While many businesses big and small floundered amid the challenges faced during the pandemic, the Cerezo family’s Bona Vita Philippines (Ed-Jire Herbal Products Inc.) not only survived but actually flourished during this period as it rode on the crest of the e-commerce wave. “The Lord...
Senator Risa Hontiveros said that the irregularities they observed in Sitio Kapihan, where the Socorro Bayanihan Services Inc. (SBSI) or the so-called Socorro "cult" was based, were worse than they expected. This was after her staff together with the Senate Committee on Public Order...
The failure of Philippine trial courts to deliver justice swiftly contributed to extra-judicial killings and Filipinos exacting revenge through “street justice,” Vice President Sara Duterte said, stressing the need for “speedy justice.” Vice President Sara Duterte speaks at the 30th...
West Zone concessionaire Maynilad Water Services, Inc. has completed the replacement of pipelines in Caloocan City that were already old, undersized, and punctured. In a statement on Friday, Oct. 13, Maynilad said the water utility firm spent P829 million to replace over 224 kilometers (km) of...
Aboitiz InfraCapital (AIC), one of the country’s leading infrastructure companies, is strategically expanding its portfolio to Central Luzon with plans to develop a 200-hectare economic estate in Tarlac City. In a statement, the firm said its subsidiary LIMA Land Inc. has acquired the 200 hectare...
Eleven barangays in the eastern parts of Metro Manila will experience water interruptions starting Friday, Oct. 13 to Oct. 20. In a service improvement announcement by the Manila Water Co., Angono and Montalban Rizal as well as Makati City will undergo line and network maintenance, improvement, and...
The Securities and Exchange Commission (SEC) is considering extending the deadline of its amnesty program further as representatives of business groups sued for more time before sitting down to discuss their complaint of the higher fees and charges to be implemented. In a press briefing Thursday,...
Jose Rene Gregory D. Almendras has resigned from his position in East Zone concessionaire Manila Water Co. Inc. In a disclosure to the Philippine Stock Exchange on Thursday, Oct. 12, Manila Water announced that Almendras, who served as the president of the utility firm from August 2019 to June...
The Po family’s Century Pacific Group reported that two of its subsidiaries, Century Pacific Food Inc. (CNPF) and Shakey’s Pizza Asia Ventures Inc. (PIZZA) have been recognized by the Institute of Corporate Directors (ICD) at the ASEAN Corporate Governance Scorecard (ACGS) Golden Arrow Awards...
Publicly-listed sugar and real estate firm Central Azucarera de Tarlac Inc. (CAT) reported that its wholly-owned subsidiary Luisita Land Corporation is selling a 200-hectare property to Lima Land of the the Aboitiz Group. In a disclosure to the Philippine Stock Exchange (PSE), the CAT said its...
What is possible abroad can also materialize in the Philippines as far as food security is concerned. President Ferdinand 'Bongbong' Marcos Jr. joins San Miguel Corporation President Ramon S.Ang in the inauguration of the world-class controlled-climate Magnolia poultry farm in Hagonoy, Davao del...
Romeo Jalosjos Jr., the president and chief executive officer (CEO) of the Television and Production Exponents Inc. (TAPE), has opposed the proclamation of his rival for congressman of the first district of Zamboanga del Norte and raised the issue of the legitimacy of the 19th Congress before the...
