Smart Communications, Inc. (Smart)'s technology solution, Smart Infocast, Wednesday (June 9) reported it has served 1.3 million Filipinos in 800 communities nationwide during the pandemic. Smart Infocast, a web-based text-broadcasting solution powered by Smart since 2015, enabled public and private...
Metropolitan Waterworks and Sewerage System (MWSS) welcomed port magnate Enrique Razon as he takes over Manila Water Company, Inc. as the company's new president and chief executive officer. Enrique K. Razon Jr. In a statement, MWSS Chairman and Acting Administrator Reynaldo Velasco said the...
The entire publishing industry lost an estimated P3.6 billion in the pandemic year 2020, more than half of the P6 billion average revenue pre-COVID, according to a top industry official. Alvin J. Buenaventura, executive director Filipinas Copyright Licensing Society, Inc. (FILCOLS), revealed...
Renegotiation of the contract of South Korean-owned Hanjin Heavy Industries and Construction-Phils. Inc. (HHIC-PH) for the sprawling shipyard facility in Subic is nearing completion and which will be assigned to their “white knight,” according to Subic Bay Metropolitan Authority. SBMA...
Empire East Land Holdings, Inc., a unit of Megaworld Corporation, remains optimistic as it reported an 8.3 percent improvement in total booked sales to P4.26 billion last year even though net income was pulled down to P524 million by the pandemic. 11276 “Our performance for the year still...
Renewable energy developer Citicore Power Inc. (Citicore) has started an agro-solar initiative in its Tarlac facility, a move that aims to promote food production within the company’s solar farms. In a recent plant tour and harvest festival sponsored by Citicore at its Tarlac 2 solar farm, the...
D&L Industries, the country’s largest specialty foods ingredients, plastics and oleochemicals firm, has declared cash dividends amounting to P1.36 billion as it sustains its growth trajectory despite the reimposition of tighter quarantine measures. D&L Industries President Alvin D. Lao...
The Department of Environment and Natural Resources (DENR) was urged to reject the P12-billion seabed quarrying project in Manila Bay being proposed by a company called Silverquest Mining Resources Inc. (SMRI). The call was made by the national fishers’ group Pambansang Lakas ng Kilusang...
The Ayala Group has formally ceded control over Manila Water Company to Enrique K. Razon Jr. following an agreement wherein the tycoon bought a 24.96 percent stake but was given voting power for 51 percent of the utility. Enrique K. Razon Jr. In a disclosure, Manila Water advised the Philippine...
Investors in the local stock market will be closely watching the COVID numbers after the easing of quarantine measures in the nation’s capital while also waiting for the release of employment this week. “Next week, the local market may decline if our country’s COVID-19 situation further...
Globe Telecom Inc. has to date activated its Voice Over Long Term Evolution (VoLTE) service in at least 25 provinces nationwide. Globe-Telecom_CNNPH (3) Now, more postpaid customers can access the service to improve their voice call experience. The VoLTE service is available in Bataan, Batangas,...