Officers and members of the Socorro Bayanihan Services Incorporated (SBSI) led by Jey Rence Quilario, popularly known as Senior Agila, are now being evicted in the 353-hectare Siargao Island Protected Landscape and Seascape (SIPLAS) in Surigao del Norte. This, after the Department of...
The Po family’s Century Pacific Food Inc. (CNFP), one of the leading branded food and beverage companies in the Philippines, reported a 12 percent growth in net income to P5.6 billion last year despite the inflationary environment. In a disclosure to the Philippine Stock Exchange (PSE), the...
Horizon Land, the smart value brand of Federal Land, Inc., celebrated another milestone with the topping off ceremony of the second of three towers of Quantum Residences, marking a pivotal moment in its dedication to providing practical and sensible homes in prime locations for Filipino families....
Businessman Benjamin Bitanga is transferring his privately-held 31.2 percent take in online media platform Rappler Holdings Corporation to his publicly-listed MRC Allied Inc. In a disclosure to the Philippine Stock Exchange (PSE), MRC said it will buy the 31.2 percent interest in Rappler from...
Metro Retail Stores Group Inc. (MRSGI) of Cebu’s Gaisano family has inaugurated and started the operation of its distribution center in Santa Rosa, Laguna as part of the retail firm’s Luzon growth initiative. In a disclosure to the Philippine Stock Exchange, the firm said the Metro Distribution...
Diversified engineering conglomerate DMCI Holdings, Inc. reported that its board of directors has approved cash dividends amounting to P9.56 billion. In a disclosure to the Philippine Stock Exchange, the firm said the cash dividends consist of a regular cash dividend of P0.46 per common share...
Integrated Micro-Electronics Inc. (IMI), the Ayala Group’s semiconductor manufacturing arm, reported that its net loss ballooned to $109.2 million last year, 16 times the loss of $6.8 million in 2022. In a disclosure to the Philippine Stock Exchange (PSE), the firm said its 2023 performance...
San Miguel Foods (SMF), a unit of diversified conglomerate San Miguel Corporation (SMC), and the Department of Science and Technology’s Food and Nutrition Research Institute (DOST-FNRI) have partnered to standardize the NutriBun formulation used in government feeding programs. Nutribun is...
Finance Secretary Ralph G. Recto has commended the Prime Infrastructure Capital Inc. for investing in two big-ticket storage power projects in Luzon. Recto said these investments will help ensure a stable electricity supply for the people and contribute to the country's goal of transitioning to a...
Jetour Auto hopes to further raise the buying public’s standards when it comes to SUVs. The brand recently unveiled two new models that hope to further raise the bar, whether it comes to fuel efficiency or off-road capability. Travel 1,000 km on a single tank The first of which is the Dashing...
Filinvest Cyberparks Inc. (FCI), the office business arm of Filinvest Land Inc. (FLI), is leasing its entire Filinvest Buendia building to the Department of Trade and Industry (DTI). L-R: Sarah Velasquez (FCI Offices Leasing Head), Kristian R. Ablan (DTI Assistant Secretary - Office of the...
The Co family has transferred a majority stake in a firm that owns a hydroelectric plant in Mindoro to their publicly-listed investment holding company Cosco Capital Inc. for P551.88 million. Cosco Capital Chairman Lucio Co In a disclosure to the Philippine Stock Exchange (PSE), Cosco said it has...
