East Zone concessionaire Manila Water Company said that La Mesa Dam is approaching its spilling level due to sustained heavy rains. In an advisory on Wednesday, July 24, Manila Water stated that La Mesa Dam is expected to overflow once it reaches the level of 80.15 meters. According to the water...
Investors of SM Prime Holdings Inc. (SMPH) who bought shares during its initial public offering (IPO) in 1994 and held on to them for the next 30 years have now seen their investments balloon by 972.6 percent. (from left): SMPH Executive Committee Chairman Hans T. Sy, SMPH Vice Chairperson...
PLDT Inc. and its wireless unit Smart Communications said they are prepared to extend assistance to those who are faced with challenging conditions due to Typhoon Carina. As of July 23, Tropical Cyclone Wind Signal No. 1 is in effect in parts of Luzon, bringing strong winds and heavy...
Both of the Philippines’ top telecommunications firms, PLDT Inc. and Globe Telecom, are supporting President Ferdinand R. Marcos Jr.'s push for digitalization and connectivity. In a statement, PLDT and its wireless arm Smart Communications Inc. (Smart) said they are reinforcing government...
Vista Land & Lifescapes Inc. is planning to raise about $300 million through wholly-owned subsidiary and an affiliate VLL International Inc. which will issue senior unsecured fixed rate notes under its $2 billion Medium Term Note Programme. In a disclosure to the Philippine Stock Exchange...
Real estate giant Ayala Land Inc. (ALI) has successfully raised P20.5 billion through its pioneering Sustainability-Linked Financing (SLF) Program after securing a loan from the International Finance Corporation (IFC). Management Committee Members and Executives of Ayala Land, Inc., Securities and...
Fiber broadband provider Converge Information and Communications Technology Solutions Inc. and ABS-CBN Corporation’s Sky Cable Corp. have entered into a commercial arrangement that will allow Sky to upgrade its network and improve services to its subscribers. In a disclosure to the Philippine...
Globe Telecom reported that it had blocked access to an increasing number of child pornography and illegal gambling sites as part of its commitment to online safety and protection. In the first half of 2024, Globe said it successfully intercepted 1,718 domains and 190,167 uniform...
Billionaire Henry Sy Jr.’s Data Lake Incorporated and Comclark Network and Technology Corporation of tycoon Dennis Anthony Uy have inked a memorandum of agreement (MOA) to expand the coverage of Starlink in the Philippines. From Left: Data Lake COO Jose Cobarrubias, Data Lake Vice Chairman...
Property giant Ayala Land Inc. reported that its rental leasing unit, Ayala Malls, has reinforced customer data privacy measures to ensure a secure shopping environment across all its properties. In a statement, the firm said that, with increasing attention to data protection, this initiative...
Ayala-led Globe Telecom reported a substantial decrease in bank-related spam and scam SMS in its network due to its rigorous anti-fraud measures and strategic collaborations with major financial institutions. The firm said that, from January to June 2024, it successfully intercepted...
West Zone concessionaire Maynilad Water Services, Inc. plans to invest over half a billion pesos to enhance its water storage capacity by constructing a raw water reservoir. In a statement, Maynilad said it allocated over P686 million to transform the sludge lagoons within La Mesa Compound into an...
