Po-led Century Pacific Food, Inc. (CNPF), one of the leading food companies in the Philippines, has renewed its five-year coconut water supply agreement with The Vita Coco Company, Inc., valued at approximately ₱14 billion. In a disclosure to the Philippine Stock Exchange, CNPF stated that the...
Top influencers of investor sentiment this week will be the possible rate cut by the Bangko Sentral ng Pilipinas, overseas Filipino remittances, US-China trade talks, and the increasing tension in the Middle East. “The local market managed to extend its climb last week, backed by optimism on...
Terra Solar Philippines’ (MTerra Solar) ₱200-billion worth solar and battery facility is expected to start operations in the first three months of 2026, according to BDO Unibank, Inc., the biggest lender to the multi-billion-peso project finance facility. Earlier this year, MTerra Solar, a unit...
The Metropolitan Waterworks and Sewerage System (MWSS) has reported an increase in Maynilad Water Services Inc. 's water bills for the third quarter. In a briefing on Friday, June 13, MWSS Regulatory Office (RO) Chief Regulator Patrick Ty shared that Maynilad customers will see a slight uptick...
The Sy family’s flagship SM Investments Corporation and its banking arm, BDO Unibank, led the seven Philippine companies that made it to Forbes Magazine’s 23rd Global 2000, which ranks the largest public companies in the world. SMIC was ranked at No. 811 among the world’s top public...
Currently savoring the positive impact of its recently acquired Compose Coffee in South Korea, Asian food and beverage giant Jollibee Foods Corporation is reportedly acquiring Korean fried chicken chain owner Norang Food for $95 million in August this year. According to The Korea Times,...
DMCI Homes, the residential development arm of Consunji-led DMCI Holdings Inc., sees encouraging signs amid the supply glut in the Metro Manila market as it reports strong buyer engagement and interest in its projects while sales of ready-for-occupancy (RFO) units jumped significantly. DMCI Homes...
Filinvest-ENGIE Renewable Energy Enterprise Inc. (FREE) has completed a three-megawatt-peak (MWp) solar rooftop system for Nexperia Philippines, Inc. in Cabuyao, Laguna, marking a step in expanding its clean energy solutions for industrial clients and supporting the country 's low-carbon...
Maynilad Water Services, Inc. has replaced over 3,293 kilometers of old and aging pipelines in its concession area since 2006 as part of its long-term Non-Revenue Water (NRW) management program to address physical water losses. In a statement, Maynilad said the extensive pipe replacement effort,...
Wilcon Depot, a prominent name in the home improvement and construction supply industry in the country, recently garnered recognition, securing both the Domestic Retailer of the Year and Hardware Retailer of the Year awards at the 2025 Retail Asia Awards held in Singapore. This double win...
Empire East Land Holdings Inc., the middle-income housing unit of Megaworld Corporation, is cautiously optimistic this year despite the oversupply of condominium units for its target market. “Macro indicators show stability and the 2025 midterm elections for higher spending and infrastructure...
SM Hotels and Convention Corp. (SMHCC), the hospitality arm of SM Prime Holdings Inc. (SM Prime), is expanding nationwide with the addition of seven new hotels by the end of 2029. SM Prime said the move will increase the SM property group’s hotel count from 10 to 17 and boost total room inventory...
