The Securities and Exchange Commission (SEC) has canceled the corporate registration of Bill Ford VIP Trading, Inc. which has been found to have engaged in unauthorized investment activities resembling a Ponzi scheme. In an order, the SEC Enforcement and Investor Protection Department (EIPD)...
Smart Communications, Inc. (Smart) has released its long-awaited “Live Your Passion with Purpose” campaign headlined by the world’s leading pop icon, BTS. The partnership also heralds Smart’s first collaboration with the Grammy-nominated artists managed by HYBE, formerly known as Big Hit...
Even without a new concession agreement (CA) with Metropolitan Waterworks and Sewerage System (MWSS), Maynilad Water Services Inc. already began preparing for its five-year plan under the next rate rebasing period. In a virtual briefing on Thursday, Maynilad President and Chief Executive Officer...
Vista Land & Lifescapes, Inc., one of the country’s leading integrated property developers and the largest homebuilder, reported a 45 percent decline in consolidated net income to P6.4 billion last year due to the impact of the pandemic. In a disclosure to the Philippine Stock...
Moringa or malunggay has been a backyard garden staple in many Filipino homes because of its nutritional benefits and adaptability to local conditions. In celebration of Filipino Food Month this April, an online series of talks called the “Philippines on a Plate”, tackles different crops...
Property giant Ayala Land Inc. (ALI) is aiming for a V-shaped recovery although it may take two to three years to be able to perform as well as it had in 2019, before the COVID-19 pandemic struck. “We are working towards a V-shape recovery and I am confident that we have the institutional...
Despite the continuing pandemic, Globe Telecom Inc. exceeded its network builds and modernization targets in the first quarter of the year, the telco disclosed Tuesday, ( April 20) in Annual Stockholders' Meeting. The telco built 318 new cell sites, a 152 increase from 126 built in the same period...
SM Prime Holdings Inc., one of the leading integrated property developers in Southeast Asia, is subjecting its P80-billion capital expenditure budget for 2021 to a quarterly review. During the firm’s annual stockholders’ meeting, SM Prime President Jeffrey Lim said the regular review was...
Smart Communications, Inc. (Smart) teamed up with telco operator StarHub to launch 5G roaming in Singapore, its tenth partner-country for the service. Earlier, the telco activated its 5G roaming in Japan, with NTT Docomo; in Australia, with Vodafone; in China, with China Mobile; in Bahrain, Kuwait,...
LIMA Land, Inc., a member of the Aboitiz Group of Companies, is offering new commercial lots in Batangas with the launching of the next phase of its commercial zone’s transformation. LIMA Central Business District is LIMA Estate’s 30-hectare commercial area, which houses various commercial...
The local stock market is seen to continue to be weighed down by concerns over the COVID-19 pandemic although upcoming annual stockholders’ meeting may also influence investors depending on the tone they set. “Next week, we still see a downward bias for the local market as pandemic worries are...
Billionaire Enrique K. Razon Jr. is not letting his guard down and intends to manage the resources of his port and gaming businesses judiciously, wary of a prolonged pandemic that may last until the end of the year. During the annual stockholders’ meeting of Bloomberry Resorts Corporation, Razon...
