DITO Telecommunity Corporation (DITO) just broke ground for its first Data Center, "expected to generate thousands of jobs", at Udenna Land, Inc. (ULI)'s Clark Global City (CGC). Designed after Google’s campus-style headquarters, the master-planned development in CGC is "a critical component to...
Cebu-based retailer Metro Retail Stores Group, Inc. (MRSGI) suffered a net loss of P449.6 million last year from the net income of P775.6 million recorded for 2019. In a disclosure to the Philippine Stock Exchange, the firm said the decline was due to a pandemic-driven 15.0 percent decrease in net...
AyalaLand Logistics Holdings Corporation (ALLHC) Group, a unit of property giant Ayala Land Inc., has acquired Technofreeze, a cold storage facility in Laguna. In a statement, ALLHC said Technofreeze has a proven track record of serving companies with diverse products such as processed meat...
Metropolitan Waterworks and Sewerage System (MWSS) has ordered Manila Water Company Inc. and Maynilad Water Services Inc. to suspend anew their respective service disconnection activities. In an advisory, MWSS Regulatory Office (RO)...
The fate of the stock market this week is seen to hinge on whether or not the growth of new COVID-19 cases in the country is arrested and if the imposition of strict quarantine measures will be extended further. (Photo credit: https://www.pse.com.ph) “Investors are expected to take cues from our...
The ‘bad summer habits’ of power plants are back again, hence, the Department of Energy (DOE) and Energy Regulatory Commission (ERC) are being urged to investigate the causes of the simultaneous forced outages of the generating facilities as these have been triggering spikes in electricity...
Max’s Group, Inc., the country’s largest casual dining restaurant group suffered a net loss of P1.68 billion last year from a net income of P724.23 million in 2019 due to the pandemic and a one time loss. In a disclosure to the Philippine Stock Exchange, the firm said the 2020 loss includes...
Globe Telecom, Inc. said it will ramp up collaborative initiatives with its customers in order to double efforts on reforestation, watershed conservation, and carbon dioxide (CO2) reduction efforts to combat climate change. So far, the company raised P15.65 million for these efforts, which will be...
This webinar will help us understand the value of factual, objective reporting in this age of misinformation Technology is a double-edged sword. As it gets easier to relay information to a wider audience, foreign trolls, filter bubbles, and fake news surface. Because of the convenience of the...
Consumers are urged to keep on patronizing local pork amid the issuance of Executive Order (EO) 128, which will bring down the tariff on pork imports and will pave the way for the entry of more imported pork into the Philippines. On Thursday, Samahang Industriya ng Agrikultura (SINAG) Chair...
Century Properties Group announced the election of Aileen Christel U. Ongkauko as an Independent Director of the company effective April 7, 2021. Ongkauko is concurrently the Group President and Chief Executive Officer of La Filipina Uy Gongco Corporation & Subsidiaries, a...
VisMin focused property developer Cebu Landmasters Inc. (CLI) is looking at resuming a bullish 15-20 percent growth trajectory this year following a slowdown during the pandemic year in 2020. “We are winning,” declared CLI Chief Operating Officer Franco Soberano at the virtual CLI FY 2020...
