Mitsubishi UFJ Financial Group (MUFG) and Ayala Corporation are acquiring fresh stakes in Globe Fintech Innovations, Inc. (Mynt), in a deal that more than doubled the valuation of the parent company of GCash to $5 billion (P286.4 billion) from $2 billion in 2021. In disclosures to the Philippine...
ALTA Realty owner Raymond Valero with NextAsia executives NextAsia is thrilled to announce the launch of Florence Lipa, a groundbreaking new development situated in Barangay Plaridel, Lipa City, Batangas. This prime location is poised to become a cornerstone of modern living in the region. Florence...
Aboitiz Power Corporation subsidiary Therma South, Inc. (TSI) recently released 84 olive ridley sea turtle or pawikan hatchlings following the nesting of 120 eggs along the power plant's coastline in Davao del Sur last March. In total, TSI and the Environmental Management Bureau, along with...
PLDT Inc.’s ICT subsidiary ePLDT has teamed up with Genesys, a global cloud leader in AI-powered experience orchestration, to offer cloud-based solutions that will help businesses create a more personalized customer experience and boost workforce efficiency. Powered by the...
Sy family-led BDO Unibank has advised its customers about the upcoming deactivation of the old BDO Digital Banking app. In an advisory on Wednesday, July 31, the country’s largest bank by assets said its customers must transition to the new BDO Online banking app before Aug. 19, 2024....
Globe Telecom is rolling out six new cell towers in Lapu-Lapu City to boost connectivity in the thriving island of Mactan. The firm said in a statement that the towers are strategically positioned to uplift local tourism and improve livelihood and quality of life for residents. The additional...
Ayala Land, Inc. (ALI) and Eton Properties have recently unveiled the Dr. Lucio Tan Sr. Avenue in Parklinks Estate. This thoroughfare serves as the main access road, connecting the various components of the development and providing visitors and future residents with convenient accessibility. ...
MyTown Co-Living, a network of 14 residential facilities strategically located near Taguig’s Bonifacio Global City (BGC) and the Makati Central Business District, is redefining urban living for young professionals in the area. Founded in 2012 by Philippines Urban Living Solutions, Inc....
Real estate developer NextAsia Land Inc. unveiled its ambitious 2024 plans during a press conference at Shangri-La The Fort, Manila, in May 2024. The company announced the simultaneous launch of three projects: Estonia in Calamba City, Laguna; Florence in Lipa City, Batangas; and Cyprus in Calauan,...
Wilcon Depot Inc., the Philippines’ leading home improvement and finishing construction supplies retailer, posted a 16.9 percent year-on-year drop in net income to P1.51 billion in the first half of 2024 as operating expenses grew faster than net sales. In a disclosure to the Philippine Stock...
OceanaGold (Philippines) Inc. reported that its net profit fell 40 percent to $25.7 million in the first half of 2024 from the $42.6 million earned in the same period last year. “This was primarily driven by lower Adjusted EBITDA (earnings before interest, taxes, depreciation, and amortization),...
The devastating impact of Typhoon Carina has left countless individuals and families grappling with the aftermath. Suzuki recognizes the vital role motorcycles play in the lives of many, serving as transportation and livelihood. In light of this, the company is committed to support its valued...
