For 12 years, Kaia Homes has pursued a singular objective: building homes that consistently exceed both industry practice and government requirements. With the grand launch of Kaia Homes Tarlac, the company unveiled the newest benchmark offering for socialized housing: a community that delivers...
Delta Air Lines Inc. is making a direct bid for the lucrative trans-Pacific market with the introduction of its first-ever nonstop flights between Manila and Los Angeles, escalating competition among major carriers on one of the region’s busiest travel corridors. The Atlanta-based airline...
Travellers International Hotel Group Inc. launched its regulated online casino platform as the country’s brick-and-mortar gaming giants increasingly pivot to the digital space. In a statement, PhilWeb Corp. said the integrated resort operator controlled by billionaire Andrew tapped the...
Telecommunications giant Globe Telecom Inc. is borrowing ₱10 billion from state-run Land Bank of the Philippines (Landbank) to bolster funding for its network expansion initiatives. In a July 15 disclosure, Globe said it signed a loan facility with Landbank to partially fund its capital...
Saudi Arabian Oil Co., the world’s largest oil exporter, has formally returned to the domestic downstream retail market after a 17-year absence, launching its first branded service station in Parañaque City on Thursday, July 16. The opening of the station along Dr. A. Santos Avenue in...
XIAMEN, China — SM Prime Holdings Inc., one of Southeast Asia’s largest integrated property developers, has opened a ₱4.1 billion hotel in China’s southern Fujian province, its first hospitality venture on the mainland as the company consolidates its focus on its late founder 's home...
International Container Terminal Services Inc. (ICTSI) has become the first company listed on the Philippine Stock Exchange (PSE) to surpass a market capitalization (MCAP) of ₱2 trillion, underscoring sustained investor confidence in the port operator’s global expansion. In a statement on...
DAVAO CITY – The Singlife Davao Marathon presented by SM Supermalls is expecting 4,000 to 6,000 local and foreign runners when the race debuts at SM Lanang in Davao City on Aug. 15 in celebration of the Kadayawan Festival. Speaking at the media launch at SMX Convention Center in Davao on...
Philippine-based business process outsourcing (BPO) firm Asiatel Outsourcing Inc. is taking a significant step toward its international expansion plans as it goes public by listing on Canada’s TSX Venture Exchange (TSXV). Asiatel made history as the first Philippine-founded BPO company to list on...
Top township developer Megaworld Corp. has raised an additional ₱147.1 million from the latest sale of shares in its real estate investment trust (REIT) unit, MREIT Inc., to increase its public float ahead of its fifth wave of asset-for-share swap. The Andrew Tan-led property firm said it sold...
Meralco PowerGen Corp. (MGen) energized the first phase of its MTerra Solar facility on Tuesday, July 14, introducing an initial wave of renewable energy into the country’s main grid to help cushion consumers from peak nighttime electricity prices. The power generation arm of Manila Electric Co....
The Philippine Stock Exchange (PSE) suspended trading of Robinsons Retail Holdings Inc. (RRHI) on July 13, after a share buyout by the founding Gokongwei family squeezed the company’s public ownership to a fraction of a percent, effectively trapping remaining minority shareholders. The trading...
