ILOILO CITY – Graft and corruption charges have been filed against key officials of the Department of Public Works and Highways-6 for allegedly rigging the bidding process in favor of Iloilo-based International Builders Corp. (IBC), the biggest contractor in Western Visayas region. The complaint...
Dedicated to developing luxury, integrated lifestyle destinations, Hann Philippines Inc. (HPI) is forging ahead with bold development projects in its bid to become the leading integrated resort developer in the country. Hann Casino is the first integrated resort in Clark Freeport Zone. HPI is the...
GMA Network Inc., the country’s top broadcast network, is taking steps to recover its ratings and profitability, on air and in the digital space, after seeing its earnings drop by 35 percent last year. “Efforts are underway to address the dip in our TV ratings as we work toward further...
Sun Life Philippines, the local unit of Sun Life of Canada, Inc., led the life insurance industry in the first quarter of 2025 by posting a premium income of ₱15.1 billion — the highest total premium recorded across the sector during this period, the company announced Tuesday. “This...
Leading real estate developer has been ranked at 40th spot in the Top Philippine Growth Champions 2025 – a ranking produced by the partnership of local newspaper Philippine Daily Inquirer and research group Statista. The Top Philippine Growth Champions 2025 is an annual list that ranks 50...
Tycoon Dr. Andrew Tan has bought another ₱333-million worth of shares of Emperador Inc. from the market, bringing his two-day purchase total to ₱666 million. The move aims to reduce the company’s public float and bring it closer to the 20-percent minimum public ownership requirement. In a...
The Securities and Exchange Commission has approved the merger of Uniholdings Inc. (formerly Chemical Industries of the Philippines Inc.) with six companies and its capital increase to pave the way of the backdoor listing of the Unioil group’s real estate firms. At the company’s Annual...
Sy-led SM Prime Holdings, Inc., one of Southeast Asia’s largest integrated property developers, is investing ₱1.7 billion for the construction of SMX Center for International Trade and Exhibitions (SMXCITE) — a large-scale venue rising within the SM Mall of Asia (MOA) Complex. The firm said...
Globe Telecom Inc. is ramping up its efforts to make reliable, high-speed internet accessible to more households by focusing on the expansion of its fiber and 5G technologies. In a statement, Globe President and Chief Executive Officer (CEO) Carlos Cruz said the telecommunications giant is striving...
Real estate giant Ayala Land Inc. reported a strong market debut for Southmont Central, a newly-launched district within the 800- hectare Southmont estate in Cavite. The Zobel-led developers said 43 percent of Southmont Central’s inventory sold on the first day, underscoring investor confidence...
Therma South, Inc. (TSI), an Aboitiz Power Corporation subsidiary, recently released 67 hatchlings from the first of five sea turtle (pawikan) nests found along the shoreline of the power plant in Binugao, Toril, Davao City. TSI team members, local barangay officials, and experts from Ridge to Reef...
Aseana City developer D.M. Wenceslao and Associates, Inc. (DMW) has started construction of the first phase of Aseana Plaza, a landmark office development that will be the company’s largest commercial project to date. As its latest addition to Aseana City, the firm said in a disclosure that...
