San Miguel Corp. (SMC) on Friday, Sept.23, broke ground for its P95 billion Pasig River Expressway (PAREX), a 19.37-kilometer, green, hybrid expressway. PAREX Ground Breaking (218) 9-24-2021 The six-lane elevated expressway will run along the banks of the river, from Radial Road 10 in Manila to C-6...
Eagle Cement Corp., a publicly-listed firm controlled by the family of tycoon Ramon S. Ang, is acquiring 100 percent of the capital stock of sister company Solid North Mineral Corp. (SNMC) for P3.57 billion. In a disclosure to the Philippine Stock Exchange, the firm said on Friday, Sept. 24, that...
EDITORS DESK Ramon Bonilla Gone were the days when Filipino cue artist Efren “Bata” Reyes weaved magic in the billiards table with his impeccable shotmaking skill that has either made us gushing over his mastery of the game or left us in good spirit when victories also meant an image of his...
Chief executives of stock exchanges in the ASEAN have agreed to actively promote the region’s capital market as an asset class. During at the 33rd ASEAN Exchanges CEOs Meeting hosted by The Philippine Stock Exchange, Inc. (PSE), the capital market leaders also discussed potential initiatives to...
Sen. Ramon 'Bong' Revilla Jr. Sen. Ramon "Bong" Revilla Jr. turns a year older on Sept. 25 as he celebrates his birth anniversary by reaching out to the needy. Instead of throwing a bash for family and friends, Bong will distribute relief goods and prizes on his birthday. Once again, the senator...
The government has greenlighted San Miguel Corporation’s (SMC) ₱95-billion Pasig River Expressway (PAREX) project, a 19.37-km, six-lane elevated road, that will run along the banks of the Pasig River. In a statement, SMC said PAREX will start from Radial Road 10 in the City of Manila to C-6...
Asia United Bank announced the recent passing of its Director and Vice Chairman Ramon Y. Sy at the age of 91. “A pillar in the banking industry, Mr. Sy joined AUB in March 2012 as Vice Chairman,” the bank said in a statement. AUB Vice Chairman Ramon Y. Sy It noted that “He was instrumental...
EU hints resumption of trade negotiations with PH The EU said it is currently assessing the possible resumption of bilateral trade negotiations with the Philippines as the 27-European country union steps up its strategic engagement with the Indo-Pacific region. European Union (EU) In its Joint...
Alsons Power-Zamboanga The Alsons Power Group’s San Ramon Power, Inc. (SRPI) recently turned over 205 reams or more than 100,000 sheets of bond paper to eight public schools located in SRPI’s host barangays of Sinubong, Pamucutan, and Talisayan, Zamboanga City. The SRPI donation will enable the...
RL Commercial REIT, Inc. (RCR), the real estate investment trust of Robinsons Land Corporation, successfully listed its shares at the Philippine Stock Exchange with its share price holding steady amid a weaker market. 32437 RCR makes history as the Philippines’ largest publicly-listed REIT with a...
Allowing fully-vaccinated individuals in limited dine-in and personal care services in areas under alert level 4 is not a discriminatory move, the Department of Trade and Industry (DTI) said Tuesday, Sept. 14. A restaurant staff cleans a table after the IATF allowed indoor dining in NCR at limited...
More than 300 Japanese guests from Japan’s leading corporate and financial institutions have participated in the virtual Philippine Economic Briefing (PEB) that highlighted the Duterte administration’s efforts to push for a much stronger and more inclusive economy in the post-COVID-19 pandemic...
