Alliance Global Group Inc., the investment arm of tycoon Andrew Tan, is now gearing up to develop its casino project in Boracay Newcoast after the President Rodrigo Duterte lifted his ban on the development of casinos on the world-famous resort island. “We will proceed with our casino project in...
The Securities and Exchange Commission (SEC) has ordered R.L. Aggregates and Diversified Lending Group, Inc. to stop soliciting investments from the public through a fraudulent scheme. In an order issued July 26, the SEC ordered R.L. Aggregates to immediately cease and desist from engaging in the...
Vista Residences, the condominium arm of the country's largest homebuilder Vista Land & Lifescapes Inc., is set to launch seven new projects nationwide—reflecting its resilience amid present challenges posed by the pandemic. These projects include Morrison Heights, Sky Arts Manila Tower 2,...
Manila Water Company Inc. is urging its customers in eastern Metro Manila and Rizal Province to use the company’s latest mobile application app, which will help ensure their safety during the pandemic. The app, according to Manila Water, allows customers to access their bills and pay online...
Medilines Distributors Incorporated, a leading distributor of medical equipment to public and private healthcare facilities, is planning an initial public offering worth up to P2 billion. In a statement, the firm said it is preparing for an IPO that could take place before the end of the year,...
DMCI Homes, the real estate development arm of DMCI Holdigns, is stepping up its vaccination drive for its workers to protect them from the SARS-COV2 virus amid the increased risk of transmission in construction sites due to new variants. Apart from providing incentives and recognition to workers...
The Securities and Exchange Commission (SEC) has approved the maiden public offering of Central Azucarera de San Antonio, Inc. (CASA) worth up to P558.5 million. In its meeting on August 31, the Commission En Banc resolved to render effective the registration statement of CASA covering 1.85 million...
The Manila Water Company Board of Directors has appointed J. V. Emmanuel A. De Dios as a member of the Board and as the company’s President and Chief Executive Officer as the Razon Group solidifies its control over the utility. De Dios was formerly Undersecretary of the Department of Energy and...
The Department of Trade and Industry (DTI) has issued new suggested retail prices (SRPs) allowing higher prices on basic necessities and prime commodities by as much as P2 on various categories, while some remained unchanged. Consumer group Laban Konsyumer Inc. (LKI) immediately assailed the...
AllDay Supermarket, currently the fastest growing supermarket operator in the Philippines, has recently launched its “dark store” concept as it continues to banner a global standard in the local supermarket industry. "Dark stores" are standalone facilities optimized for e-commerce that acts as...
The Securities and Exchange Commission (SEC) has approved the planned public offering by D&L Industries, Inc. of fixed-rate bonds worth up to P5 billion. In its meeting on August 26, the Commission En Banc resolved to render effective the registration statement of D&L covering up to P3...
J&T Express worked together with Local Government of Manila City to provide assistance and donated goods to the casualties of Typhoon Ulysses in 2020. Brings home the bronze for Achievement in Growth and Branded Content Campaign of the Year With Filipinos winning awards and being recognized...
