Liberty Flour Mills Inc. (LFM) has completed the sale of the Liberty Building to its listed real estate subsidiary, LFM Properties Corporation (LPC), allowing it to focus on its core flour and other food businesses. In disclosures to the Philippine Stock Exchange, LFM and LPC announced the signing...
Story By Sean Uy Bomping Business and Lifestyle Writer, Metro Promo Concepts Corp. Offering eye-catching views of Taal Lake, Active Group Inc.'s Mozzafiato Lakeside Community shows how we can live in harmony with nature. The company has five decades of experience in building homes, communities,...
The Consunji Group, through DMCI Holdings Inc., Semirara Mining and Power Corporation, and Dacon Corporation, has completed the acquisition of Cemex Asian South East Corporation (CASEC) for $272 million—lower than the earlier announced $305.6 million. In a disclosure to the Philippine Stock...
For Damosa Land, Inc. (DLI), the real estate developer under the Anflo Group of Companies, adopting green initiatives in their businesses poses a challenge. “We consider ourselves a full-scale real estate developer. We are in several real estate properties, from residential developments to...
Telecom giant PLDT Inc. disclosed that veteran newscaster Catherine L. Yap-Yang has voluntarily retired as first vice president and head of the company’s corporate communications group. PLDT informed the Philippine Stock Exchange that Yang’s retirement took effect on December 1, 2024 but...
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...
Ayala-led Globe Telecom Inc. is set to develop the first off-grid solar-powered cellular site in Tawi-Tawi in a bid to provide mobile and data connectivity to residents in the remote area. In a statement over the weekend, Globe said some 10,000 residents on Turtle islands are set to benefit from...
Meralco PowerGen Corporation (MGen) plans to convert two of its coal-powered units into gas-fired plants in response to the coal moratorium. Yari Miralao, MGen Gas Energy Holdings, Inc. (MGen Gas) president and chief executive officer, said the projects with Global Luzon Energy Development...
Spreading Christmas joy to the less fortunate among us is always a great idea; as there’s nothing as rewarding as the smiling faces and exclamations of happy surprise that beam back. For 26 years now, the Senate Spouses Foundation Inc. (SSFI) have been conducting their ‘Christmas in November’...
CEBU CITY – A foundation has introduced a program that seeks to equip senior high school students with practical skills in solar technology and help address growing demand for expertise in renewable energy systems. Vivant Foundation, the corporate social responsibility arm of Cebu-based Vivant...
Del Rosario-led PHINMA Corporation is embarking on the simultaneous expansion of its core businesses after successfully raising P1 billion from its stock rights offering on top of a P4.5 billion cash infusion by global investment firm KKR into its education unit. During the listing ceremondy for...
Sy-led logistics and sea transport provider 2GO swiftly resumed operations after recent typhoons, ensuring the continued flow of essential goods and restoring disrupted supply chains. In a statement on Tuesday, Nov. 26, Sharon Musngi-Ngo, 2GO Sea Solutions business unit head, said the company's...
