Del Monte Pacific Limited Limited (DMPL) and its partner are divesting from Del Monte Foods Private Limited (Del Monte India, formerly FieldFresh Foods Private Limited) in exchange for minority stakes in a leading Indian food company. In a disclosure to the Philippines Stock Exchange (PSE), DMPL...
Manila Bulletin has been a staunch advocate of sustainability since the first MB Sustainability Forum in 2022. The forum promotes conversations about sustainability and serves as a platform to raise awareness about it. Last year, the two-day event called for urgency in addressing...
The Department of Trade and Industry (DTI) said that SHERA Public Co. Ltd.’s P2.9-billion plant would boost the Philippines' aspiration to become a global manufacturing hub. Trade Secretary Cristina A. Roque said that this investment from SHERA, the leading fiber cement innovator in Southeast...
Campos-led Del Monte Pacific Limited is planning to raise funds via the selective sale of assets in the U.S. and injection of equity in the Group through strategic partnerships to lower leverage. However, the firm said in a disclosure to the Philippine Stock Exchange that the Group expects to incur...
Local telecommunications firm PT&T Corporation has partnered with Australian technology innovator Netlinkz Limited to establish a joint venture in network security and connectivity for businesses across the Philippines. In a disclosure to the Philippine Stock Exchange, PT&T said this joint...
Del Monte Pacific Limited’s (DMPL) US subsidiary Del Monte Foods Inc. (DMFI) and certain of its existing lenders completed a new financing arrangement for up to $240 million. In a disclosure to the Philippine Stock Exchange (PSE), DMPL said this new arrangement involves a new term loan...
SMDC’s latest development in bustling Mandaluyong SMDC's Light 2 Residences, a 46-story two-tower residential and commercial development, is the latest in the award-winning developer’s residential addresses in Mandaluyong and builds upon the success of SMDC Light Residences. At the...
The city of Bacolod, dubbed the "City of Smiles," welcomed a new hospitality player on June 14, 2024, with the grand opening of Citadines Bacolod City. This serviced residence marks The Ascott Limited's expansion into the heart of Bacolod, offering a stylish and comfortable haven for both business...
The Ascott Limited Philippines’ executive management committee, residence managers across all Ascott properties, cluster leaders in the sales, marketing, revenue, and business development departments 2024 marked the 40th anniversary for The Ascott Limited, one of Asia Pacific’s largest...
The Philippine Stock Exchange (PSE) has approved the application of Roxas Holdings Inc. (RHI) for a nine-day voluntary suspension of the trading of its stocks following the planned takeover of young tycoon Leandro Leviste. In its letter to the PSE, RHI said it sought a trading suspension to avoid...
A high-ranking official of India's Adani Ports and Special Economic Zone Limited (APSEZ Ltd.) expressed the company's intention to invest in the Philippines, citing the country's stability in regulation and business environment. NEW VENTURES — President Ferdinand 'Bongbong' Marcos Jr. meets...
The Campos family’s Del Monte Pacific Limited expects to deliver higher branded revenue growth in its fiscal year ending April 2024 (FY2024) even as it incurred a loss in the first nine months (May 2023 to January 2024) and plans to close two US plants to improve margins. In a disclosure to the...
