Contecon Manzanillo (CMSA), International Container Terminal Services, Inc.’s (ICTSI) subsidiary in Mexico, just started its third phase expansion to boost its capacity from 1.4 million to over two million Twenty foot Equivalent Units (TEUs) within the next five years, making it the largest...
CEBU City-based company Uprise will open its first branch in Luzon in January. (Photo via Calvin D. Cordova) CEBU CITY – In its bid to provide more livelihood, a Cebu City-based networking company with rice as its primary product is expanding its operations in Luzon. Justhon Ang, chief executive...
Japan’s electronic giant MinebeaMitsumi is expanding with P4 billion additional investments for its Cebu plant, making the Philippines its second largest production, according to the Department of Trade and Industry (DTI). Dita Angara-Mathay, DTI Commercial Counselor Dita Angara-Mathay in charge...
PLDT Inc. (PLDT) and Smart Communications, Inc. have expanded their fiber and wireless networks, serving 40 percent of the total barangays in the Philippines. PLDT has rolled out its fiber-to-the-home (FTTH) network to 17,000 barangays, as of end-September, 2022, up 24 percent from end-2021. The...
SEAOIL, the leading independent fuel provider in the Philippines, has opened its 700th station in the country. The newest branch is located along the northbound of E. Rodriguez Jr. Avenue (C5) in Pasig City. “The opening of our 700th station is a remarkable milestone for SEAOIL. Part of our...
Asticom Group of Companies, Globe Group's shared services provider, targets to employ 15,000 more in the next three to five years from the current 5,000 Filipinos nationwide. Now on its seventh year of operation, Asticom is expanding its operations, targeting small and medium-sized enterprises...
AirAsia Philippines will have a total of 24 operating aircraft in its fleet by end of 2022 to cater to surging travel demand, according to CEO Ricky Isla. The budget carrier also intends to procure bigger, more efficient and environment-friendly aircraft. At present, AirAsia Philippines operates 10...
Major oil firm Pilipinas Shell Petroleum Corporation has tied up with Northern Star Energy Corp., a flourishing fuel solutions company in Northern Luzon, to expand its mobility stations and reinforce its market presence in the Ilocos Region as well as neighboring provinces. Under the plan, Shell...
Listed fiber internet provider Converge ICT Solutions Inc. is going international, said its Chief Operations Officer of Converge, Jesus C. Romero. “We want to make connections with markets, not just in our country, but around the globe, so we can improve our infrastructure," he told a panel...
The board of directors of Ayala-led ACEN Corporation has approved the company’s plan to secure additional P6 billion loan for the programmed projects that will underpin its targeted portfolio growth. The company has not given details yet on the loan procurement, including the banks that shall be...
The expanded 184-megawatt on-the-fence power plant of Petron Corporation, to be completed this year, is seen to improve the operational efficiency of its petroleum refinery in Limay, Bataan which has a capacity of 180,000 barrels per stream day. According to the giant oil firm, this “will allow...
Globe Telecom Inc. fired up 380 new 5G sites in the first three months of the year alone to make 5G wireless technology accessible to more areas nationwide. The additional facilities were established in Metro Manila, Rizal, Cavite, Batangas, Bulacan, Davao, Cebu, Misamis Oriental, and Iloilo....
