AllDay Marts, Inc. will debut Wednesday, Nov. 3, 2021, at the Philippine Stock Exchange under the ticker “ALLDY”, after its very successful P4.5 billion initial public offering. “We are truly excited to bring the AllDay experience public. We have long believed in the Filipinos deserving a...
cab2a1016f2094af6a7f76ac8d84da58_XL-1 The Philippines’ only unicorn, digital financial solutions provider Mynt, the company behind GCash payment services app, has raised over $300 million in funding and is now valued at over $2 billion. Global investment giant Warburg Pincus, New York-based...
Microtel by Wyndham, an international chain of limited service hotels with properties in strategic locations nationwide, has vaccinated 100 percent of its workforce in a bid to protect its employees and guests from the threat of COVID-19. This is according to Jose Mari del Rosario, President and...
The wastewater treatment plant of Clark Water Corporation (CWC), a subsidiary of Manila Water Company, Inc., is facing closure after the Department of Environment and Natural Resources (DENR) threatened to not renew the company's Temporary Discharge Permit (TDP). In a statement, Clark Development...
Smart Baicon Infest 2021 Leading mobile services provider Smart Communications, Inc. (Smart) continues its commitment in nurturing and championing Filipinos’ creativity and passion for content creation by powering BaiCon InFest 2021, the biggest gathering of content creators and influencers from...
The Keepers Holdings Inc., the liquor import and distribution business of leading retailer Lucio Co, has set its final follow-on offering price at P1.50 per share which is at the bottom of the reduced price range. Prior to this announcement, Keepers had informed the Philippine Stock Exchange that...
Cemex Holdings Philippines Inc. (CHP), one of the country’s top cement producers, reported an 18 percent growth in net income to P897 million for the first nine months of 2021 from the P758 million earned in the same period last year. In a disclosure to the Philippine Stock Exchange, CHP said the...
Cebu Landmasters, Inc. (CLI), a property developer focusing in Visayas and Mindanao, has started development of the 100-hectare Minglanilla Techno Business Park (Ming-Mori) reclamation project to fulfill its commitment to complete the project in 2025. In a statement, CLI said that following initial...
SMFI KSK farmers set up their urban farm space where they will practice the various sustainable agriculture techniques that they will learn from the program. The future of food security lies greatly on sustainable agriculture. It is a given that practicing sustainable agriculture in the urban areas...
The retail tranche of the P4.5 billion billion initial public offering AllDay Marts Inc. was 1.62 times oversubscribed, requiring the underwriter PNB Capital and Investment Corporation to refund subscriptions that could not be accommodated. “The overwhelming demand from the Local Small Investors...
The Energy Regulatory Commission (ERC) has flagged Central Negros Electric Cooperative Inc. (CENECO) on pass-on of charges to its customers even if these were anchored on contracts or power supply agreements (PSAs) that already lapsed. In particular, the ERC has condemned the act of CENECO for...
AREIT Inc. (AREIT), the pioneer real estate investment trust in the Philippines, is moving towards net zero operational emissions and is on track to be the country’s first carbon neutral REIT. In a statement, AREIT underscored its commitment to Environmental, Social, and Governance (ESG)...
