Empire East Land Holdings Inc., the low- to middle-income housing subsidiary of Megaworld Corporation, is allotting at least P25 billion for capital expenditures over the next four to five years. During the firm’s annual stockholders’ meeting, Empire East President and CEO Anthony Charlemagne...
The Cebu Professional Pickleball Association together with SM Seaside City Cebu announces the opening of Cebu’s first outdoor free-play pickleball court. Located at the upper ground level, Tower Garden, Cube Wing, this new facility is set to become a hub for both seasoned players and newcomers to...
SM Prime Holdings Inc., one of the leading integrated developers in Southeast Asia, is set to raise P25 billion following the setting of the interest rate for its Peso-denominated Fixed Rate Bonds. In a disclosure to the Philippine Stock Exchange, the firm said the bond issuance consists of Series...
DMCI Homes Leisure Residences, the leisure brand of Quadruple A developer DMCI Homes, is spending P6 billion to develop a new residential resort project located in the municipality of Tuba in Benguet to expand its footprint in northern Luzon. In a statement, the firm said the project - Moncello...
Solar Philippines founder Leandro Legarda Leviste has increased his stake in ABS-CBN Corporation to 10 percent—almost enough to entitle him a seat in the multi-media firm’s board of directors. In a disclosure to the Philippine Stock Exchange (PSE), ABS-CBN said Leviste’s LL Holdings Inc....
JG Summit Holding Inc., the flagship of the Gokongwei Group, is aiming to grow its profitability over the next quarters despite the challenging business environment. JG Summit President Lance Gokongwei “While we remain cautious given short term headwinds from elevated fuel prices, interest and...
Renewable power pioneer Alternergy Holdings Corp. (Alternergy) said it raised over P20 billion in 15 months since its initial public offering (IPO) in March 2023. This capital is aimed to fund the accelerated construction of up to 204 megawatts (MW) of new capacity targeted to come online by 2025,...
Diversified engineering conglomerate DMCI Holdings Inc. reported that it has been awarded four prestigious titles at the 14th Asian Excellence Awards for its outstanding leadership, financial performance and commitment to investor relations. In a disclosure to the Philippine Stock Exchange...
First Philippine Holdings Corporation (FPHC), a member of the Lopez Group, is kicking off the operation of seven power plants worth P29.3 billion this year through Energy Development Corporation (EDC). During the firm’s annual stockholders’ meeting, FPHC President Francis Giles B. Puno said...
SM Hotels and Conventions Corporation (SMHCC), a member of the SM Group under SM Prime Holdings Inc., is opening 1,700 new hotel rooms in the next four years, largely in the provincial areas to serve the growing local tourism industry. In a statement, SM Hotels said it is adding over 1,400 hotel...
Renewable power pioneer Alternergy Holdings Corp. signed a green corporate loan with Banco De Oro Unibank, Inc. (BDO) to pursue the construction of its renewable energy projects in Rizal, Quezon, and Bataan. In a disclosure to the Philippine Stock Exchange (PSE), Alternergy said it secured P2...
The continuing nationwide expansion of SM Prime Holdings Inc., with the 86th mall opening in Caloocan City, is providing a venue for growth for many small and medium enterprises and communities. In a statement, SM said SM City Caloocan will better connect surrounding urban and rural communities,...
