Nissan gives the Almera some more sporty appeal with the arrival of the VL Sport variant. This new variant brings a fresh, sporty look, with exclusive trim not found in other variants. The exterior of the Almera VL Sport features a gloss black front grille with a Sport badge, along with a sleek...
Razon-led Manila Water Co. announced that it will construct the San Mateo-Rodriguez Sewerage System (SMR) to upgrade its wastewater services in Metro Manila’s east zone. In a statement, the concessionaire said it is investing P1.6 billion in SMR Package 1A, which started earlier this year. This...
The P1.55 billion tender offer of Filinvest Land, Inc. for its shares in exchange for shares of its real estate investment trust, Filinvest REIT Corporation (FILRT), will start next week. In a disclosure to the Philippine Stock Exchange, FLI said the tender offer will run from Oct. 7 to Nov....
The Ayala Group’s manufacturing arm Integrated Micro-Electronics Inc. (IMI) is rationalizing its overseas operations, including the closure or downsizing of offices in some countries, in a bid to reduce costs. In a disclosure to the Philippine Stock Exchange (PSE), the firm said it has made...
Maynilad Water Services, Inc. has recovered approximately 560,000 cubic meters of potable water lost due to illegal connections—enough to meet the daily needs of around 3,500 customers. In a statement, the West Zone concessionaire said that this recovery occurred within the first eight...
Fuel distributor and retail company Unioil Petroleum Philippines, Inc. has expanded its terminal operations from Luzon to Cebu, aiming to provide accessible and cleaner oil in the Visayas region. In a statement, Unioil announced the opening of its new fuel terminal in Brgy. San Isidro, San...
Smart Communications Inc. and Maya, the top digital bank in the Philippines, are urging the public to stay vigilant against the rising threat of “text hijacking” scams. The firm said these fraudulent messages mimic trusted companies like Smart and Maya, tricking unsuspecting users...
PLDT Inc., Manila Electric Company (Meralco), and Metro Pacific Investments Corporation are infusing a total of P570 million into DigiCo which is investing the same amount for a stake in Bayad Center and Multipay Corporation. In disclosures to the Philippine Stock Exchange (PSE), PLDT, Meralco, and...
Golden MV Holdings, Inc., a publicly-listed firm controlled by billionaire Manuel B. Villar Jr., has acquired 396.88 hectares of prime land in Villar City for P5.2 billion. In a disclosure to the Philippine Stock Exchange, the firm said its board of directors has approved the acquisition of three...
From left: Atty. Pedro H. Maniego, Jr., Institute of Corporate Directors Chairman; Atty. Roel A. Refran, PSE EVP and COO; Atty. Marisalve Ciocson-Co, Globe's Chief Compliance Officer, SVP for Legal and Compliance and Assistant Corporate Secretary; Atty. Emilio B. Aquino, SEC...
The Consunji family’s privately-held investment holding company Dacon Corporation is planning to kick off its P1.94 billion tender offer for the minority shares of Cemex Holdings Philippines Inc. (CHP) next month. In a disclosure to the Philippine Stock Exchange, CHP said it has received a copy...
Housing developer 8990 Holdings Inc., through its wholly-owned subsidiary 8990 Housing Development Corporation, has signed an agreement with the Quezon City local government to build a four tower project. In a statement, the firm said it has signed a Memorandum of Agreement with the local...