Gatchalian-led hotel and resort firm Waterfront Philippines Inc. reported a ₱1.76 billion gain from the sale of 57.5 hectares of land in Ilocos Norte to township developer Megaworld Corporation in a deal valued at ₱2.06 billion. In a disclosure to the Philippine Stock Exchange, Waterfront said...
West Zone concessionaire Maynilad Water Services, Inc. (Maynilad) recently signed a new Collective Bargaining Agreement (CBA) with the Maynilad Water Supervisors’ Association (MWSA), further strengthening the collaborative relationship between Management and the union representing more than 350...
A total of 40 Filipino companies were included in the second annual Fortune Southeast Asia 500 list, which ranked the region’s top corporations based on their 2024 revenues. Topping the list of Philippine firms are the largest conglomerates, banks, and utilities, with San Miguel Corporation...
Leading home improvement retailer MR.DIY Philippines (Bricolage Philippines, Inc.) secured the ESG Initiative of the Year - Philippines category at the 2025 Retail Asia Awards, recognizing its commitment to providing affordable and convenient home solutions while fostering positive community...
MORONG, Bataan — Aboitiz Power Corporation (AboitizPower), through private limited partnership GNPower Dinginin Ltd. Co. (GNPD), concluded its three-year sea turtle or pawikan protection and conservation program, SagiPaWeCan, in Sitio Fuerte, Barangay Poblacion, Morong, Bataan, with a hatchling...
Richest Filipino Manuel B. Villar, founder and Chairman of Vista Land & Lifescapes Inc. and several more publicly-listed companies, released a photo showing him in good health as a response to fake news that he had suffered a heart attack and had passed away in Singapore. The photo, taken inside...
While earnings are seen to be flat this year, the Philippines’ leading home improvement and finishing construction supplies retailer, Wilcon Depot, Inc., is increasing its capital expenditure budget by 45 percent to ₱3.2 billion from ₱2.2 billion last year. In an online media briefing, Wilcon...
Century Properties Group, Inc. (CPG) has doubled its annual dividend policy to 20 percent of the previous year’s earnings, from 10 percent, as it sees faster growth amid optimism over the prospects of the Philippine real estate sector. In a disclosure to the Philippine Stock Exchange, the firm...
Po-led Century Pacific Food, Inc. (CNPF), one of the leading food companies in the Philippines, has renewed its five-year coconut water supply agreement with The Vita Coco Company, Inc., valued at approximately ₱14 billion. In a disclosure to the Philippine Stock Exchange, CNPF stated that the...
Top influencers of investor sentiment this week will be the possible rate cut by the Bangko Sentral ng Pilipinas, overseas Filipino remittances, US-China trade talks, and the increasing tension in the Middle East. “The local market managed to extend its climb last week, backed by optimism on...
Terra Solar Philippines’ (MTerra Solar) ₱200-billion worth solar and battery facility is expected to start operations in the first three months of 2026, according to BDO Unibank, Inc., the biggest lender to the multi-billion-peso project finance facility. Earlier this year, MTerra Solar, a unit...
The Metropolitan Waterworks and Sewerage System (MWSS) has reported an increase in Maynilad Water Services Inc. 's water bills for the third quarter. In a briefing on Friday, June 13, MWSS Regulatory Office (RO) Chief Regulator Patrick Ty shared that Maynilad customers will see a slight uptick...
