The Philippines' leading home improvement and construction supplies retailer, Wilcon Depot, successfully launched its 83rd store in Paniqui, Tarlac, on December 16, 2022. This is the company's second store in the province and is strategically located on McArthur Highway, Brgy. Apulid, Paniqui,...
The Securities and Exchange Commission has approved the merger of Robinson’s Supermarket Corp. (RSC), a wholly-owned subsidiary of Robinsons Retail Holdings, Inc., with Robinsons Convenience Stores, Inc. (RCSI). Under the approved terms and conditions of Articles and Plan of Merger, Robinsons...
Alsons Consolidated Resources, Inc. (ACR) listed P630 million worth of commercial papers with the Philippine Dealing and Exchange Corp. (PDEx). In a disclosure to the Philippine Stock Exchange, the firm said this is from the first tranche of the company’s P3 billion Commercial Paper (CP) Program....
PLDT Inc. on Friday, Dec. 23, said it plans to borrow P35 billion to 45 billion in the next two years for "general corporate purposes, including, but not limited to, payment of capital expenditures (capex) and dividends". The telco confirmed President and Chief Executive Officer Alfredo S....
Private hospitals across the Philippines are all geared up and on “high alert” for all the possible emergency hospital admissions in the upcoming holiday season, an expert said on Thursday, Dec. 22. (Unsplash) President of the Private Hospitals Association of the Philippines (PHAPi) Dr. Jose...
AbaCore Capital Holdings Inc. committed to continue paying dividends of not less than 10 percent per year to its investors, affirming the company’ strong financial performance. In a disclosure to the Philippine Stock Exchange, the firm said the dividends for the succeeding periods will come from...
Emperador Inc. reported that its flagship product posted higher sales in North America this year due to increased distribution, visibility, and availability. In a disclosure to the Philippine Stock Exchange, the firm said Emperador Brandy sales by value in United States and Canada have increased by...
Hersheyverse Hershey Philippines, Inc. has forayed into metaverse with the launch of ‘Hersheyverse". With this, Hershey aims to create an experience that'll help the brand connect with Gen-Z consumers around the holiday season. This innovative experience gives people a new way to engage with the...
PLDT Inc. on Thursday, Dec. 22, said its core business remains strong despite its P48 billion budget overrun. "There was no fraud, no anomalies, no evidence of overpricing, and no unrecorded transactions in relation to the overrun," Chairman Manuel V. Pangilinan said in a disclosure to the...
Through the collaboration of the University of the Philippines Medical Alumni Foundation Inc. (UPMAFI) and the Henry Sy Foundation Inc. (HSFI), the country’s premier higher learning institution recently opened the doors of the UP College of Medicine (UPCM) Henry Sy Sr Hall. Herbert Sy (first from...
PLDT Inc. on Wednesday, December 21, said it has "not unearthed fraudulent activities" in relation to the P48 billion capital expenditure overrun that the telco reported last week. The telco's "business and the outlook for the business continue to remain healthy". However, PLDT is "cooperating and...
Leaders and employees behind the #GreenLifeGreatLife movement represented Personal Collection Direct Selling, Inc. as one of the ten finalists for Excellence in Corporate Social Responsibility at the Marketing Excellence Awards 2022 last December 1, 2022. 2022 was a year of recovery for the entire...
