DMCI Holdings Inc. has secured the approval of its shareholders for the P10 billion cash infusion of parent company Dacon Corporation to fund its share in the acquisition of an almost 90 percent stake in Cemex Holdings Philippines Corporation (CHP). Approved during the special stockholders’...
Mindanao Container Terminal (MCT), the Cagayan de Oro port operation of International Container Terminal Services, Inc., received the inaugural call of MV Ever Core which links it to with key international markets in Hong Kong and Taiwan. The new bi-monthly service comes under a new joint...
Logistics firm 2GO Group, Inc. has partnered with Grab Philippines to provide passengers with a more convenient and hassle-free travel experience. In a statement, the Sy-led transportation and logistics solutions provider said passengers who book their 2GO Travel tickets through the 2GO app...
Ayala Land Inc. (ALI) has secured a $250-million (about P14.3-billion) loan from the International Finance Corp. (IFC) to fund its net-zero emissions ambition, including the "greening" of 10 malls in Cebu and Metro Manila. The IFC disclosed on Monday, Oct. 14, that it already invested in ALI's up...
Lopez-led First Philippine Industrial Park (FPIP) has entered into a strategic partnership with Converge Information and Communications Technology Solutions Inc. (Converge) to deliver connectivity solutions to the industrial park's 600-hectare hub. First Philippine Holdings (FPH) Chairman and CEO...
Large real estate developers in the country have voiced their support for proposed legislation aimed at extending the Bases Conversion and Development Authority’s (BCDA) corporate term. Filinvest Land Inc. (FLI), Ayala Corp., Megaworld Corp., and Hann Development Corp. have submitted letters of...
Riders looking to inject some excitement into their daily ride now have two new options in the form of the Suzuki Gixxer 155 and Gixxer SF 155. The two Gixxer models come from the same makers of the Hayabusa and the GSX-R, this new line of 155 models come with bold, masculine and big bike looks, as...
SMC Infrastructure and Ayala Greenfield Development Corporation (AGDC), a joint venture between Ayala Land Inc. and the Campos family’s Greenfield Group have broken ground on the Ayala Greenfield Interchange. In a statement, ALI said this is a critical infrastructure project set to improve...
Globe Telecom reported that it has started blocking non-photographic imagery (NPI) of child sexual abuse– those made using artificial intelligence, computer-generated imagery (CGI), animation, cartoon, drawings and other non-live methods. As it ramps up measures against malicious content, Globe...
The PLDT Group’s data center arm VITRO Inc. and ICT service provider HGC Global Communications Limited (HGC) have forged a strategic partnership to enhance data center connectivity in the Philippines. In a statement, PLDT said this partnership, made possible by PLDT Enterprise, the...
Coolaire Consolidated Inc. was recently recognized with the ASEAN Business Award at the ASEAN Business and Investment Summit in Laos, celebrating its enduring legacy of innovation, dedication, service and corporate social responsibility. This reflects Coolaire’s growth over the past five...
Former president Rodrigo Duterte, together with Senator Christopher Lawrence "Bong" Go, recently met with Iglesia Ni Cristo (INC) Executive Minister Eduardo Manalo. (From left to right) Former president Rodrigo Duterte, Iglesia Ni Cristo (INC) Executive Minister Eduardo Manalo and Senator Bong Go....
