The government and the private sector continued to take advantage of digital technologies to make it easier and more convenient for small investors and businesses to participate in the capital markets. During a recent Capital Market Development Council (CMDC) meeting, the Bureau of the Treasury,...
CALAX-SUBS5-SILANG-4 MPCALA Holdings Inc., (MHI) has activated its "Oplan Biyaheng Ayos" in its Cavite-Laguna Expressway (CALAX) as it expects 10 percent traffic surge from December 23, 2021 to January 4, 2022. The toll road operator placed CALAX's operation on heightened alert status to guarantee...
Cemex Holdings Philippines, Inc. (CHP) reported that the cement manufacturing plant of subsidiary APO Cement Corporation in Naga City, Cebu, is operational in the aftermath of Typhoon Odette. In a disclosure to the Philippine Stock Exchange, Cemex said that, while APO Cement has experienced...
The Gokongwei family’s investment in Shakey’s Pizza Asia Ventures Inc. is resulting in synergies between the Gokongwei’s retail business and the restaurant chain. In a disclosure to the Philippine Stock Exchange, Shakey’s announced plans to reopen Project Pie at Shopwise Hypermarket...
Fruitas Holdings Inc. (FRUIT) reported that it posted strong sales in November 2021, marking its highest monthly sales level since quarantine restrictions were imposed due to the COVID-19 pandemic. In a disclosure to the Philippine Stock Exchange, the firm said it “anticipates the seasonal uptick...
SM Prime Holdings Inc. reported that it has reached an important milestone—breaching six million COVID-19 jabs administered through its mall network nationwide as part of its strong support of the country’s recovery agenda and vaccination drive. In a statement, SM Supermalls said it has...
Housing developer 8990 Holdings Inc. is projecting to generate P165 Billion in sales from 78,352 housing units in the next 7 to 10 years while expecting to hit P20 billion for this year alone. According to 8990 Holdings President and CEO Anthony Vincent S. Sotto, this estimate is based on the...
Japan has always been one of my most fascinating countries. In fact, if you asked me to live long-term somewhere outside the Philippines, given the choice, my first pick would be Japan. I adore how things work so efficiently, how they’re sticklers for cleanliness and hygiene, and I do love their...
DMCI Holdings' Berong Nickel Corp. (BNC) in Quezon, Palawan is now facing depletion after 15 years of mining operation and will undergo rehabilitation, according to the company. BNC said in a statement that it will spend around P110 million to decommission the Palawan mining site and that it will...
PAL-Aircraft_316x210px-1 Philippine Airlines’ (PAL) parent firm, PAL Holdings Inc., will double its authorized capital stock from P13.5 billion to P30 billion and issue 10.2 billion shares worth P12.75 billion via a private sale. Stockholders approved the move during their Nov. 25, 2021 annual...
SM Prime Holdings Inc., one of the leading integrated property developers in Southeast Asia, is opening SM City Grand Central in Caloocan on Nov. 26, 2021, Friday. In a disclosure to the Philippine Stock Exchange, the firm said this latest development will add more than 116,000 square meters (sqm)...
STI Holdings, owner of one of the country’s largest networks of schools, reduced it net losses to P116.7 million in the first quarter (July 1 to September 30) of fiscal year 2021 from P203 million in the same period last year year due to an increase in enrollment. In a disclosure to the...
