DMCI Holdings Inc. reported that more than 4,100 DMCI Group employees and workers have received their first dose of a COVID-19 vaccine in partnership with various local government units (LGUs), ICTSI Foundation and Reliance United. A D.M. Consunji, Inc. employee receives a Moderna shot from a...
GrowSari, a Philippine B2B E-commerce player, has raised US$30 million in funding to date from global marquee investors including China’s Tencent, International Finance Corporation, and the Gokongwei Group. 17716 Founded in 2016, GrowSari is a tech-enabled B2B platform that outfits Philippine...
PHINMA Education’s Laguna Network has partnered with local microfinance institution Center for Agriculture and Rural Development Mutually Reinforcing Institutions (CARD MRI) to bring accessible, quality education to underserved students in Laguna and neighboring provinces. In a statement, PHINMA...
Real estate giant Ayala Land Inc. is spending close to P90 billion for its share of a new estate at the South Road Properties in Cebu City which it will be jointly developing with SM Prime Holdings Inc. ALI Senior Vice President and Ayala Land Estates Group Head Anna Ma. Margarita "Meean" B. Dy In...
Housing developer 8990 Holdings, Inc. is planning to launch its P10.4 billion Urban Deca Tower Cubao, designed for end-users who are eyeing to buy their first home, in the second half of 2021. In a disclosure to the Philippine Stock Exchange, the firm said the project is located along EDSA...
PAL Holdings Inc. (PHI) Thursday, (June 17) reported a net comprehensive loss of P73 billion on total revenues of P55.3 billion and total expenses of P81.8 billion for the 2020 calendar year. PAL Holdings managed to reduce its expenses by 46 percent versus 2019. However, this was offset by a 64...
Metrobank and GT Capital Holdings Inc. Group are expecting 400,000 doses of COVID-19 vaccines that will be made available for employees of each of the Ty-led group of companies, which includes Toyota Motor Philippines, Federal Land, AXA Philippines, Philippine Savings Bank among others. The...
Empire East Land Holdings, Inc., a unit of Megaworld Corporation, remains optimistic as it reported an 8.3 percent improvement in total booked sales to P4.26 billion last year even though net income was pulled down to P524 million by the pandemic. 11276 “Our performance for the year still...
Marcventures Mining and Development Corporation (MMDC), a subsidiary of listed nickel miner Marcventures Holdings Inc. (MHI), is targeting to ship 2.035 million wet metric tons (WMT) of nickel ore this year, higher than the 1.732 million WMT it shipped in 2020. In a statement, MMDC said that for...
Fruitas Holdings, Inc. (FRUIT) registered a net loss of P16 million in the first quarter of 2021, in line with the fourth quarter 2020 level, but a reversal from a net profit of P15 million in the first quarter last year. In a disclosure to the Philippine Stock Exchange, the firm noted that it...
Fruitas Holdings, Inc. is ramping up its foray into the bakery business by acquiring certain assets of Balai Pandesal Corporation and converting its branches into multi-product stores. In a disclosure to the Philippine Stock Exchange, Fruitas said Balai Pandesal sells a wide range of bread products...
PHINMA Education Holdings, Inc. (PEHI), the education services subsidiary of PHINMA Corporation, has acquired Union College of Laguna (UCL) -- joining its roster as its ninth school in the Philippines. Union College of Laguna In a statement, PHINMA said UCL is the second in its Laguna network after...
