Hyundai Motor Philippines Inc. (HMPH) is bringing back one of its most stylish and practical models, the Venue entry SUV. D esigned to deliver sleek style, reliable performance, and everyday versatility, i t combines quality engineering along with innovative design and smart technologies. The...
Aboitiz Equity Ventures Inc. (AEV), the investment arm of the Aboitiz Group, announced that its 40-percent-owned affiliate Coca-Cola Europacific Aboitiz Philippines (CCEAP) is building its largest Philippine plant at TARI Estate in Tarlac City. CCEAP’s state-of-the-art, 42-hectare (ha)...
Ayala Land Premier reported brisk sales for its newest luxury development, Laurean Residences, with reservations already amounting to almost ₱8 billion even before its official launch. In a statement, Ayala Land Inc. said this underscores the enduring strength of demand in the country’s premium...
The Sy family’s flagship SM Investments Corp. is selling a prime lot near Malacañan in Manila to its property development arm, SM Prime Holdings Inc., while preparing a corporate vehicle for its first premium residential project under the newly launched Signature Series brand. In a disclosure to...
Water bills are changing for millions of customers this quarter, as Maynilad Water Services Inc. implements rate increase and Manila Water Co. rolls back its charges, the Metropolitan Waterworks and Sewerage System (MWSS) announced. MWSS chief regulator Patrick Lester Ty reported on Friday, Sept....
Globe Telecom Inc. has signed a term loan facility of ₱5 billion with Bank of Commerce (BankCom), the banking arm of San Miguel Corp., to bankroll expansion projects and other financing needs. In a disclosure to the Philippine Stock Exchange (PSE), the Ayala-led telecommunications giant said the...
Saavedra-led Megawide Construction Corp. is firming up its balance sheet after parent company Citicore Holdings Investment Inc. (CHII) and sister company Citicore Power Inc. (CPI) paid back ₱9.4 billion for advances made by the engineering firm in 2016. In a disclosure to the Philippine Stock...
Sy-led SM Prime Holdings, Inc., one of Southeast Asia’s largest integrated property developers, has successfully raised $350 million from its inaugural US dollar-denominated debt offering in the bond market. The firm informed the Philippine Stock Exchange that it has priced the drawdown from its...
The country’s electronic exports is projected to remain flat with a potential to undergo a modest one to two percent growth this year, even if the United States (US) moves to impose high tariffs against foreign-made conductors. Semiconductor and Electronics Industries in the Philippines...
Banking on the recovery of the physical gaming market, Travellers International Hotel Group Inc. and its minority partner Suntrust Resorts Holdings Inc. are investing $300 million to $450 million to complete the $1.25 billion Westside Integrated Resort. In an interview, Travellers International...
Global Ferronickel Holdings Inc. (FNI) is urging the release of its embattled chairman, Joseph Sy, who continues to be detained in the Bureau of Immigration (BI) facility in Bicutan, Taguig City. In a stock exchange filing on Tuesday, Sept. 9, FNI reported that the Regional Trial Court (RTC) of...
The Philippine Coconut Authority (PCA) recently recognized D&L Industries’ wholly owned subsidiary Chemrez Technologies, Inc. at the inaugural Coconut Industry Sustainability (COINS) Awards. Chemrez received awards as the Most Diversified and Innovative Firm in the Philippine coconut industry as...
