Smart Communications, Inc. (Smart) is launching its 5G roaming services in the United States with AT&T. The telco currently has 5G roaming services in 16 countries, with 22 international partners. Smart’s partnership with AT&T – the leading mobile services provider in the U.S. –...
Real estate giant Ayala Land Inc. (ALI) reported a 36 percent drop in net income to P2.8 billion in the first quarter of the year as it continued to weather the impact of the ongoing COVID-19 pandemic on its operations. In a disclosure to the Philippine Stock Exchange, the firm said it registered a...
Philippine National Volleyball Federation Inc. (PNVF) board member Tony Liao said players that were absent from the recent tryouts could still make it to the national team being formed for the 31 st Southeast Asian Games late this year. This came after PNVF president Tats Suzara stressed that...
Cavite-Laguna Expressway (CALAX) Subsection 5, targeted to open to motorists in the third quarter of 2021, is 93 per cent complete, MPCALA Holdings Inc. Friday, (April 30) announced. Subsection 5 is a 7.2km, 2x2 lane expressway linking Sta. Rosa-Tagaytay Interchange to Silang East Interchange....
The prospective bidders in the 650-megawatt Malaya thermal power plant had been trimmed to two companies, from originally 4 to 5 companies, but state-run Power Sector Assets and Liabilities Management Corporation (PSALM) said it is still keen on divesting the facility via a negotiated deal by May 7...
Integrated Micro-Electronics, Inc. (IMI), the manufacturing arm of the Ayala group, reported a turnaround with an attributable net profit of US$2.2 million in the first quarter of the year from a net loss of US$5.57 million in the same period of 2020. In a disclosure to the Philippine Stock...
Home and finishing construction supply retailer Wilcon Depot, Inc. reported an 84 percent surge in net income to P604 million in the first quarter of the year from the P328 million earned in the same period of 2020. In a disclosure to the Philippine Stock Exchange, the firm said “The improvement...
The summer heat has pushed water demand in a lot of areas in the metropolis, causing the water level in the Bagbag reservoir – which is Maynilad Water Services Inc.’s biggest reservoir – to decline, which eventually led to rotational service interruptions. This prompted Metropolitan...
Metropolitan Waterworks and Sewerage System (MWSS) hopes that its new concession agreement with west zone concessionaire Maynilad Water Services Inc. will soon be released as this is “critical” in implementing projects for water security. In a statement, MWSS Chairman and Acting Administrator...
While conservation works initiated by the Escuela Taller de Filipinas Foundation, Inc . on heritage structures continued amid the coronavirus disease (COVID-19) pandemic, its training program had to take a backseat. (Photo courtesy of Escuela Taller de Filipinas Foundation, Inc. Facebook Page) The...
Shareholders of Del Monte Philippines, Inc. (DMPI) are planning to raise up to P44 billion through an initial public offering of shares they own that are equivalent to 28.75 percent of the company. Based on the registration statement filed with the Securities and Exchange Commission,publicly-listed...
The Philippine National Volleyball Federation Inc. (PNVF) kicks off its 31 st Southeast Asian Games preparations by holding tryouts for indoor and beach volleyball teams starting Wednesday, April 28, at the Subic Bay Metropolitan Authority. The tryouts will be held for one day for each team,...
