Mitsubishi Corporation’s acquisition of an indirect 6.8 percent stake in Globe Fintech Innovations, Inc. (Mynt) is seen to boost investor interest in the planned initial public offering of the GCash owner and its shareholders. Stock analysts said strategic investment by Mitsubishi will also open...
In a startling report on climate adaptation, the Intergovernmental Panel on Climate Change revealed warming-fueled disasters are already worse than scientists first predicted. Sudden shifts in weather patterns are not new, but they are happening at a rate and intensity that pose a growing risk to...
Reaffirming its commitment to addressing involuntary hunger, SM Advantage Card (SMAC) has donated ₱14.93 million to Globe’s Hapag Movement, marking a significant milestone in Globe’s drive to beat involuntary hunger and uplift communities across the country in time for World Food Day. Unite...
The SM Group is expanding its footprint in Clark Freeport and Special Economic Zone in Pampanga with the construction of a P2 billion multi-modal transport terminal, a convention center, and several hotels. In a statement, SM Investments Corporation said its integrated property in Clark is set to...
(Center/4th from the Left) Carol T. Mills, head of Ayala Land Offices (ALO); and (2nd from the right) Gail Samaniego, head of ALO asset management and business and project development group receive the award for Ayala Land at the BCI Asia Awards 2024. Ayala Land, Inc. (ALI) has been at the...
At the coming Philippine International Motor Show, Suzuki is set to present a lineup of vehicles and activities that reflect the brand’s dedication to sustainable driving solutions. All driving enthusiasts and families are invited to come to the show to experience their vision of future mobility...
In an exciting move early this year, Victor Consunji Development Corp. (VCDC) successfully acquired 80,290 square meters of prime land from one of the country’s leading developers, Sta. Lucia Land. The acquisition forms part of Sta. Lucia's latest premium offering, Acropolis Loyola, located in...
Residents of Aloguinsan, Cebu are set to benefit from an improved communication and connectivity after telecommunications giant PLDT Inc. and its wireless unit Smart Communications Inc. successfully rolled out additional cellular sites in the area. On Wednesday, Oct. 16, PLDT said it joined forces...
East zone concessionaire Manila Water Co. Inc. is nearly complete with its mainline extension project that could help expand its supply service to more than 24,000 residents and 4,000 households in Antipolo City, Rizal. Manila Water’s project in Sitio Tanza and Tolosa Ville in Rizal province...
The Consunji Group’s flagship DMCI Holdings Inc. has declared a special cash dividend of P6.4 billion or P0.48 per common share for shareholders on record as of October 30, 2024. In a disclosure to the Philippine Stock Exchange, the firm said ex-dividend date has been set on October 29, 2024...
DMCI Holdings Inc. has secured the approval of its shareholders for the P10 billion cash infusion of parent company Dacon Corporation to fund its share in the acquisition of an almost 90 percent stake in Cemex Holdings Philippines Corporation (CHP). Approved during the special stockholders’...
Mindanao Container Terminal (MCT), the Cagayan de Oro port operation of International Container Terminal Services, Inc., received the inaugural call of MV Ever Core which links it to with key international markets in Hong Kong and Taiwan. The new bi-monthly service comes under a new joint...
