Philippines and Cambodia have identified complementary sectors for potential mutual cooperation during a CEO roundtable meeting as part of President Ferdinand R. Marcos Jr.’s visit to Cambodia for the 40th and 41st ASEAN Summits and Related Summits. Trade and Industry Secretary Alfredo E. Pascual...
Housing developer 8990 Holdings, Inc. posted a 15.93 percent improvement in net income to P6.29 billion in the first nine months of 2022 from P5.43 billion in the same period last year. In a disclosure to the Philippine Stock Exchange, the firm said total revenues grew 10.93 percent to P17.03...
Ayala Malls gathers its merchants in its bid to redefine the post-pandemic mall experience STRIKE A POSE Fernando Zobel takes a selfie with partner merchants, media guests, and Ayala Malls executives The social and economic impact of the ongoing pandemic has been devastating with the dramatic loss...
Housing developer 8990 Holdings, Inc. posted a 55 percent increase in net income to P3.65 billion in the first six months of 2022 from P3.46 billion in the same period last year. In a disclosure to the Philippine Stock Exchange, 8990 President and CEO Anthony Vincent Sotto said that the company was...
Leading mass housing developer 8990 Holdings Inc., is planning to launch within the second half of this year two projects that will generate a total of P12 billion in revenues. During the firm’s annual stockholders’ meeting, 8990 President Anthony Vincent Sotto said “Both of these projects...
Mass housing developer 8990 Holdings Inc. is acquiring a controlling stake in Cebu-based affordable housing builder Piccadilly Premier Land Inc. for P88.28 million. In a disclosure to the Philippine Stock Exchange, 8990 said it has entered into an Investment Agreement with Piccadilly, RDAK Land,...
State-lender Development Bank of the Philippines (DBP) will help build the Marquee Doctors Medical Center, Inc. (MDMCI) in Pampanga to boost the availability of quality and affordable healthcare services in the province. In a statement Thursday, June 9, Emmanuel G. Herbosa, DBP president and chief...
The South East Asia Hainan - Hong Kong Express Cable System (SEA-H2X), a new, high-performance, submarine cable connecting the Philippines, Hong Kong, SAR China, Hainan China, Thailand, East Malaysia and Singapore, will bring the speed and capacity to digitally transform the region in two years....
Self-employed, voluntary, non-working spouse, and land-based Overseas Filipino Worker (OFW) members may now pay their contributions using ShopeePay, the Social Security System (SSS) announced. In a statement, Michael G. Regino, president and chief officer said on Wednesday, May 4, that ShopeePay, a...
The Philippines Amusement and Gaming Corp. (Pagcor) has no plan to ask President Duterte to reconsider his order that stopped online cockfighting operations, known as e-sabong. Andrea D. Domingo, Pagcor chair and chief executive officer said on Tuesday, May 3, that the gaming regulator will...
State-owned Philippine Amusement and Gaming Corp. (Pagcor) is on track to hit its revenue targets, driven by country’s much improved economic environment amid the prolonged pandemic. Despite their “bad start” this year due to the surge of Covid-19 cases, Andrea D. Domingo, Pagcor chair and...
The Philippine Amusement and Gaming Corp. (Pagcor) has remitted fresh cash dividends to state coffers to support government programs aimed at mitigating the impact of the Russia-Ukraine crisis on the vulnerable sectors. In a statement, Andrea D. Domingo, Pagcor chair and chief executive officer...