Del Monte Philippines, Inc. reported a 33 percent jump in net income to P4.6 billion for its fiscal year 2021 ending April on improved sales, favorable mix, lower costs and expenses, and greater efficiency. In a disclosure to the Philippine Stock Exchange, DMPI sales improved 8 percent to P34.5...
Lessandra , Vista Land and Lifescapes’ residential brand that caters to the affordable market segment, has retained its traction in 2021 as it reports a promising sales trajectory and an annualized growth rate of 28 percent as of last May. The innovative housing brand ended the month of May with...
Ayala Land Inc. is touting its Ayala North Exchange as a model for sustaibility practices with its LEED-compliant, resource-efficient model that helps to minimize its carbon footprint. In a statement, ALU said its dedicated civic space is also the only urban oasis at the northern corridor of Ayala...
The National Irrigation Administration (NIA) is opposing a bulk water supply project in Quezon Province that was awarded to the consortium led by businessman Dennis Uy’s Udenna Water Integrated, Inc. through a public-private partnership (PPP) scheme. In a position paper submitted to Tiaong...
The old La Loma Cemetery Chapel is a National Cultural Treasure, the highest designation given to a valuable cultural asset. As such, it has unique value and has been demmed possessing outstanding historical, cultural, artistic, and scientific value, which is highly significant and important to the...
Globe Telecom Inc. now covers at least 88 percent of the National Capital Region, the telco Monday, (June 21) reported. Bonifacio Global City Central Business District (CBD) and Ortigas CBD registered the highest 5G outdoor coverage, both at 97 percent. Makati CBD is third, with 96 percent coverage...
The subsidiary of Global Ferronickel Holdings, Inc. (FNI), the third-largest nickel ore producer in the Philippines , has scored a win against Mayor Jean Feliciano of Brooke’s Point, Palawan after years of legal battle. In a decision, the Office of the Ombudsman has found Feliciano guilty of...
Maynilad Water Services, Inc. (Maynilad) has invested P410 million for the installation of more pressure-regulating valves (PRV), which is part of the West Zone concessionaire’s plan to reduce non-revenue water losses. In a statement, Maynilad said it recently installed more PRVs in select points...
Throughout the pandemic, we have witnessed a rise in bicycle usage—be it for leisure time or for practical purposes. Although, more often than not, the ones who really needed a bike are those who don’t have the capacity or privilege to acquire one. BeSeekLeta for Every Juan As a solution,...
The Capital Markets Integrity Corporation (CMIC), the independent audit, surveillance, compliance and enforcement unit of The Philippine Stock Exchange, Inc., denied allegations that it had been remiss in its previous audits of Venture Securities Inc. In a statement released to media, Venture cited...
The Securities and Exchange Commission (SEC) has upheld the findings of the Philippine Stock Exchange’s independent audit, surveillance and compliance arm against Venture Securities, Inc. (VSI) for violation of multiple trading rules. The PSE’s Capital Markets Integrity Corporation said these...
Stock broker Eusebio H. Tanco has formally declined his nomination as director of the Philippine Stock Exchange (PSE) for the Board elections on July 1 after his brokerage Venture Securities Inc. has been penalized by regulators in relation to illegal transfers of shares worth P700 million. In a...
