East zone concessionaire Manila Water Co. Inc. is conducting maintenance works at its Marikina North Sewage Plant and Terminal Pumping Station to improve the plant's capacity, redundancy, and compliance with environmental standards. In a statement, Manila Water said on Friday, Sept. 20, that the...
Publicly-listed niche property developer Haus Talk Inc. expects to generate P9 billion in sales from the developoment of a P1 billion property it has acquired from Liberty Flour Mills Inc. In a disclosure to the Philippine Stock Exchange, Haus Talk said its Board of Directors has approved the...
A young local stock brokerage, Luna Securities, Inc., is upping the ante in the competitive industry by slashing down its broker’s commission to an industry best rate of 0.12 percent to all of its clients, account holders and users of its trading app. In a media event, the company launched its...
Smart Communications, Inc. (Smart) announced on Thursday, Sept. 19, that some customers in parts of Metro Manila, North Luzon, and South Luzon may still experience intermittent voice and SMS services. This update follows an earlier advisory indicating that services had returned to normal as of 2:00...
The U.S. District Court for Central District of California granted final approval to PLDT’s case-ending settlement of securities class action litigation last Sept. 17, 2024. In a disclosure to the Philippine Stock Exchange, the telco giant said the class action commenced in 2023 against PLDT and...
Smart Communications, Inc. (Smart) said that some subscribers may experience intermittent service disruptions due to power issue at one of its facilities. In an advisory issued Wednesday night, Sept. 18, the Smart confirmed that the power outage is affecting service stability for certain...
The Securities and Exchange Commission (SEC) has revoked the corporate registration of Boracay Capital Holdings Inc. after it was found to be offering securities to the public without the necessary licenses from the Commission. In an order dated Sept. 4, 2024, the SEC Enforcement and Investor...
Real estate giant Ayala Land Inc. is planning to issue another P10 billion worth of Sustainability-linked (SL) Bonds after recently raising P20.5 billion from P6 billion in SL Bonds and P14.5 billion in SL Loans from the International Finance Corporation (IFC). According to Philippine Rating...
With the success of the first Tempur cinema in the Philippines, a new experiential showroom opened on September 10 in the same mall—Uptown Bonifacio in Taguig. Personalities such as Rambo Nuñez, Jason Webb, Justine Luzares, Inka Magnaye, Christian Bables, Arianna Evangelista, and John de Leon...
Telecom giant PLDT Inc. has appointed Menardo G. Jimenez Jr. as Executive Vice President and Chief Operating Officer of the company effective immediately. In a disclosure to the Philippine Stock Exchange (PSE), the firm said Jimenez’s appointment was approved by the PLDT Board of Directors on...
In an effort to boost logistics sustainability, Movem Electric, Inc., an electric mobility solutions provider of Manila Electric Company (Meralco), has collaborated with the foam and mattress firm Uratex Group of Companies. In a statement, Movem said an electric light delivery truck was handed over...
The Gotianun Group’s holding company Filinvest Development Corporation has decided to transfer its condotel business under FORA Services Inc. (FOSI) from Filinvest Hospitality Corporation (FHC) to publicly-listed Filinvest Land Inc. In a disclosure to the Philippine Stock Exchange (PSE),...
