SM Prime Holdings Inc., one of the leading integrated property developers in Southeast Asia, brought to life the company's long-running commitment to sustainability with the internal launch of its #SMWasteFreeFuture program on April 22, 2024, at the SM Prime Headquarters Office, Pasay City, in time...
The Consunji Group has sealed the deal to acquire a controlling 89.86 percent of Cemex Holdings Philippines Inc. (CHP), the fourth largest cement manufacturer in the country, for $305.6 million in cash after weeks of stock market speculation. In a disclosure posted by the Philippine Stock Exchange...
AyalaLand Logistics Holdings Corp. (ALLHC), the subsidiary of Ayala Land, Inc. (ALI) focused on the development of industrial properties, is planning to double its current cold storage capacity by 2025 as demand from importers continue to grow. ALLHC President and CEO Robert S. Lao ...
DAVAO CITY – Nineteen law graduates of the Rizal Memorial College (RMC) Inc. here who hurdled the 2023 Bar examinations received on Tuesday, April 23, a total of P700,000 in incentives from the school. They are: 1. Lisley Gem Amores 2. Lemuel Atup 3. John Benjamin Belen 4. Dante Calamba 5. Alyssa...
Razon-led Manila Water Co. Inc. has passed the stringent requirements set by the Department of Health’s (DOH) Philippine National Standards for Drinking Water (PNSDW). In a statement, Manila Water said the East Zone concessionaire's compliance with the PNSDW ensures that its 7.6 million customers...
The Ayala Group’s real estate investment trust AREIT Inc. expressed confidence of being able to maintain its high occupancy rate of 97 percent despite excess supply in the office market which has resulted in a substantial vacancy rate in the industry. During the firm’s annual...
The Securities and Exchange Commission (SEC) has revoked the lending license of Copperstone Lending Inc. for its unfair debt collection practices and its failure to disclose the true and correct terms of loan contracts with borrowers. In a statement, the SEC said Copperstone Lending operates...
SM Prime Holdings Inc., one of the largest integrated developers in Southeast Asia, reported that its Board of Directors has approved the declaration of cash dividends amounting to P10 billion. In a disclosure to the Philippine Stock Exchange (PSE), the firm said the dividend is equivalent to...
The Sy family-controlled SM Prime Holdings Inc., one of the leading integrated property developers in Southeast Asia, is not likely to push through with the $1 billion initial public offering (IPO) of its real estate investment trust this year due to adverse market conditions. SM Prime President...
On the third week of April, the United Architects of the Philippines (UAP) made new stories again by hosting its 49th UAP NATCON and CONEX 2024 at the SMX Convention Center in Manila. This year's CONEX theme, "Organizing Outstanding Opportunities," reflects UAP's commitment to providing architects...
The Philippine subsidiary of Japanese electronic giant Murata Inc. has renewed its power supply agreement (PSA) with Lopez-led First Gen Corporation for the provision of electricity services at its manufacturing facility in Batangas. First Gen emphasized that the supply to be delivered to...
Century Properties Group Inc. (CPG) reported that its strong credit rating of “AA+” has been reaffirmed by Credit Rating and Investors Services Philippines Inc. (CRISP) due to its sustained market position and continued revenue growth. In a statement, CPG said the rating agency stated that...
