Flourishing solar power developer giant Citicore Renewable Energy Corporation (CREC) has secured P9.0 billion worth of loans from Yuchengco-led Rizal Commercial Banking Corp (RCBC) with an option to increase it to P20 billion; and that will be funneled mainly for the commercial development of its...
Visit this newly opened 360-wellness superstore at Glorietta, where various sustainable products and practices encourage you to adopt an eco-friendly lifestyle. Catering for health and wellness, Heyday offers a range of eco-friendly items, including locally sourced loose-leaf tea and coffee...
AVANT GARDENER April is Filipino Food Month. Created under Presidential Proclamation 469 in 2018, the event celebrates the vibrancy (and deliciousness) of Filipino culinary heritage and foodways. According to the Department of Tourism (DOT) website, it also encourages Filipinos to “promote,...
DoubleDragon Corporation of Edgar Sia II and Ernesto Tan Caktiong reported that its Singapore-based subsidiary Hotel101 Global Pte. Ltd. is merging with JVSPAC Acquisition Corporation to pave the way for its $2.3 billion listing at the NASDAQ. In a statement, DoubleDragon said Hotel101 and its...
AVANT GARDENER Last week marked the last episode of Ru Paul’s Drag Race (RPDR) UK vs. The World Season Two, with Filipina queen Marina Summers making it to the final four. Runner up and fan favorite from Drag Race Philippines Season One, Marina served many iconic looks that represented the...
Integrated Micro-Electronics Inc. (IMI), the Ayala Group’s semiconductor manufacturing arm, reported that its net loss ballooned to $109.2 million last year, 16 times the loss of $6.8 million in 2022. In a disclosure to the Philippine Stock Exchange (PSE), the firm said its 2023 performance...
Citicore Energy REIT Corporation (CREIT), the country’s first and largest renewable energy real estate investment trust, posted a 12 percent improvement in net income to P1.4 billion last year. In a disclosure to the Philippine Stock Exchange (PSE), the firm said its revenues rose 31 percent to...
Flag carrier Philippine Airlines (PAL), the operating subsidiary of PAL Holdings Inc., reported a 92 percent jump in net income last year to $379 million or P21 billion, an all-time high and under the first year of leadership of Lucio Tan III, from the $197 million or P11 billion earned in 2022. In...
AVANT GARDENER A blessed Good Friday, everyone! There are two main activities that Filipinos engage in during Holy Week. One is religious observance, and the other is going on vacation. It is in the spirit of the latter that I write this column. Ask almost anyone who’s worked in the local...
Jollibee Foods Corporation (JFC), through its wholly owned subsidiary, Jollibee Worldwide Pte. Ltd. (JWPL), is acquiring a 10 percent stake in automated coffee and tea dispenser firm Botrista Inc. for $28 million. In a disclosure to the Philippine Stock Exchange (PSE), JFC said it has signed...
The Sy family’s flagship SM Investments Corporation (SMIC) has come in as a strategic partner in Citicore Energy REIT Corporation (CREIT) with the acquisition of a 28.79 percent stake for P5 billion from shareholders led by billionaire Edgar Saavedra. In a disclosure to the Philippine Stock...
AVANT GARDENER I was asked to give a talk on urban farming at the National Center for Mental Health’s Livelihood Ideas for Financial Empowerment program in celebration of Women’s Month. Here’s a condensed version of my speech: The pandemic showed us that food security is important. We saw how...
