PHINMA Education Holdings Inc., a subsidiary of the Del Rosario-led PHINMA Corporation, has acquired St. Jude College (SJC) Dasmariñas Cavite for P432 million. PHINMA said the acquisition marked its entry into the Cavite market and added 3,000 students to its network, further solidifying its...
Davao tycoon Dennis A. Uy may have found a new partner in the Yuchengco Group's construction affiliate, EEI Corporation, for the development of his Emerald Bay Resort and Casino Project in Mactan, Cebu. In a disclosure to the Philippine Stock Exchange (PSE), Emerald Bay owners PH Resorts Group...
With the Christmas season in full swing, the local stock market is seen to gather optimism from hopes of rates cuts by both the Federal Reserve and the Bangko Sentral ng Pilipinas this month. “The local market was able to bounce back last week and close at the 6,700 - 6,800 support range. This...
The climate crisis is real and already impacting the Philippines. In the past week or two, a super typhoon hit, highlighting the extreme weather patterns that have become common due to climate change. Rising temperatures, typhoons, droughts, and crop failures are threatening our health, safety, and...
Mang Inasal has won a total of six awards, including gold for #MangInasalAt20: The 20th Anniversary Digital and PR Campaign (Excellence in Anniversary Marketing), silver for Mang Inasal Creators' Circle (Excellence in Influencer/KOLs Marketing) and National Halo-Halo Blowout (Excellence in Customer...
The local stock market recovered the previous day’s loss as investors see inflation keeping within the Bangko Sentral ng Pilipinas’ target range despite rising faster last month. The main index rose by 39.37 points or 0.57 percent to close at 6,729.14 as Conglomerates led the advance while...
ACEN Corporation's retail electricity unit has partnered with low-cost carrier Cebu Pacific to integrate renewable energy (RE) into its key facilities. In a disclosure to the Philippine Stock Exchange on Friday, December 6, the firm said that ACEN Renewable Energy Solutions (ACEN RES) has begun 100...
Pangilinan-led Philex Mining Corporation, one of the oldest and largest gold and copper producers in Southeast Asia, reported that it will extend the life of its Padcal Mine by one year. "Padcal Mine has been in operation for more than six decades and still has remaining ore resources that can be...
PMAP Chooses Joy. The Jollibee Group was named the Employer of the Year by People Management Association of the Philippines (PMAP) during its 48 th Awarding Ceremonies in Iloilo City. Receiving the award is Ernesto Tanmantiong, Jollibee Group Global President & CEO (5 th from left);...
Local share prices eased for the third straight day due to the higher inflation rate for November. The main index dropped 39.19 points or 0.58 percent to close at 6,690.77 as the Services sector led the retreat while Conglomerates and Miners bucked the trend. Volume was lower at 863 million shares...
MJC Investments Corporation (MJIC), owner and operator of the Winford Leisure and Entertainment Complex and Winford Hotel and Casino, plans to wipe out its P2.28-billion capital deficit by next year. In a disclosure to the Philippine Stock Exchange, the firm said its 18 participating stockholders...
Veteran banker Raul B. De Mesa, Chairman, President, and CEO of Abacore Capital Holdings Inc. and Director of Pacific Online Systems Corporation, has passed away at 81. In a disclosure to the Philippine Stock Exchange, Abacore stated, “His untimely departure has left an irreplaceable void in our...
