The Philippine Stock Exchange’s Board of Directors has approved the listing of the shares of AllDay Marts, Inc. at the bourse’s Main Board—paving the way for the retailer’s P6 billion initial public offering. AllDay Marts, the operator of AllDay Supermarkets, will be offering up to 6.86...
The controversial black sand mining project in Lingayen Gulf, which obtained government approval in 2020, is seen affecting the country’s fish production given the area’s significant fisheries output, particularly bangus. Bangus In a briefing on Monday, Tugon Kabuhayan convenor and former...
Aboitiz Equity Ventures (AEV) is selling a 25.01 percent stake in Aboitiz Power Corporation (AboitizPower) to JERA Co. Inc., Japan’s largest power producer, for $1.146 billion in cash. In a disclosure to the Philippine Stock Exchange, AEV said the Aboitiz family’s privately held parent company...
The Philippine Association of Feed Millers Inc. (PAFMI) has raised concern over insufficient local corn production and is urging the government and local producers to address the urgent need to ensure reliability and consistency of supply in the country. Photo by Balázs Benjamin from Pexels Corn...
D&L Industries Inc., which prides itself on being an innovation powerhouse in the country, plans to continue to beef up its research and development (R&D) investments to develop more innovative products despite the uncertainties due to the pandemic. The firm said that, with its successful...
It is all set to go for Mobile Number Portability (MNP) this week, Telecommunications Connectivity, Inc. (TCI), the joint venture of the country's three telcos announced. Mobile number portability Beginning Sept. 30, mobile customers can move from one telco service provider to another free of...
DONATION TURNOVER — Wong Chu King Foundation, Inc. recently turned over its donation of food and essential goods to TahanangMapagpala II Home for the Elderly in Bulihan, Bulacan. At the event were (from left) WCKFI volunteers Atty. Alex D. Calderon, Marife L. Pineda, Jamaica Fae F. Marcelo, Sis....
Sun Life of Canada (Philippines), Inc. (SLOCPI) has collaborated with two e-wallet platforms to make digital insurance products more accessible to the public. Sun Life In a statement, Alex Narciso, SLOCPI president said on Friday, Sept. 24, that the company has partnered with GCash and ePera to...
The Securities and Exchange Commission (SEC) has approved the P6 billion market debut of AllDay Marts, Inc. and the P18- billion bond offering of Petron Corporation. 34600 In its meeting last September 23, the Commission En Banc resolved to render effective the registration statements of AllDay...
Based on the latest Opensignal report, Smart has been ranked amongst the top wireless networks in the world when it comes to video experience. The mobile services provider has been called Global Leader for 5G Video Experience as was recognized for its 5G Global Impact sweeping all measurement...
Listed firm Phoenix Petroleum Philippines Inc. further expanded its market share to 8.3 percent in the first half this year from a leaner 7.1 percent last year, securing its stature as the third biggest player in the deregulated downstream oil industry in the country. Phoenix Petroleum Logo Citing...
West Zone concessionaire Maynilad Water Services, Inc. (Maynilad) improved its capacity to draw water from the rivers within the province of Cavite and nearby areas, with the completion of the installation of its P68.6-million Julian Modular Treatment Plant (MTP). The Julian MTP is one of the four...
