Two years after its Financial or Technical Assistance Agreement (FTAA) with the Philippine government expired, Australian-Canadian miner OceanaGold Corporation (OceanaGold) is now allowed to resume the operations of its gold-copper mining project in the country until 2044. This is on condition...
Basic Environmental Systems & Technologies, Inc. (BEST, Inc.), a wholly-owned subsidiary of publicly-listed IPM Holdings, Inc. (IPM), has opened the first of several engineered sanitary landfills in the country using the Public-Private Partnership (PPP) model. Located in Passi City, Iloilo, the...
The Philippine Stock Exchange, Inc. (PSE) has approved Filinvest REIT Corporation’s planned initial public offering (IPO) of up to P14.88 billion worth of shares. 18885 Set to be the third REIT company to be listed in the Exchange, Filinvest REIT is offering 1.63 billion secondary shares and up...
AREIT, Inc. (AREIT), the real estate investment trust of Ayala Land Inc., reported that its properties in Metro Manila, have secured Safety Seal Certifications from the Department of the Interior and Local Government (DILG) within their respective LGUs. The firm said these properties are the Ayala...
The government should grant missionary concessions to telcos rolling out networks in unserved and underserved areas by way of "affordable and reasonable regulatory fees". PLDT-SMART-logo Many Local Government Units (LGUs) continue to impose regulatory charges - tower fees, inspection fees, audit...
DIY Cold Patch Mix for potholes in concrete and asphalt-based roads. Offering a new solution to recurring problems in Philippine roads, new asphalt player, Phoenix Asphalt, is introducing an innovative product that aims to provide an effective and durable fix for road potholes. Called Cold Patch...
Sta. Lucia Land Inc. is planning to raise up to P9.87 billion from a planned follow-on offering (FOO) to fund its capital expenditures and pay for existing debt. In a registration filed with the Securities and Exchange Commission, Sta. Lucia said it is planning a public offering of up to 2.5...
Arjo Atayde It seems like actor Arjo Atayde wants to try producing, and directing. This after he shared on Instagram his production house dubbed Feelmaking Productions Inc., where he promised fans to bring the "FEEL" in films. Apparently, the abbreviation stands for " F reedom to create, E xpress...
The Department of Social Welfare and Development (DSWD) warned the public Friday, July 9, against some groups promising to grant assistance to individuals in crisis situations. (DSWD Facebook page) The DSWD cautioned the public against transacting with private organisations, particularly with the...
DMCI Holdings Inc. reported that more than 4,100 DMCI Group employees and workers have received their first dose of a COVID-19 vaccine in partnership with various local government units (LGUs), ICTSI Foundation and Reliance United. A D.M. Consunji, Inc. employee receives a Moderna shot from a...
Marco Gumabao or Vitto Marquez? From four, fiery celebrity racers, only two celebrity racers emerged as the finalists for the Phoenix Pulse Young Drivers’ Program-Celebrity Showdown . Marco Gumabao and Vitto Marquez are the top racers in the Time Trial challenge, which made Kim Baranda and Joshua...
D&L Industries, the country’s largest specialty food ingredients, plastics and oleochemicals firm, is currently participating in a vaccination drive initiated by the Quezon City Local Government Unit (LGU). In a statement, the firm said the objective of the vaccination drive is to hasten the...
