Global-Estate Resorts, Inc. (GERI), the Philippines’ leading developer of master-planned integrated tourism estates, generated P12 billion from the sale of residential projects but 2020 net income was still lower due to the pandemic. In a statement, the firm aid it sold P4.22 billion worth of...
The possibility of the government opening up the local market to more imported sugar remains to be one of the major factors why the country’s local sugar production is seen not improving this year or in the next years to come. This, according to international data, has remained to be “the...
Global Ferronickel Holdings, Inc. (FNI), the second- largest nickel producer in the country, reported a 43 percent jump in net income to P1.86 billion last year from the P1.30 billion earned in 2019. In a disclosure to the Philippine Stock Exchange, the firm said revenues were up 9.1 percent to...
DITO Telecommunity Corporation (DITO) just broke ground for its first Data Center, "expected to generate thousands of jobs", at Udenna Land, Inc. (ULI)'s Clark Global City (CGC). Designed after Google’s campus-style headquarters, the master-planned development in CGC is "a critical component to...
Global Ferronickel Holdings, Inc. (FNI), the second-largest nickel producer in the country, is targeting to ship 6 million wet metric tons (WMT) of nickel ores this year on the back of expanded operations. This is higher than the 5.62 million WMT of nickel ores the company shipped in 2020, said FNI...
Conventional wisdom often paints the power sector as a “game for the big boys” – but in the country’s lofty ‘energy transition’ goal, even the “David-like players” are leading the way. They may not be as gigantic as their counterpart-conglomerates in terms of track record and...
The persistence of African Swine Fever (ASF) did not only affect the Philippines’ hog production. Corn production, too, is now reeling from the impact of the dreaded animal virus. In the latest Global Agricultural Information Network (GAIN) report, US Department of Agriculture's Foreign...
BLACKPINK’s Rosé (Instagram) K-pop girl group BLACKPINK’s Rosé’s “On The Ground” topped the Billboard Global 200 and Billboard Global Excl. US charts dated March 27. On Billboard Global 200, “On The Ground” tallied at No. 1 with with 92.1 million streams and 29,000 copies sold...
The Juans The Juans have made it onto another Billboard charts and this time at number one. The pop-rock quintet debuted at Billboard’s LyricFind Global charts Thursday, March 18 2021. This, on the strength of their album “Sirang Plaka” which is now sitting at the number one position of said...
With limited ways to safely destress, more people are beginning to shoulder the prolonged tension of the pandemic on their bodies and minds. The monotony of a quarantine lifestyle can make it especially difficult to unwind at the end of the day. Here are some tips to help you maximize energy, root...
Two Philippine cities — Quezon City and San Fernando City — have been cited for their waste recycling collaboration with informal waste pickers that helped stymied poverty as recycling creates jobs in their localities and supports the recovery amid the economic difficulties during the pandemic,...
German firm Siemens Energy is projecting that economies in the Asia Pacific region will immensely propel energy demand growth within the stretch of two decades or until year 2040. Brian Byrne, senior vice president of Siemens Energy Asia Pacific Hub, said “Asia Pacific’s growth aspirations will...