The Television and Production Exponents Inc. (TAPE), producer of the noontime show “Eat Bulaga,” presented its third witness in a hearing for a case filed by Tito Sotto, Vic Sotto and Joey de Leon, known as TVJ, and Jeny Ferre, against the company and GMA Network. TAPE and TVJ (Photos...
Concepcion Industrial Corporation (CIC), a leading provider of consumer lifestyle and building and industrial solutions in the Philippines, has named Isaias Ariel Fermin as Chief Executive Officer after his resignation as President of Max’s Group Inc. took effect at the end of last month....
PetroSolar Corporation (PSC), which is a subsidiary of Yuchengco-led PetroGreen Energy Corporation (PGEC), has cemented a power supply agreement (PSA) with Shell Energy Philippines Inc. for a capacity delivery that shall be drawn from the former’s 20-megawatt Tarlac-2 solar farm that is sited at...
Maynilad Water Services, Inc. has announced a temporary shutdown of the Putatan water treatment plant in Muntinlupa starting Thursday, Sept. 28 to Sunday, Oct. 1. In a statement, the West Zone concessionaire will conduct its second scheduled plant closure this year due to maintenance and...
DMCI Homes reported that reservation sales for its inaugural venture into the leisure property market, Solmera Coast in San Juan, Batangas, DMCI Homes' have surged past the P5.6 billion mark since its launch last Aug. 7. The residential business of the Consunji family’s DMCI Holdings Inc....
Credit Rating and Investors Services Philippines Inc. (CRISP Ratings) has reaffirmed its “AAA” issuer rating with a stable outlook on real estate tycoon Manuel B. Villar's Vista Land and Lifescapes Inc. (VLL). The highest rating was given based on the firm’s market leadership in property...
Smart Communications Inc. (Smart), the wireless arm of leading integrated telco network PLDT Inc., and Clark Development Corp. (CDC) have recently signed lease agreements covering telco facilities inside CDC to boost connectivity for businesses and other locators in the area. Leading the signing...
Richest Filipino Manuel B. Villar Jr.’s Vista Land and Lifescapes Inc. has received the highest PRS Aaa issue credit rating, with a Stable Outlook, from Philippine Rating Services Corporation (PhilRatings) for its planned bond issuance of up to P10 billion. Vista Land, one of the country’s...
The Philippine Stock Exchange (PSE) is removing Metro Pacific Investments Corporation (MPIC) and Aboitiz Power Corporation (AboitizPower) from its benchmark index and replacing them with Bloombery Resorts Corporation and Century Pacific Food Inc. In a memorandum posted on the PSE website, PSE...
PLDT Inc. (PLDT) has expanded the reach of its fiber-to-the home services to the Island Garden City of Samal (IGACOS), bringing the fastest fiber internet connectivity to the “largest resort city” in the country. In a statement, the firm said that, with a growing population and a thriving...
Metro Pacific Investments Corporation (MPIC) is now all set for delisting following the high acceptance rate of the management-led tender offer, which mopped up P28.42 billion worth of the firm’s free float shares. In a disclosure to the Philippine Stock Exchange (PSE), GT Capital Holdings Inc....
East Zone concessionaire Manila Water Co. has announced service disruptions in Rizal and Quezon City starting Wednesday night, Sept. 20. Line maintenance, Line Meter Replacement, and Interconnection activities are said to be the cause of the water interruptions. Subsequently, West Zone...
