Century Properties Group, Inc. is moving forward with its horizontal affordable housing expansion plans this year after it registered strong sales growth in the first semester. During the firm’s annual stockholders’ meeting, CPG President and Chief Executive Officer Marco R. Antonio...
The country's fixed and mobile internet speeds have more than doubled between June 2020 and June 2021, according to the latest Speedtest Global Index by Ookla. In June 2021, average mobile internet download speeds in the country stood at 32.84 Mbps, twice as fast as the speeds posted in the same...
Since it’s maiden public offering 30 years ago, the market capitalization of real estate giant Ayala Land Inc. has ballooned to over P500 billion from P42 billion, making ALI among the largest companies in the Philippine Stock Exchange Index. The Philippine Stock Exchange, Inc. (PSE) and ALI have...
Globe Telecom Inc. secured a total of 1,451 permits from local government units (LGUs) in the first half of the year, hastening network builds in more underserved areas. “Getting these permits have always been a challenge before," Globe SVP for Program Delivery Network Technical Group Joel...
Fruitas Holdings, Inc. is confident that its business will keep up its 2021 recovery momentum even as new protocols may emerge because of the potential spread of the Delta variant of COVID-19 virus. 20824 In a disclosure to the Philippine Stock Exchange, the firm said this confidence is rooted in...
Filinvest REIT Corp. (FILREIT), formerly Cyberzone Properties, Inc. and a real estate investment trust (REIT), has pegged the final offer price of its initial public offering at P7.00 per share. In a disclosure to the Philippine Stock Exchange, the firm said the offer price is set at the mid-point...
Century Properties Group Inc. has launched its own vaccination drive to protect its 5,000 employees plus their dependents against COVID-19 after acquiring a total of 26,000 doses of various vaccines. In a statement, the firm said it has launched the CPG VacciNATION: Covid-Protect our Generation...
The Joint Foreign Chambers (JFC) expressed optimism that Congress will approve the Open Access in Data Transmission bill during its Third Regular session stressing the legislative will bridge critical gaps in broadband infrastructure by attracting more firms to invest in the data transmission and...
Globe Telecom is asking the Philippine Stock Exchange to suspend the trading of its Series A Non-Voting Perpetual Preferred Shares (GLOPP) as these will be redeemed on August 22, 2021. 092716_globe In its request for voluntary trading suspension, Globe said the shares shall be redeemed at the...
The Securities and Exchange Commission (SEC) has conditionally approved the planned P44.07 billion initial public offering (IPO) of Del Monte Philippines, Inc. (DMPI). The Commission En Banc resolved to render effective the registration statement of DMPI covering 2.8 billion common shares to be...
Two Philippine companies top the 2021 Best Workplaces in Asia list in two different categories, while seven others join other Asian companies to complete the 2021 roster. In a statement, Best Workplaces said that Canva Philippines, the online design company founded by Filipino-Australian...
Some 16 local and foreign business groups have strongly urged for the immediate enactment of the proposed Financial Consumer Protection (FCP) Act, which seeks to protect consumers amidst the growing complexity in financial services, especially digital services. In a statement the business group...
