Robinsons Malls plans to introduce "Renew-a-Bottle" machines in February 2024, which will exchange used but clean plastic bottles for reward points as part of the "Save the Planet One Bottle at a Time" initiative. These points, earned based on bottle volume and quantity, are redeemable at the...
SM Prime Holdings Inc. is allotting P100 billion for capital expenditures this year as it posted a 33 percent jump in consolidated net income to P40 billion in 2023 from the P30.1 billion it earned in 2022. In a disclosure to the Philippine Stock Exchange (PSE), the firm said its consolidated...
The Sy family’s SM Prime Holdings Inc., one of the leading integrated property developers in Southeast Asia, is planning to raise as much as P100 billion from the issuance of bonds over the next three years. SM Prime's Board of Directors told the Philippine Stock Exchange (PSE) of the approval on...
STI Education Systems Holdings Inc. reported a 132 percent surge in net income for the first six months of its fiscal year ending June 30, 2024 due to a combination of higher enrollments and tuition fee increases. In a disclosure to the Philippine Stock Exchange (PSE), the firm said net income rose...
Conceptual image of the EDSA Busway Concourse. (Photo from DOTr) EDSA bus passengers will soon have the VIP feel while commuting even amid traffic jams after the Department of Transportation (DOTr) has signed an agreement with the SM Prime Holdings for the construction of a state-of-the-art...
TOKAI Corporation of Japan is investing an additional P3.43 billion in publicly-listed renewable energy firm Repower Energy Development Corporation, a subsidiary of Pure Energy Holdings Corporation, to double its stake to 20.1 percent. In a statement, REDC said TOKAI Corporation is the consolidated...
Fruitas Holdings Inc., the leading operator of multi-format food and beverage stores in the country, is ramping up the expansion of its Ling Nam restaurant chain with the opening of three new branches in Metro Manila. In a disclosure to the Philippine Stock Exchange (PSE), Fruitas said it kicked of...
The PLDT Group’s MediaQuest Holdings and its broadcast unit TV5 have signed a landmark collaboration agreement with Nine Media Corporation to launch RPTV -- a new free-to-air channel offering sports and news -- to take over CNN Philippines' airtime. MediaQuest Holdings, TV5, and Nine Media...
Megawide Construction Corporation has completed building the structure for housing developer 8990 Holdings’ 47-storey Urban Deca Cubao residential condominium. (L-R: Megawide Construction COO Frederick Tan, ECTA Principal Arch. Edward Co. Tan, Megawide Chairman & CEO Edgar Saavedra, 8990...
SM Prime Holdings, Inc. (SM Prime) President, Jeffrey Lim, was recently recognized for excellence in leadership at The Business Manual’s prestigious CEO Awards. Lim, along with the country's most prominent entrepreneurs and business leaders, was honored for his exemplary leadership and...
Alternergy Holdings Corp. has teamed up with Shanghai-based Envision Energy to acquire next generation wind turbine generators (WTG) for two wind power projects in Luzon. In a statement, Alternergy said that, following a rigorous tender process and thorough due diligence, Envision will be supplying...
The Gokongwei Group’s Robinsons Retail Holdings Inc. posted a 29.5 percent drop in attributable net income due to foreign exchange losses and the impact of the merger of Robinsons Bank with the Bank of the Philippine Islands (BPI). In a disclosure to the Philippine Stock Exchange (PSE), the firm...
