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...
SM Prime Holdings, Inc. (SM Prime), one of the leading integrated property developers in Southeast Asia, is opening its 84th mall in the Philippines this Friday, Oct. 13, 2023. In a disclosure to the Philippine Stock Exchange, SM Prime said SM Center will be opening in San Pedro City, its fourth...
The Securities and Exchange Commission (SEC) will meet with business groups on Thursday, Oct. 12, to discuss complaints on the proposed revised schedule of certain fees and charges which is deemed too high. In a statement, the SEC welcomed the points and notes the concerns raised by business groups...
Two years after ceding control of Manila Water Company (MWC) to billionaire Enrique K. Razon Jr., the Ayala Group is further reducing its stake in the water concessionaire by selling more shares to raise P5.7 billion as part of the Zobel conglomerate’s P50-billion fund raising activity. In a...
East zone concessionaire Manila Water Co. announced water suspensions in Makati, Rizal, Pasig, San Juan, and Quezon City. Starting Tuesday, Oct. 10 until Friday, Oct. 13, Manila Water will conduct line maintenance, interconnection, and line meter replacement activities to improve their...
Smart Communications Inc. announced that it is providing free roaming and load assistance to help Filipino Smart and TNT subscribers in Israel amid the escalating conflict in the area. Roaming customers in Israel are instructed to connect to Smart’s network partners on their mobile phones...
West zone concessionaire Maynilad Water Services Inc. has scheduled widespread maintenance in Caloocan, Navotas, Quezon City, Manila, and Bacoor, Cavite. Starting Monday, Oct. 9 residents will feel the effects of a week-long network maintenance activity conducted by Maynilad. Although some parts of...
The court hearings have ended on the application for the issuance of writ of preliminary injunction in a copyright infringement and unfair competition case filed by Tito Sotto, Vic Sotto and Joey de Leon, known as TVJ, and Jeny Ferre against the Television and Production Exponents Inc. (TAPE) and...
The Bangko Sentral ng Pilipinas (BSP) has approved the request of Union Bank of the Philippines (UnionBank) for additional equity investment of up to P900 million in wholly owned subsidiary UnionDigital Bank Inc. In a disclosure to the Philippine Stock Exchange (PSE), UnionBank said the BSP...
Publicly-listed firms Greenergy Holdings Inc. and Abacore Capital Holdings Inc. have scrapped their agreement to invest P1.5 billion for the development and operation of a logistics center and food terminal in Batangas City. In disclosures to the Philippine Stock Exchange (PSE), both firms said...
