ePLDT, the ICT subsidiary of PLDT Inc., and its data center arm, VITRO Inc., are poised to drive enterprise growth by supporting the anticipated surge in Artificial Intelligence (AI) and high-density workloads in the coming years. "It is our aspiration to be the first end-to-end AI services...
Property giant Ayala Land Inc. (ALI) is preparing another asset infusion into its real estate investment trust, AREIT Inc., following the divestment of P2.78 billion worth of AREIT shares. Philippine Stock Exchange data showed that three blocks sales of AREIT shares were done at the bourse...
With the local stock market at bargain levels, Sy-led property developer SM Prime Holdings Inc. and tycoon Eusebio H. Tanco’s Asian Terminal Inc. (ATI) have decided to buy back their shares worth a total of P12 billion. In a disclosure to the Philippine Stock Exchange (PSE), SM Prime said its...
Metro Retail Stores Group Inc. (MRSGI) is expanding its neighborhood grocery concept by opening new branches and converting existing stores to this format. In a disclosure to the Philippine Stock Exchange (PSE), the firm said it continues to reinforce its presence in the country’s retail sector...
The ribbon-cutting ceremony was graced by HCG Distributorship Manager Paul Wu, Wilcon Depot VP-Human Resources Grace Tiong, President and CEO Lorraine Belo-Cincochan, SEVP-COO Rosemarie Bosch-Ong, Municipality of Pagbilao, Quezon Mayor Angelica “Gigi” Portes-Tatlonghari, Vice Mayor Shierre Ann...
Filinvest Land Inc., one of the property development arms of the Gotianun Group, is raising up to P12 billion from the offer and issuance of Philippine peso-denominated fixed-rate bonds. In a disclosure to the Philippine Stock Exchange (PSE), the firm said its executive committee has approved the...
PHINMA Education Holdings Inc., a subsidiary of the Del Rosario-led PHINMA Corporation, has acquired St. Jude College (SJC) Dasmariñas Cavite for P432 million. PHINMA said the acquisition marked its entry into the Cavite market and added 3,000 students to its network, further solidifying its...
Davao tycoon Dennis A. Uy may have found a new partner in the Yuchengco Group's construction affiliate, EEI Corporation, for the development of his Emerald Bay Resort and Casino Project in Mactan, Cebu. In a disclosure to the Philippine Stock Exchange (PSE), Emerald Bay owners PH Resorts Group...
SM Supermalls, a unit of SM Prime Holdings Inc., continues to expand its portfolio in China—particularly in Fujian Province—with the opening of two new malls in Xiamen and one in Fuzhou. In an interview, SM Supermalls President Steven Tan said that next year, they will complete the fourth...
The Department of Education (DepEd) on Saturday, Dec. 7, announced the official launch of the search for the 2025 Metrobank Foundation Outstanding Filipinos, in partnership with the Metrobank Foundation, Inc. (MBFI). (DepEd file photo) The ceremony, held on Dec. 6 at the Bulwagan ng...
Smart Communications and PLDT Enterprise are joining forces with Ericsson to explore and deploy Mobile Private Networks (MPN) tailored for the manufacturing sector, aiming to boost efficiency and automation . In a statement, the companies detailed the partnership, saying the goal of leveraging...
President Ferdinand "Bongbong" Marcos Jr. (left) and Vice President Sara Duterte, in happier times (Facebook) Influential nontrinitarian Christian church Iglesia ni Cristo (INC) is organizing a rally in support of President Marcos' call for...