VisMin property developer Cebu Landmasters Inc. (CLI) has further expanded its hospitality portfolio with the opening of lyf Cebu City, its third operational hotel. In a disclosure to the Philippine Stock Exchange (PSE), the firm said lyf Cebu City is designed to serve young travelers looking to...
The much-awaited giant initial public offerings (IPOs) of SM Prime Holdings’ real estate investment trust and Prime Infrastructure Inc. of billionaire Enrique K. Razon Jr. may not happen this year. In an online briefing, Abacus Securities Corporation Research Head Raymond Neil "Nicky" Franco...
2GO Group Inc. is supporting the growth of micro, small and medium-sized enterprises (MSMEs) with the introduction of 2GO Getters, a “community of MSMEs, start-up companies and anyone who aspire to build their business empires in need of delivery services.” The logistics arm of the SM...
MRC Allied Inc. is investing an initial P75 million to acquire controlling ownership of Bitstar Prime Holdings Inc. which will be its corporate vehicle for its telecommunication and broadband business. In a disclosure to the Philippine Stock Exchange, MRC said its Board of Directors has approved...
Listed technology firm Xurpas Inc. has recently launched its new artificial intelligence and data science unit Xurpas AI Lab (XAIL) to ride the AI wave sweeping the globe. In a disclosure to the Philippine Stock Exchange, Xurpas said AI is presently making its way into industries around the world...
There is no doubt that Jetour got it right with the Dashing’s look. Its Euro-inspired vibe feels like a mix between an Urus and a Macan, and that big macho body — even though it is classified as a compact crossover — exudes power and confidence. I cannot fault you for falling in love at first...
Suzuki Philippines is kicking off 2024 with special offers on two of their standout cars: the Ertiga Hybrid and the S-Presso. From now until the month's end, Suzuki is rolling out rdeals for both loyal fans and first-time buyers. Opt for the Ertiga Hybrid or the compact S-Presso and enjoy hefty...
Real estate giant Ayala Land Inc. is aiming to double its business in five years from its 2022 level as it aims to aggressively expand this year based on its positive outlook for 2024. In an interview, ALI President and CEO Anna Ma. Margarita Bautista-Dy said they are maintaining their positive...
DAVAO CITY – The Davao City Water District (DCWD) reported on January 9, Tuesday, before the city council’s first regular session that their bulk water supply project has been operating in six areas here since last month. The DCWD and the Apo Agua Infrastructura Inc. said in a joint statement...
DMCI Holdings Inc. is maintaining a cautiously optimistic outlook for 2024 even as the previous year was fairly good for the diversified engineering conglomerate despite being beset by global market uncertainties, volatile prices, and high interest rates. In a disclosure to the Philippine Stock...
The Bangko Sentral ng Pilipinas (BSP) has included OmniPay, Inc. in the roster of financial institutions that settle high value transactions safely and instantly through the BSP-owned and operated PhilPaSSplus. In a statement, the BSP said OmniPay, Inc. became the first non-bank electronic...
BDO Unibank, Inc., a member of the Sy family’s SM Group, is again issuing Peso-denominated Fixed-Rate ASEAN Sustainability Bonds with a minimum aggregate size of P5 billion. In a disclosure to the Philippine Stock Exchange, the bank said the net proceeds of the latest issuance will be used...
