Global Ferronickel Holdings, Inc. (FNI), a leading nickel ore producer in the Philippines, has decided to cancel plans to venture into steel processing which would have entailed the construction of a $50 million rebar steel rolling plant. In a disclosure to the Philippine Stock Exchange, the firm...
Amid a slowdown in the residential construction and home improvement retail business, tycoon Lucio Co’s retail holding firm Cosco Capital Inc. has canceled its planned P500 million joint venture into the industry with a Thai company sealed in 2022. In a disclosure to the Philippine Stock...
Yume at Riverpark Japanese Garden (Artist's perspective) The combined expertise of Federal Land, Inc., one of the Philippines’ most trusted developers with over 50 years of legacy, and Nomura Real Estate Development Co., Ltd., a Japanese real estate giant with 65 years of global innovation,...
The Ty family’s flagship GT Capital Holdings Inc. announced key leadership changes in its wholly-owned subsidiary Federal Land Inc., with Jose Mari H. Banzon taking the helm of the property development company starting next year. In a disclosure to the Philippine Stock Exchange, GT Capital said...
Armie Batac, Megaworld’s head of sustainability Starting your green journey today might feel like you’re late, but it’s not about when you begin—it’s about your commitment. Every step you take today shapes a better tomorrow, proving that the most important thing is simply to start....
The key players in the country's gas-to-power industry are exploring interconnecting their pipeline facilities to share liquefied natural gas (LNG) imports, a lifeline designed to neutralize potential fuel supply disruptions and ensure steady electricity generation from gas-fed plants. In an...
Megaworld Corporation, tycoon Andrew Tan’s flagship property development company, is launching at least two to three new townships next year as it continues to expand its pioneering live-work-play concept. In an interview, Megaworld parent company Alliance Global Group’s President and CEO Kevin...
ILOILO CITY – A subsidiary of Meralco PowerGen Corp. (MGen) is providing a P16.45-million lighting system for a football field in this city – La Paz Plaza Football Ground in La Paz District. JAIME T. Azurin, president of Global Business Power Corp., a wholly owned subsidiary of Meralco PowerGen...
ACT Teachers Party-list Rep. France Castro (PPAB) ACT Teachers Party-list Rep. France Castro shared a "scary" incident that she encountered on Wednesday night, Dec. 11 involving police officers in Bonifacio Global City (BGC) that could be...
It’s no news that plastics harm the planet and its people, but we haven’t moved past this dialogue as they remain globally unmanaged and a grave threat to the environment. A sliver of hope was seen in March 2022 when 175 countries convened to develop the first treaty on plastic pollution...
The Philippines' public debt as a share to gross domestic product (GDP) rose in the third quarter alongside slower economic growth, even as private-sector debts continued to fall before the onset of downward interest rates. The latest Global Debt Monitor of the Washington-based Institute of...
Township developer Megaworld Corporation’s leisure subsidiary Global-Estate Resorts, Inc. (GERI) is investing an initial P5 billion to develop a 117-hectare integrated lifestyle community in the highlands of Cagayan de Oro City. In a joint disclosure to the Philippine Stock Exchange, Megaworld...
