West Zone concessionaire Maynilad Water Services, Inc. (Maynilad) has plugged more than 28,000 pipe leaks in the first half of 2024, bringing the company’s total number of leaks repaired to 523,111 since 2007 when it inherited one of the oldest pipe networks in Asia upon...
Union Bank of the Philippines (UnionBank) is infusing an additional capital of up to P1.6 billion in subsidiary UnionDigital Bank Inc. which has been reported to be booking losses recently. In a disclosure to the Philippine Stock Exchange (PSE), the bank said its board of directors approved the...
Coolaire Consolidated Inc., the leading provider of the country’s most widely used refrigeration systems, just recently celebrated its 55th anniversary with a press conference and campaign launch held at Quezon City. Introducing their new campaign, “Preserving Your Dreams,” the event...
Asticom Technology Inc. and GTI Telecom, both part of the Globe Telecom ecosystem, have entered into a strategic partnership to expand Asticom’s global reach, with a focus on the United States and Singapore markets. This move underscores Asticom and GTI’s shared vision of harnessing their...
Property giant Ayala Land Inc. reported to be raising about P2.7 billion from the sale of shares in its real estate investment trust AREIT Inc. in preparation for another asset injection. According to Abacus Securities Corporation, “Ayala Land is unexpectedly placing out an additional 75 million...
East zone concessionaire Manila Water Co. Inc. is conducting maintenance works at its Marikina North Sewage Plant and Terminal Pumping Station to improve the plant's capacity, redundancy, and compliance with environmental standards. In a statement, Manila Water said on Friday, Sept. 20, that the...
Publicly-listed niche property developer Haus Talk Inc. expects to generate P9 billion in sales from the developoment of a P1 billion property it has acquired from Liberty Flour Mills Inc. In a disclosure to the Philippine Stock Exchange, Haus Talk said its Board of Directors has approved the...
A young local stock brokerage, Luna Securities, Inc., is upping the ante in the competitive industry by slashing down its broker’s commission to an industry best rate of 0.12 percent to all of its clients, account holders and users of its trading app. In a media event, the company launched its...
Smart Communications, Inc. (Smart) announced on Thursday, Sept. 19, that some customers in parts of Metro Manila, North Luzon, and South Luzon may still experience intermittent voice and SMS services. This update follows an earlier advisory indicating that services had returned to normal as of 2:00...
The U.S. District Court for Central District of California granted final approval to PLDT’s case-ending settlement of securities class action litigation last Sept. 17, 2024. In a disclosure to the Philippine Stock Exchange, the telco giant said the class action commenced in 2023 against PLDT and...
Smart Communications, Inc. (Smart) said that some subscribers may experience intermittent service disruptions due to power issue at one of its facilities. In an advisory issued Wednesday night, Sept. 18, the Smart confirmed that the power outage is affecting service stability for certain...
The Securities and Exchange Commission (SEC) has revoked the corporate registration of Boracay Capital Holdings Inc. after it was found to be offering securities to the public without the necessary licenses from the Commission. In an order dated Sept. 4, 2024, the SEC Enforcement and Investor...
