Publicly listed telecommunications firms, particularly market leaders PLDT and Globe Telecom, are taking a beating on the local stock market as investors shy away due to the potential impact of the Konektadong Pinoy Act and new online gambling restrictions on e-wallets. “The sector has been on...
Integrated telecommunications firm PLDT Inc. is taking charge of the MVP Group of Companies’ push for hyper-personalized customer experience by boosting its stake in data unit, Kayana Solutions Inc. In a disclosure, PLDT said it has executed a subscription agreement for 594 million additional...
Honda is keen to show just how much more improved their new PCV160 is. To do this, they invited media representatives and moto vloggers on a first-hand experience of the all-new PCX160’s premium performance and comfort. The event aimed to showcase the scooter’s elevated performance, comfort,...
Officially designated as Republic Act (RA) No. 12234, the Konektadong Pinoy Act automatically lapsed into law last week after no presidential action was taken on it within 30 days after Congress transmitted the bicameral bill to Malacañang. Also known as the Open Access in Data Transmission Act,...
Telecommunications giant PLDT Inc. said it is set to activate three laser communication sites in the country to widen connectivity especially in remote areas, further pushing the heated competition among telcos beyond traditional cables. PLDT said it will harness Taara, a free space optics...
Andrew Tan’s Travellers International Hotel Group Inc. is taking majority control over the development of the Westside Integrated Resort, as its foreign-controlled partner Suntrust Resort Holdings Inc. has agreed to reduce its stake in the project to 20 percent due to financial challenges. In a...
Hard discount stores Dali and Robinsons Retail Holdings Inc. 's affiliate, O!Save, are giving stiff competition to traditional supermarket and convenience store chains by registering strong sales growth while expanding their reach in the retail market. Based on research by Abacus Securities...
Maynilad Water Services Inc., a subsidiary of Metro Pacific Investments Corp., has put to rest questions on whether its ₱45.8 billion initial public offering will push through by setting a new offering and listing date in October. Based on the firm’s updated preliminary prospectus, the offer...
The Philippine Stock Exchange (PSE) is expected to face difficulty in achieving its capital-raising target of ₱186 billion this year, as big-ticket initial public offerings are being postponed. This comes after Hann Holdings announced the deferment of its ₱13 billion initial public offering due...
West Zone concessionaire Maynilad Water Services, Inc. has named Christopher Jaime T. Lichauco as its new Chief Operating Officer (COO), effective Sept. 1, 2025, to succeed the retiring Randolph T. Estrellado. Lichauco, a veteran with 27 years at Maynilad, will assume his new role after Estrellado...
When it came to everyday comfort, few investments mattered more than quality linens, towels, and pillows. These were the pieces people spent the most time with, so choosing well made all the difference. At the recent “Legacy and Dreams” tradeshow held from August 13 and 14, 2025, at the...
Telecommunications giant Globe Telecom Inc. is taking a firm stance in opposing the Konektadong Pinoy Act, which recently lapsed into law, voicing its concerns against the law’s supposed “grave risks.” In a statement on Tuesday, Aug. 26, the Ayala-led firm said it is concerned that the...
