Arlene Jacosalem, vice president of Finance of Communiity Creators Inc.; Rowena Ignacio, vice president for Sales; and Jose Dalida, vice president and COO Last July 20, Community Creators, Inc. (CCI) welcomed its valued clients and guests to a special Investors night hosted by Amiya Raya’s...
The Philippine Stock Exchange’s benchmark, the PSEi, is seen to end the year at the 7,000 level as a favorable economic landscape is unfolding with lower interest rates and an easing inflation rate. “Our bottom-up analysis suggests a target of 7,000 for the PSEi in 2024, implying a...
PLDT Inc. (PLDT) and its wireless unit Smart Communications, Inc. (Smart) are warning its customers against vishing, or phishing over voice calls, after the activation of a new firewall blocked scammers from doing SMShing, or phishing over SMS. “Criminals are quick to adapt. Now that our new...
Giant lender BDO Unibank Inc. has extended P5.6 billion project funding to the 197-megawatt Tuy solar project of Saavedra-led Citicore Renewable Energy Corporation (CREC), a Filipino firm that is calculatedly cementing its stature to become the biggest solar farm developer in the country with its...
The Consunji family’s privately-held holding company Dacon Corporation is infusing P10 billion into DMCI Holdings Inc. via a private placement of convertible Class B preferred shares to fund the acquisition of the majority stake in Cemex Holdings Philippines Inc. (CHP). In a disclosure to the...
Zobel-led Ayala Corporation disclosed that it is paying P22.4 billion for the acquisition of an additional eight percent of Globe Fintech Innovations, Inc. (Mynt), the operator of the GCash platform, from existing shareholders. In a disclosure to the Philippine Stock Exchange providing final...
As the new school year unfolds, Vista Land, one of the Philippines’ leading integrated property developers and the country’s largest homebuilder, continues its commitment to education by expanding its community-focused initiatives. Vista Land has launched a campaign aimed at further enhancing...
FDC Green Energy Corporation, a subsidiary of FDC Utilities, Inc. (FDCUI) of Gotianun-led Filinvest Development Corp., is poised to advance to construction phase its 20.75-megawatt solar farm project following groundbreaking rites at its PHIVIDEC Industrial Estate project site in Misamis Oriental ....
Max’s Group, Inc. (MGI), an owner of several casual dining chains, reported a 33.3 percent drop in net income to P164 million in the first half of the year from the P246 million earned in the same period last year as costs rose while sales remained flat. Based on the firm’s financial report...
DMCI Homes, the residential property development unit of DMCI Holdings Inc., reported that its joint venture with Marubeni Corporation generated P4 billion in reservation sales in just six months of operation. From its January 2024 launch until June this year, 343, or 29 percent of the 1,191...
EASYCALL COMMUNICATIONS PHILIPPINES, INC. will be conducting its annual meeting of stockholders on September 06 at 10:00 A.M. through hybrid set-up; in person and remote communication via videoconferencing. The details and link to the virtual meeting will be provided via email to...
With leaner aggregate revenues logged in the six-month stretch, the net income of Alsons Consolidated Resources Inc. (ACR) in the first half had declined by roughly 10% to P1.06 billion from the year-ago level of P1.17 billion. If reckoned solely on second quarter performance, the company’s...