Metropolitan Waterworks and Sewerage System (MWSS) said watershed is the “lifeline” of the country’s water supply system, but the Department of Environment and Natural Resources (DENR) admitted there isn’t enough government budget to even set up a watershed management information system....
Another notice-to-proceed (NTP) permit was granted by the Department of Energy (DOE) for the installation of an offshore liquefied natural gas (LNG) import facility for a total of six ventures approved so far. Approved is Vires Energy Corporation, which was acquired last year of Filipino listed...
AREIT Inc., Ayala Land’s pioneering Real Estate Investment Trust (REIT) is primed for growth and expansion after its shareholders approved an increase in its capital and the infusion of new assets. During AREIT’s first Annual Stockholders’ Meeting, stockholders approved the increase in the...
Global-Estate Resorts, Inc. (GERI), the Philippines’ leading developer of master-planned integrated tourism estates, generated P12 billion from the sale of residential projects but 2020 net income was still lower due to the pandemic. In a statement, the firm aid it sold P4.22 billion worth of...
The Philippine Stock Exchange has approved the stock offerings of Monde Nissin Corporation and AC Energy Corporation which, combined, will raise up to P88.9 billion from the equities market in May. For its initial public offering (IPO), Monde Nissin Corporation will be raising up to P72.45 billion....
Filinvest Land, Inc. (FLI), the property arm of Filinvest Development Corporation (FDC), is banking on its P190 billion worth of projects in the pipeline, including new products to be launched, as part of its medium-term strategies. During the firm’s virtual Annual...
The Securities and Exchange Commission (SEC) has canceled the corporate registration of Bill Ford VIP Trading, Inc. which has been found to have engaged in unauthorized investment activities resembling a Ponzi scheme. In an order, the SEC Enforcement and Investor Protection Department (EIPD)...
Smart Communications, Inc. (Smart) has released its long-awaited “Live Your Passion with Purpose” campaign headlined by the world’s leading pop icon, BTS. The partnership also heralds Smart’s first collaboration with the Grammy-nominated artists managed by HYBE, formerly known as Big Hit...
Even without a new concession agreement (CA) with Metropolitan Waterworks and Sewerage System (MWSS), Maynilad Water Services Inc. already began preparing for its five-year plan under the next rate rebasing period. In a virtual briefing on Thursday, Maynilad President and Chief Executive Officer...
Vista Land & Lifescapes, Inc., one of the country’s leading integrated property developers and the largest homebuilder, reported a 45 percent decline in consolidated net income to P6.4 billion last year due to the impact of the pandemic. In a disclosure to the Philippine Stock...
Moringa or malunggay has been a backyard garden staple in many Filipino homes because of its nutritional benefits and adaptability to local conditions. In celebration of Filipino Food Month this April, an online series of talks called the “Philippines on a Plate”, tackles different crops...
Property giant Ayala Land Inc. (ALI) is aiming for a V-shaped recovery although it may take two to three years to be able to perform as well as it had in 2019, before the COVID-19 pandemic struck. “We are working towards a V-shape recovery and I am confident that we have the institutional...
