Health technology platform mWell, developed by Metro Pacific Health Tech Corporation, wholly-owned subsidiary of Metro Pacific Investments Corporation, organizes the biggest nationwide online medical mission - National mWellness Day via the mWell PH app on August 27-28. National mWellness Day...
Amazon Operation Services Philippines, Inc. (AOSPI) is expanding its footprint in the Philippines by investing P524.33 million for its virtual customer services (VCS) project in the country. The Board of Investments (BOI) has approved the project as a new services export provider for its VCS...
SM Investments Corporation was recently named as a Hall of Famer in the Corporate Governance category of the Asia Responsible Enterprise Awards (AREA) 2022. In giving the award, AREA recognized SM Investments for “demonstrating transparency and completeness of disclosure and reporting of...
Metro Pacific Investments Corporation reported a 24 percent growth in consolidated core net income to P7.5 billion for the first half of 2022, a post-pandemic high, from P6.0 billion a year earlier. In an online press briefing, MPIC Chief Finance Officer June Cheryl Cabal-Revilla said “improved...
SM Investments Corporation (SMIC) reported that the Securities and Exchange Commission (SEC) has approved its acquisition of an 81 percent stake Allfirst Equity Holdings Inc. (Allfirst) in exchange for shares in SMIC. In a disclosure to the Philippine Stock Exchange, SMIC said Allfirst is the...
OFW FORUM Jun Concepcion More often than not, overseas Filipinos are in a much better position than their local counterparts to acquire their dream house while earning double or even quadruple what they used to earn back home. Remy M., 45, a single mother of three, and who now works as a domestic...
The Board of Investments (BOI) has approved the application for registration of PAVI Green Renewable Energy, Inc. for its P2-billion new solar power project in Naga that will augment the energy supply of the Luzon grid, which is experiencing tight supply amid increasing demand. The project was...
Carmen's Best Group makes their ice cream using milk produced at Real Fresh Dairy Farms. Photo by Yvette Tan. Metro Pacific Investments Corporation (MPIC) entered a deal with Carmen's Best Group, known for their gourmet ice cream, to acquire a majority stake in The Laguna Creamery Inc (TLCI). The...
Six Philippine firms were included in the list of honored companies in Asia in Institutional Investor’s 2022 Asia (ex-Japan) Executive Team Survey. Based on the poll results published in the Institutional Investor website, the six local firms in the list are D&L Industries Inc., Century...
Metro Pacific Investments Corporation (MPIC), the country’s leading infrastructure investments company, is acquiring a controlling stake in dairy firm Carmen’s Best Group of the Magsaysay family for P198 million. In a press briefing, MPIC Chairman Manuel V. Pangilinan said they have entered...