DMCI Homes, the residential developer of DMCI Holdings Inc., is preparing to venture into Cebu City’s booming condominium market, starting with a P20 billion project, as part of its nationwide expansion plan. In a statement, DMCI Homes Vice President for Project Development Dennis Yap said the...
Chemrez Technologies, Inc., a wholly owned subsidiary of D&L Industries, reported that it is already operating its coco-biodiesel plant at optimal capacity after oil firms ramped up their orders to comply with the mandate of a three percent blend (B3) starting October. In an interview during a...
The Po family’s chain restaurant and food service group Shakey's Pizza Asia Ventures Inc. is gearing up to expand in the United States by setting up a wholly-owned subsidiary. In a disclosure to the Philippine Stock Exchange, the firm said its board of directors had approved the incorporation of...
The country’s three mobile network operators (MNOs) have presented a blueprint to Malacañang to reach over 7,000 Geographically Isolated and Disadvantaged Areas (GIDAs) by expanding network infrastructure with new tower builds between 2025 and 2028. In a recent meeting of the Private Sector...
The Consunji Group is considering the sale of a small stake in Cemex Holdings Philippines (CHP) to ensure that the trading if its shares is not suspended and the stock will not be delisted if its public float falls below the minimum 10 percent after its tender offer. The group expects to complete...
CBDI Executive Vice President John Philip Wang (fourth from left) attends Meralco’s ‘Powering a Brighter Tomorrow for Real Estate Developers’ business forum with Meralco Developers Journey Program North Business Area Lead Ryan Vicente (2nd from left), Head of Home and Microbiz – Central...
Jetour Auto Philippines Inc. (JAPI) will participate in the upcoming 4X4 Expo Philippines, taking place from September 27 to 29 at Parklinks in Pasig City. This event brings together off-road enthusiasts, campers, and outdoor adventurers from across the country, providing an ideal platform for JAPI...
Prime Waste Solutions Pampanga Inc. (PWS Pampanga), a subsidiary of Razon-led Prime Infrastructure, has been tapped by the Clark Development Corporation (CDC) as the lone service provider for waste management in Clark, Pampanga. During a memorandum signed last Sept. 16, PWS Pampanga was accredited...
Real estate firm DM Wenceslao Group (DMWAI) has secured power supply for its property development in Paranaque City from MPower, the local retail electricity supplier (RES) subsidiary of power utility giant Manila Electric Company. According to Meralco, the power supply agreement (PSA) signed by...
Smart Communications Inc., the wireless unit of telecom giant PLDT Inc. (PLDT), has expanded its 5G roaming coverage with 171 international telco partners worldwide. “This expansion is aligned with our commitment to ensure that our customers have access to our 5G roaming services wherever they...
The Ayala Group’s Globe Telecom reported that it has successfully held end-to-end satellite SMS customer trial in a remote area with no reception in Zambales through the low-earth orbit (LEO) satellites of partner Lynk Global Inc. The telecommunications firm said this is a milestone in its...
Filinvest Land, Inc. is preparing for another asset infusion into its real estate investment trust Filinvest REIT Corporation (FILRT) by undertaking a P1.55 billion tender offer for its shares in exchange for FILRT stock. In a disclosure to the Philippine Stock Exchange, the firm said its...