For seasoned executive Victor Genuino, the Philippines is poised to become a major powerhouse for data centers—a go-to destination for tech companies driving the next wave of digital progress. It’s a bold vision, and one he is already executing as head of VITRO Inc. “My dream is for the...
The government is now scrambling to pay up to ₱4 billion in outstanding obligations to Light Rail Manila Corp. (LRMC) in hopes of maintaining the confidence of the Pangilinan-led Metro Pacific group in Light Rail Transit Line 1 (LRT-1). Acting Transportation Secretary Giovanni Lopez said the...
Hong Kong-based investment holding firm First Pacific Co. Ltd. expects its earnings to continue its upward trajectory through increased contributions from its Philippines businesses, Philex Mining Corp., and digital bank Maya. In a virtual investor conference, First Pacific stated that the two...
Tycoon Manuel V. Pangilinan is not ruling out plans to revive Smart Money, a pioneer in the mobile wallet space, despite the executive leading its comeback having since stepped down. Pangilinan, chairman and chief executive officer (CEO) of Smart Communications Inc., said the company still...
Telecommunications giant PLDT Inc. posted higher earnings in the third quarter even as its digital bank arm, Maya, experienced a slight setback in its growth momentum following its delinking from online gambling platforms. PLDT Chairman and Chief Executive Officer (CEO) Manuel V. Pangilinan said...
The merger of two businesses is typically driven by the desire to improve efficiency, aiming for better customer service and, of course, greater growth potential. This aspiration has been realized by business stalwarts Ramon “RSA” S. Ang, president and chief executive officer of diversified San...
Anastacio R. Martirez has resigned as Chief Operating Officer of Smart Communications Inc., effective Oct. 21, following an internal investigation into employee complaints regarding workplace culture, according to a report by news website InsiderPH, citing an internal memo from PLDT Inc. Chairman...
When Christopher Jaime T. Lichauco eats out, his wife knows what’s coming. “My wife always gets mad at me because it embarrasses her,” he said, smiling. “Whenever I’m in a restaurant, I ask the waiter or waitress where they live, to know if they’re Maynilad customers. If they are...
The debate continues on the extent of the damage the flood control mess has inflicted on the market value of listed companies, with estimates of the loss ranging from a low of ₱185 billion to a high of ₱5 trillion. Admittedly, regardless of the exact figure, the anomalies plaguing the...
It’s summer time and the Philippine Taekwondo Association is once again holding its traditional SMART/MVP Sports Foundation Taekwondo Summer Program all over the country. A player in blue armor successfully defends an ax kick from an opponent. The annual event, which started last Monday, April...
Metro Pacific Agro Ventures Inc. (MPAV), a subsidiary of Manuel V. Pangilinan-led Metro Pacific Investments Corp. (MPIC), has launched a vegetable brand with the potential of introducing affordable market prices. More Veggies Please, sourced from the country’s largest greenhouse facility, Metro...
One of the fervent supporters of Philippine sports through the years won’t be missed out in the coming celebration of the San Miguel Corporation-Philippine Sportswriters Association (SMC-PSA) Awards Night at the Centennial Hall of the Manila Hotel. The MVP Group of Companies is going to be...
