JG Summit Holdings Inc., the flagship of the Gokongwei Group, is planning a temporary shutdown of its petrochemical business in the hope of reducing its operational losses. “Management noted that the petrochemical industry continues to face significant challenges, marked by continued softness in...
After divesting its stake in Petron Corporation in 2008, trillion-dollar energy giant Saudi Aramco is reportedly plotting a re-entry into the Philippine energy sector. According to a highly placed source, this will be through a prospective merger and acquisition (M&A) deal with one of the...
Ferronoux Holdings Inc., a publicly listed shell company controlled by tycoon Michael C. Cosiquien, will be venturing into real estate development—particularly hotels and resorts, following the entry of Themis Group Corporation as a strategic investor. In a disclosure to the Philippine Stock...
Mapua University, one of the Yuchengco-Ayala schools education partnership through iPeople, has launched the Mapua School of Medicine (SOM) in collaboration with Arizona State University (ASU). In a statement, Mapua noted that ASU is the top school in the United States for innovation for the tenth...
The new EX30 (Photos courtesy of Volvo) Volvo Philippines has unveiled the Volvo EX30, its most sustainable vehicle to date, during an exclusive launch at its Makati showroom last month. With the lowest carbon footprint in Volvo’s history, this fully electric subcompact SUV marks a significant...
Maynilad Water Services Inc., the water concessionaire for Metro Manila's West Zone, is investing P30 billion in a new water treatment plant and pipeline projects in Rizal province. In an interview, Maynilad Chief Operating Officer Randolph Estrellado said P10 billion will be allocated for the...
Nabas, Aklan — To address the growing demand for power in the province, Yuchengco-led PetroWind Energy Inc. (PWEI) announced the development of additional wind turbines and a new transmission line by the National Grid Corporation of the Philippines (NGCP). In a briefing, Jayson Abaniel, PWEI...
Megaworld Corporation, tycoon Andrew Tan’s flagship property development company, is launching at least two to three new townships next year as it continues to expand its pioneering live-work-play concept. In an interview, Megaworld parent company Alliance Global Group’s President and CEO Kevin...
Creating a safer digital space for all means ensuring no one is left behind. A new community-based program is bridging the digital divide by providing senior citizens with the tools and knowledge to confidently embrace technology and protect themselves online. The SM Group, through SM Development...
Ferronoux Holdings Inc., a publicly listed shell company controlled by tycoon Michael C. Cosiquien, has sold a 23.4 percent stake to Themis Group Corporation, represented by lawyers. In a disclosure to the Philippine Stock Exchange (PSE), Ferronoux said its board of directors approved a private...
As the holidays approach, no doubt many are craving the thrill of enjoying the weekend outdoors. An active and adventurous lifestyle is best enjoyed with a vehicle that is just as dynamic, able to keep up with you in terms of capabilities and style. That’s why Mitsubishi is proud to offer these...
Suzuki Philippines announces its "Yuletide Savings Holiday Promo," providing Filipinos with an opportunity to drive home their preferred Suzuki models with special offers this holiday season. The promotion, which runs until December 31, 2024, highlights the Ertiga Hybrid and the S-Presso, offering...
