The Metropolitan Waterworks and Sewerage System-Regulatory Office (MWSS-RO) is still clarifying with the government panel that revised concession agreements between MWSS and water concessionaires if the foreign currency differential adjustments (FCDA) can still be implemented for the third quarter...
Marcventures Mining and Development Corporation (MMDC), a subsidiary of listed nickel miner Marcventures Holdings Inc. (MHI), is targeting to ship 2.035 million wet metric tons (WMT) of nickel ore this year, higher than the 1.732 million WMT it shipped in 2020. In a statement, MMDC said that for...
SM Investments Corporation (SMIC) has taken control over 2Go Group Inc. with the completion of the divestment of Dennis A. Uy from the company in favor the Sy family’s investment arm and Singapore private equity fund Archipelago Capital Partners Pte. Ltd. In a disclosure to the Philippine Stock...
The Villar Group of Companies has launched the country’s first and the biggest virtual property expo, The ViCon--short for Villar Group Convention. Villar Group Chairman Manuel B. Villar Jr.ja The expo will gather the country’s largest real estate brands in one giant virtual property conference...
What normally is a gala dinner held in plush places like the front lawn of the Beaux-Arts mansion Nelly Garden in Iloilo City turns into a benefit kitchen for 1,200 frontliners in answer to the call of the times Photos by Ray Tabafunda and Kevin de Asis ILONGGO CHARITY Chef Tibong adjusts the...
San Miguel Foods and Beverage Inc., a subsidiary of diversified conglomerate San Miguel Corporation, is allotting P30 billion for capital expenditures this year. SMFB President and CEO Ramon S. Ang During the firm’s annual stockholders’ meeting, SMFB President and CEO Ramon S. Ang said the...
West Zone concessionaire Maynilad Water Services, Inc. had set up a P100-million solar power farm inside its La Mesa Compound in Quezon City, a move that the company considers its first step toward green energy. The 1-megawatt PV (photovoltaic) solar power farm was built to augment the power supply...
The karatedo national team, led by Karate Pilipinas Sports Federation, Inc. president Richard Lim, fifth from right, visits Consul General Arvin de Leon, fifth from left, at the Philippine Consulate in Turkey last week prior to their departure for Paris, France for Olympic Qualifying Tournament on...
Fruitas Holdings, Inc. (FRUIT) registered a net loss of P16 million in the first quarter of 2021, in line with the fourth quarter 2020 level, but a reversal from a net profit of P15 million in the first quarter last year. In a disclosure to the Philippine Stock Exchange, the firm noted that it...
Community pantry at Chinese General Hospital In the spirit of goodwill and the bayanihan drive, the Chinese General Hospital and Medical Center (CGHMC) rolled out its very own employees’ pantry earlier this month. A joint project together with the CGH Employees Association-UFSW, the pantry is...
Aboitiz Equity Ventures Inc. has firmed up its plan to raise up to P10 billion through the issuance of bonds which have been given the highest triple-A rating by Philippine Rating Services Corporation (PhilRatings). PhilRatings said it has assigned an Issue Credit Rating of PRS Aaa, with a Stable...
The Philippine Army (PA) will further boost its mobility with the expected delivery this year of 90 Russian-made, troop-carrying trucks worth P324 million, the Department of National Defense (DND) bared Sunday, May 30. Department of National Defense Spokesperson Arsenio Andolong (Photo courtesy of...
