DFNN, Inc. (DFNN) and Nautilus Data Technologies have inked a Memorandum of Understanding (MOU) for the development of a data center in the Freeport Area of Bataan. In a disclosure to the Philippine Stock Exchange, DFNN said the MOU is for the two firms to collaborate and jointly assist each other...
Lawyer and former Vice President Leni Robredo on Friday, July 1, announced the launching of Angat Pinas Incorporated that will continue the works of the Angat Buhay program, which she started during her vice presidency. Atty. Leni Robredo (Screenshot from Atty. Leni Robredo livestream) Robredo led...
The Annual Stockholders’ Meeting of Waterfront Philippines Inc. on July 22, 2022 will be held virtually over a secure online meeting platform. The company has announced that due to current public health concerns, stockholders may participate via remote communication, and cast their votes only...
Century Pacific Food Inc. (CNPF) is allotting P2 billion for capital expenditures this year, 20 percent lower than the P2.5 billion it spend in 2021, in light of rising inflation. In a press briefing after the firm’s annual stockholders’ meeting, CNPF Chairman Christopher Po said this year’s...
The Philippine Stock Exchange index (PSEi) plunged despite some end-of-semester window-dressing as investors worry over rising inflation and interest rates. The main index fell 147.76 points or 2.34 percent to close at 6,155.43 with the Services sector leading the decline although the Industrial...
Waterfront Philippines Inc. will hold its Annual Stockholders’ Meeting online on July 22, 2022. Due to public health concerns, stockholders may participate through remote communication, and cast their votes only through online casting of votes/proxies.
Fridays Holdings, Inc. (FHI), a unit of publicly-listed Boulevard Holdings Inc. (BHI), has decided to renovate Fridays Boracay instead of immediately reopening amid the surge in arrival of domestic tourists. “We won't open up Fridays Boracay if BHI is just going to earn a run-of-the mill return...
Carmen's Best Group makes their ice cream using milk produced at Real Fresh Dairy Farms. Photo by Yvette Tan. Metro Pacific Investments Corporation (MPIC) entered a deal with Carmen's Best Group, known for their gourmet ice cream, to acquire a majority stake in The Laguna Creamery Inc (TLCI). The...
Sustainalytics has updated the accreditation of BDO Unibank, Inc. (BDO) on its Sustainable Finance Framework (SFF) relative to the expansion of SFF eligible categories to include blue projects aligned with current market standards. This follows the Bank’s issuance of its maiden $100 million Blue...
Six Philippine firms were included in the list of honored companies in Asia in Institutional Investor’s 2022 Asia (ex-Japan) Executive Team Survey. Based on the poll results published in the Institutional Investor website, the six local firms in the list are D&L Industries Inc., Century...
Century Properties Group (CPG) is launching a total of four projects this year with a projected combined sales value of P13.2 billion and roughly to 7,100 housing units. During the firm’s annual stockholders’ meeting, Century Properties Group President and CEO Jose Marco R. Antonio said the...
The government recently opened a state-of-the-art Digital Forensics Platform and Laboratory (DFPAL) in Quezon City to fight cybercrimes, particularly, Online Sexual Abuse and Exploitation of Children (OSAEC). “Children became more vulnerable to cyberattacks after the pandemic forced them to stay...
