Augusto D. Bengzon Real estate giant Ayala Land Inc. will continue to focus on the upscale residential market instead of initially planning to shift back to its core middle market, where challenges have...
Maynilad Water Services Inc., which is planning a ₱49-billion initial public offering (IPO), is estimated to be worth at least ₱94.29 billion and as much as ₱175.98 billion—translating to a share price of ₱12.70 to ₱23.70 per share. In a company primer, Unicapital Securities Inc....
Manuel V. Pangilinan Manuel V. Pangilinan-led PLDT Inc. is planning to expand its data center capacity to 500 megawatts (MW) as it gears up to make the Philippines an attractive market for tech giants seeking data storage. Pangilinan issued this sentiment on Wednesday, April 23, during the...
House Speaker Martin Romualdez (left), Ako Bicol Party-list Rep. Zaldy Co (Speaker’s office, Facebook) Fifteen million votes. This was House Speaker Martin Romualdez's "conservative" estimate on the number of votes that the...
Eton Properties Philippines Inc. President and Chief Executive Officer (CEO) Kyle C. Tan Eton Properties Philippines Inc. (EPPI), the real estate arm of the Lucio Tan Group, reported a 71-percent drop in net income to ₱213 million last year, from ₱746 million in 2023, mainly due to a one-time...
Incoming Philippine Airlines (PAL) President Richard Nutall (left) and incoming Executive Vice President and Chief Operating Officer (COO) Carlos Luis Fernandez (right) Flag carrier Philippine Airlines (PAL) has appointed British national and veteran airline industry executive Richard Nuttall as...
RESOURCE CONSERVATION A Hedcor team member and his son participate in a tree planting activity in La Trinidad Hydro in Alapang, Benguet, which harnesses the Balili River. Generating power from renewable energy sources cannot exist in isolation from nature. In the case of hydropower plants,...
