West Zone concessionaire Maynilad Water Services, Inc. has completed the installation of an initial 11.6 kilometers of new sewer lines in Valenzuela City. In a statement, Maynilad said the newly installed sewer lines, located along McArthur Highway in Valenzuela, will expedite the delivery of...
SM Prime Holdings Inc., one of the leading integrated developers in Southeast Asia, is set to raise P25 billion following the setting of the interest rate for its Peso-denominated Fixed Rate Bonds. In a disclosure to the Philippine Stock Exchange, the firm said the bond issuance consists of Series...
SMFB to grow beer, liquor businesses By James A. Loyola San Miguel Food and Beverage Inc. (SMFB), a subsidiary of diversified conglomerate San Miguel Corporation, is confident of boosting sales growth for its beer and liquor businesses. During the firm’s annual stockholders’...
VITRO Inc., a wholly owned subsidiary of ePLDT, has launched its VITRO Partner Network to provide resilient and robust data center infrastructure that complements the IT solutions of its partners. In a statement, PLDT Inc. said Global Sapphire Inc. (GSI), a prominent ICT and management...
DMCI Homes Leisure Residences, the leisure brand of Quadruple A developer DMCI Homes, is spending P6 billion to develop a new residential resort project located in the municipality of Tuba in Benguet to expand its footprint in northern Luzon. In a statement, the firm said the project - Moncello...
Solar Philippines founder Leandro Legarda Leviste has increased his stake in ABS-CBN Corporation to 10 percent—almost enough to entitle him a seat in the multi-media firm’s board of directors. In a disclosure to the Philippine Stock Exchange (PSE), ABS-CBN said Leviste’s LL Holdings Inc....
VisMin developer Cebu Landmasters Inc. is expanding its high-end residential business while biding its time for its planned public offering of shares of its real estate investment trust (REIT) for hotels and commercial properties. CLI Chairman and CEO Jose Soberano III During the firm’s annual...
Tycoon Andrew Tan’s firstborn Kevin Andrew L. Tan has been named president of their holding company Alliance Global Group Inc. (AGI) following the retirement of Kingson U. Sian from leadership roles in AGI, Megaworld Corporation, and Travellers International Hotel Group (TIHGI). Former AGI and...
BDO Unibank Inc. of the SM Group has committed to play its pivotal role in helping fuel national development and economic recovery by offering crucial support to companies amid changing market conditions. In a statement, the bank said it recognizes the expanding opportunities in utilities and...
Diversified engineering conglomerate DMCI Holdings Inc. reported that it has been awarded four prestigious titles at the 14th Asian Excellence Awards for its outstanding leadership, financial performance and commitment to investor relations. In a disclosure to the Philippine Stock Exchange...
Publicly-listed nickel mining firm NiHAO Mineral Resources International Inc. reported that its wholly-owned subsidiary Mina Tierra Gracia Inc. (MTGI) has entered into an operating agreement with Sorentomines Inc. In a disclosure to the Philippine Stock Exchange (PSE), NiHAO said the...
GCash, the country’s leading finance app, and its partner AB Capital Securities Inc. (ABSCI) has lifted the P20 broker’s commission fee in GStocks PH in a bid to further boost retail investor trading activity in the local stock market. In a statement, the firm said GStocks PH now offers a...
