Making way for the construction of the Department of Transportation’s (DOTr) Metro Manila Subway Project, Razon-led East Zone concessionaire Manila Water Co. Inc. announced it has successfully relocated its key pipeline in Quezon City during the first half of 2025. In a statement on Friday, July...
The Securities and Exchange Commission (SEC) has approved the planned ₱13-billion initial public offering (IPO) of Hann Holdings Inc., the owner and developer of the integrated resort (IR) brand Hann Resort. In its meeting on July 17, the Commission En Banc resolved to render effective the...
Hyundai is making the highly desirable Santa Fe even more accessible with its latest trim level now priced just under P2M. This variant of the Santa Fe is equipped with essentials that define its strong road presence and advanced technologies. It sports the iconic exterior with H-shaped horizontal...
Carl Cruz had a choice: stay comfortable or seek a new challenge. After three decades building a successful career in the fast-moving consumer goods (FMCG) industry, he chose the latter, venturing into the world of telecommunications. “What 's there to prove?” This was the question his...
Market sentiment is showing certain signs of improvement, an emerging consensus among the biggest players. Amidst growing geopolitical tensions, the outlook remains positive, with the domestic bourse gradually becoming “more conducive” to initial public offerings (IPOs). Mobile wallet service...
State-run Social Security System (SSS) has acquired a 6.37 percent stake in real estate firm Century Properties Group Inc. from the Antonio family for ₱500 million. In a disclosure to the Philippine Stock Exchange, CPG said its majority shareholder Century Properties Inc. has sold a total of...
Globe Telecom Inc. is ramping up its sustainability efforts by transitioning more than 3,000 cell sites and other low-energy utilization facilities to renewable energy, with a target completion date of 2028. The Ayala-led telecommunications giant announced that it has begun the process of...
Retail electricity supplier MPower is set to power the cell sites and facilities of PLDT, Inc. and Smart Communications, Inc. as part of the Energy Regulatory Commission’s (ERC) Retail Aggregation Program (RAP). In a statement on Thursday, July 17, Manila Electric Company (Meralco) said MPower...
Construction firm Scheirman Construction Consolidated Inc. (SCCI) has deployed ₱129 million worth of new vehicles and heavy equipment to accelerate the company’s nationwide footprint. In partnership with Powertrac Inc. and SB Rental, SCCI unveiled its new fleet during a turnover ceremony held...
Real estate giant Ayala Land Inc. continues to aggressively expand its retail leasing portfolio, with plans to open three to five malls per year, in addition to acquiring new spaces through the expansion and renovation of existing malls. In a briefing, Ayala Malls President and Head of Leasing and...
Mass housing developer 8990 Holdings, Inc. is planning to voluntarily delist from the Philippine Stock Exchange, as it believes the stock market is not providing it with a fair valuation. In a disclosure to the PSE, the firm said its board of directors approved the voluntary delisting during a...
D&L Industries Inc., the country’s top specialty food ingredients and oleochemicals producer, has maintained the top Issue Credit Rating of PRS Aaa with a Stable Outlook for its ₱2 billion outstanding Fixed Rate Bonds assigned by Philippine Rating Services Corporation (PhilRatings). Obligations...
