Ayala-led Globe Telecom Inc. is pushing for the refiling and eventual passage of a bill that will allow telecommunications operators to crack down on online piracy. In a statement, Globe urged lawmakers from both the House of Representatives and the Senate to reintroduce a measure that will...
Shareholders of Liberty Flour Mills Inc. have requested that the Securities and Exchange Commission intervene and investigate alleged irregularities involving the company, as well as the ₱804.7 million in uncollected receivables from its distributor, Parity Values Inc. (PVI). Through their...
Boffi and De Padova came together in 2015 with a shared vision of uniting Italian design across kitchens, baths, furniture, and storage. This year marks the 10th anniversary of the brand’s presence in the Philippines, a decade of shaping modern living through world-class craftsmanship since its...
A quiet workday morning in Quiapo, Manila, might be part of Kyle Tan’s routine, but nothing about his journey has been. Inside his office at Tanduay Distillers Inc., two framed NBA jerseys hang on the wall—a constant reminder of his late father, Lucio “Bong” Tan Jr., and the unexpected path...
Hyundai Motor Philippines Inc. (HMPH) is bringing back one of its most stylish and practical models, the Venue entry SUV. D esigned to deliver sleek style, reliable performance, and everyday versatility, i t combines quality engineering along with innovative design and smart technologies. The...
Aboitiz Equity Ventures Inc. (AEV), the investment arm of the Aboitiz Group, announced that its 40-percent-owned affiliate Coca-Cola Europacific Aboitiz Philippines (CCEAP) is building its largest Philippine plant at TARI Estate in Tarlac City. CCEAP’s state-of-the-art, 42-hectare (ha)...
Ayala Land Premier reported brisk sales for its newest luxury development, Laurean Residences, with reservations already amounting to almost ₱8 billion even before its official launch. In a statement, Ayala Land Inc. said this underscores the enduring strength of demand in the country’s premium...
The Sy family’s flagship SM Investments Corp. is selling a prime lot near Malacañan in Manila to its property development arm, SM Prime Holdings Inc., while preparing a corporate vehicle for its first premium residential project under the newly launched Signature Series brand. In a disclosure to...
Water bills are changing for millions of customers this quarter, as Maynilad Water Services Inc. implements rate increase and Manila Water Co. rolls back its charges, the Metropolitan Waterworks and Sewerage System (MWSS) announced. MWSS chief regulator Patrick Lester Ty reported on Friday, Sept....
Globe Telecom Inc. has signed a term loan facility of ₱5 billion with Bank of Commerce (BankCom), the banking arm of San Miguel Corp., to bankroll expansion projects and other financing needs. In a disclosure to the Philippine Stock Exchange (PSE), the Ayala-led telecommunications giant said the...
Saavedra-led Megawide Construction Corp. is firming up its balance sheet after parent company Citicore Holdings Investment Inc. (CHII) and sister company Citicore Power Inc. (CPI) paid back ₱9.4 billion for advances made by the engineering firm in 2016. In a disclosure to the Philippine Stock...
Sy-led SM Prime Holdings, Inc., one of Southeast Asia’s largest integrated property developers, has successfully raised $350 million from its inaugural US dollar-denominated debt offering in the bond market. The firm informed the Philippine Stock Exchange that it has priced the drawdown from its...