Clark Development Corporation (CDC), a member of Bases Conversion and Development Authority (BCDA) Group, has trained cacao farmers from communities near the Clark Freeport and Special Economic Zone as part of the agency's continuous corporate social responsibility (CSR) programs. In a statement,...
San Miguel Corporation (SMC) President Ramon S. Ang led the company’s senior management team in paying tribute to SMC personnel who succumbed to COVID-19 since the pandemic began. This was during a simple mass held at the company’s Pasig City offices as part of activities marking the SMC’s...
The local stock market will be looking out for the release of September’s inflation rate, the impact of rising oil prices on goods and services, as well as the filing of candidacies for next year’s national elections. “Next week, the local market’s movement could depend on our COVID-19...
Aboitiz Power Corporation’s proposed P12-billion bond issuance has been assigned the highest Issue Credit Rating of PRS Aaa, with a Stable Outlook by Philippine Rating Services Corporation (PhilRatings). The AboitizPower bonds have a base issue size of up to P6.0 billion, with an oversubscription...
The Philippine benchmark index declined, weighed down by the weakness in US markets. The main index dipped 29.28 points or 0.42 percent to close at 6,923.60 although only the Holding Firms and Property counters were in the red whole the Mining and Oil sector led gainers. 36063 Volume surged to 2.32...
MREIT, Inc., the real estate investment trust of township developer Megaworld Corporation, has successfully listed its shares at the Philippine Stock Exchange. PSE data shows that MREIT’s share price closed at P16.70 per share, up P0.60 or 3.73 percent from its initial public offering price of...
San Miguel shutting down meat business in Indonesia San Miguel Food and Beverage, Inc. (SMFBI), a core subsidiary of diversified conglomerate San Miguel Corporation is shutting down its processed meats business in Indonesia by the end of this month. In a disclosure to the Philippine Stock Exchange,...
SM Markets, the supermarket business of SM Investments Corporation, is expanding its presence only to serve more communities around the country. SM Markets Online, via https://smmarkets.ph/ is currently available in 70 branches in Metro Manila, Cebu, Davao and key cities in Luzon and Visayas. SM...
The local stock market posted a small gain amid quarter-end window dressing. The main index gained 18.77 points or 0.27 percent to close at 6,952.88 as the Industrial and Mining and Oil counters leading the advance while Banks and Property firms retreated. 35771 Volume continued to be strong at...
A design for Shell mobility stations worldwide A first in the Philippines and one of the first in the world, the “Site of the Future” recently launched by Pilipinas Shell Petroleum Corporation (PSPC) in Silang, Cavite is set to become a global blueprint for mobility stations focused on...
MyTown, the co-living brand owned by Philippines Urban Living Solutions (PULS) with SM Investments Corporation as majority shareholder, reported that it has boosted its corporate clientele by 70 percent during the pandemic. In a statement, the firm said this comes as it continued to expand its...
The local stock market resumed its climb after seeing a slight correction the previous day. The main index rose 48.75 points or 0.71 percent to close at 6,934.11 although sectoral indices were evenly mixed with heavyweight Holding Firms leading the advance while the Industrial counter suffered the...
