Bloomberry Cultural Foundation, Inc. (BCFI), the corporate social responsibility arm of Solaire Resort and Casino, is building the first hospital in San Andres, Quezon. To be situated in Sitio Yuyuan, Barangay Camflora, San Andres, Quezon, the 25-bed-capacity hospital will have...
Greenergy Holdings Inc. (GREEN), the holding company of businessman Antonio Tiu, is putting up two new subsidiaries that will maximize opportunities in sectors that cater to the evolving needs of Filipino consumers especially during the pandemic. In a disclosure to the Philippine Stock Exchange,...
The board of directors of Ayala-led AC Energy Corporation (ACEN) has greenlighted the joint venture deal that the conglomerate’s energy investment arm will be cementing with Solar Philippines Power Project Holdings Inc. (SP) of millennial-businessman Leandro L. Leviste. In a disclosure to the...
Premiere Horizon Alliance Corporation (PHA) is venturing into technology-driven agribusiness following the entry of its new partners, the principals of SquidPay Technology Inc. In a disclosure to the Philippine Stock Exchange, PHA said it will be pursuing opportunities...
The local stock market is seen to trade with a downward bias this week even as investors await the release later in the week of the gross domestic product figure for the fourth quarter of 2020. “The local market’s bias is still seen to be tilted to the downside amid waning optimism and...
Leo Rey Yanson and sister Ginnette Y. Dumancas now fully control the country's largest bus company, Bacolod City-based Yanson Group (YGBC). “Despite the challenges faced in 2020, the business remains strong and resilient," according to Leo Rey, youngest son of the group's matriarch, Olivia...
While local telcos have stepped up the rollout of cell sites nationwide, the numbers have not come up to a third of the Philippines' neighbors in the region. The National Telecommunications Commission (NTC)'s latest report to Malacanang showed that the country now has a total of 22,834 cell sites....
Filinvest Land Inc. is planning to convert its wholly-owned subsidiary, Cyberzone Properties Inc. (CPI), into a Real Estate Investment Trust (REIT) Company. In a disclosure to the Philippine Stock Exchange, FLI said the move has been approved by its Board of Directors. “CPI is intended to be...
The Philippines’ Board of Investments (BOI) has approved and granted pioneer status to the P2.28 billion PETValue Philippines, set to be the country’s first bottle-to-bottle, food-grade recycling facility. The multi-phased project is a partnership between Coca-Cola Beverages Philippines,...
The Philippine subsidiary of energy giant Royal Dutch Shell is stepping up on its diversification in power, with the launch of a new corporate vehicle – the Shell Energy Philippines Inc. - that will focus on investments in electricity generation sub-segment of the energy sector. “As we continue...
Philippines' Jamie Christine Lim (red) wins against Indonesia's Zefanya Ceyco in +61kg Kumite at World Trade Center, December 9, 2019. (MB File Photo) The Karate Pilipinas Sports Federation plans to send its athletes to a training camp in Istanbul, Turkey in preparation for the world qualification...
The Philippine Competition Commission (PCC) has approved the acquisition by Scatec Solar ASA (Scatec Solar) of 100 percent of SN Power AS (SN Power) from the Norwegian Investment Fund for Developing Countries (Norfund). SN Power has investments in hydro-power businesses in the Philippines...
