The Sy siblings’ flagship SM Investments Corporation (SMIC) is expecting that its portfolio investments will account for more than 10 percent of overall earnings in the medium term. The firm’s investments are in integrated resorts through Belle Corporation, in copper mining through Atlas...
West zone concessionaire Manila Water Co. has announced service interruptions in Pasig, Rizal, and Quezon City starting Tuesday, Oct. 3, and will last until Friday, Oct. 6. The service improvement activities will be done through line meter replacement and line maintenance. Nevertheless, the...
Manila Water Co. vowed to ensure the safety of its customers in Eastern Metro Manila amid heavy rains and widespread flooding. The company, which serves a customer base of 7.6 million, said it remains committed to delivering clean and safe water to its customers during the inclement weather...
Globe Telecom, the communications unit of Ayala Corporation, has raised P15 billion from term loan facilities with Metropolitan Bank & Trust Company (Metrobank). In a disclosure to the Philippine Stock Exchange (PSE), the firm said the loans will be used to finance its capital expenditures...
Quezon City and Taytay, Rizal will experience water interruptions starting Sunday, Sept. 24 to Thursday, Sept. 28. According to Manila Water Co. and Maynilad Water Services Inc., the barangays in QC and Rizal are scheduled to undergo network maintenance, leak repair, and line meter...
Metro Pacific Investments Corporation (MPIC) is now all set for delisting following the high acceptance rate of the management-led tender offer, which mopped up P28.42 billion worth of the firm’s free float shares. In a disclosure to the Philippine Stock Exchange (PSE), GT Capital Holdings Inc....
East Zone concessionaire Manila Water Co. has announced service disruptions in Rizal and Quezon City starting Wednesday night, Sept. 20. Line maintenance, Line Meter Replacement, and Interconnection activities are said to be the cause of the water interruptions. Subsequently, West Zone...
Do you know where your Hyundai comes from? Chances are, most have not given it a thought. Yet Hyundai Motor Philippines Inc. invited us to see their manufacturing facility about an hour and 30-minutes drive out of Jakarta. Located in Cikarang, Bekasi Regency, the Hyundai Motor Manufacturing...
East Zone water concessionaire Manila Water Co. has hit its sustainability success for the second half of the year. The goals they have achieved so far are those within the Environmental, Social, and Governance (ESG) targets, like Water Security, Carbon Reduction and Avoidance, and Capital...
Power utility giant Manila Electric Company (Meralco) will be accelerating its fleet electrification to 25-percent by the turn of the decade, and this is a way for it to help speed up the country’s overall bid for electric mobility. Ferdinand O. Geluz, first vice president and chief commercial...
The Court of Tax Appeals (CTA) has denied the petition filed by FCF Minerals Corporation (FCF) -- a firm engaged in the exploration, development, and commercial operation of mineral claims -- to refund the P57.8 million taxes it paid for its imported equipment. In 2009, FCF and the government...
Metro Pacific Investments Corporation (MPIC) reported that its planned voluntary delisting will now push through after the bidders have obtained enough shares from a tender offer to bring down the firm’s public float to less than five percent. In a disclosure to the Philippine Stock Exchange...
