As the pandemic continues to disrupt mobility, integrated supply chain enterprise 2GO Group Inc., ensures unhindered flow of goods via its Sea Solutions. Currently, 2GO services a total of 18 ports of call nationwide. As of mid-2021, 2GO delivered 97,173 twenty-foot equivalent units (TEU) using its...
Del Monte Pacific Limited (DMPL) reported a net profit of US$18.3 million the first quarter ending July of its fiscal year 2022, reversing the US$3.2 million loss in the same period last year. In a disclosure to the Philippine Stock Exchange, DMPL said EBITDA reached US$75.0 million, a 77 percent...
For more than 50 years, DM Wenceslao & Associates Inc. (DMWAI) has been perfecting the art of transformation. From turning water into land in the late ‘80s, to transforming open space into a central business district, the company is constantly changing to suit the needs of the times. Nowhere...
MREIT Inc., the real estate investment trust sponsored by Megaworld Corporation, has set the final price for its initial public offering at P16.10 per share for a maximum offer size of P15.3 billion. In a disclosure to the Philippine Stock Exchange, the firm said it has also set the final number of...
Motor vehicle sales in the country fell 26.3 percent in August to 15,847 percent compared to 21,498 units from the previous month due to reimposition of hard lockdown in Metro Manila and strict quarantines in other parts of the country, a joint report by the Chamber of Automotive Manufacturers of...
The national karate team preparing for the 31st Southeast Asian (SEA) Games in Vietnam next year hopes to get an approval from the Philippine Sports Commission (PSC) for ba ubble training in Baguio City. Karate Pilipinas Sports Federation, Inc. president Richard Lim said they have already submitted...
Eton Properties Philippines Inc. reported that the Quezon City local government unit has granted Safety Seals to the BPO-IT lifestyle hub—Eton Centris, underlining the company’s commitment to maintain the safety of its clients and stakeholders. The Safety Seal Certification Program is an...
Smart Communications, Inc. (Smart) sees continued growth for its ‘fixed wireless’ business, which already grew 187% by P1.1 billion in the 1st half of the year as people shelter in place amid the renewed surge of COVID-19 cases. Smart_500x500 Fixed wireless refers to wifi modems that connect...
aws Amazon Web Services, Inc. (AWS), an Amazon.com, Inc. company (NASDAQ: AMZN), announced the general availability of Amazon FSx for NetApp ONTAP, a new storage service that allows customers to launch and run complete, fully managed NetApp ONTAP file systems in the cloud for the first time. ONTAP...
Mass housing developer 8990 Holdings Inc. has appointed Atty. Anthony Vincent Sotto as its new President and CEO, effective immediately. In a disclosure to the Philippine Stock Exchange, 8990 said Atty. Sotto replaces Alexander Ace Sotto who had tendered his resignation as Director, Acting...
SM Prime Holdings, Inc. is planning to raise up to P10 billion from the third tranche of its P100 billion fixed-rate bonds with the Securities and Exchange Commission in February last year. In a disclosure to the Philippine Stock Exchange, the firm said it has filed with the SEC an application for...
D&L Industries’ maiden bond offering garnered strong support from fixed income investors as total bids received amounted to P13.8 billion, which is equivalent to 4.6 times the base offer size of P3 billion. In a disclosure to the Philippine Stock Exchange, the firm said that, light of the...
