Real estate giant Ayala Land Inc. (ALI) has successfully raised P20.5 billion through its pioneering Sustainability-Linked Financing (SLF) Program after securing a loan from the International Finance Corporation (IFC). Management Committee Members and Executives of Ayala Land, Inc., Securities and...
Fiber broadband provider Converge Information and Communications Technology Solutions Inc. and ABS-CBN Corporation’s Sky Cable Corp. have entered into a commercial arrangement that will allow Sky to upgrade its network and improve services to its subscribers. In a disclosure to the Philippine...
Globe Telecom reported that it had blocked access to an increasing number of child pornography and illegal gambling sites as part of its commitment to online safety and protection. In the first half of 2024, Globe said it successfully intercepted 1,718 domains and 190,167 uniform...
Billionaire Henry Sy Jr.’s Data Lake Incorporated and Comclark Network and Technology Corporation of tycoon Dennis Anthony Uy have inked a memorandum of agreement (MOA) to expand the coverage of Starlink in the Philippines. From Left: Data Lake COO Jose Cobarrubias, Data Lake Vice Chairman...
Property giant Ayala Land Inc. reported that its rental leasing unit, Ayala Malls, has reinforced customer data privacy measures to ensure a secure shopping environment across all its properties. In a statement, the firm said that, with increasing attention to data protection, this initiative...
Ayala-led Globe Telecom reported a substantial decrease in bank-related spam and scam SMS in its network due to its rigorous anti-fraud measures and strategic collaborations with major financial institutions. The firm said that, from January to June 2024, it successfully intercepted...
West Zone concessionaire Maynilad Water Services, Inc. plans to invest over half a billion pesos to enhance its water storage capacity by constructing a raw water reservoir. In a statement, Maynilad said it allocated over P686 million to transform the sludge lagoons within La Mesa Compound into an...
The German-Philippine Chamber of Commerce and Industry, Inc. (GPCCI) is calling on President Marcos to prioritize vital strategic reforms in his State of the Nation Address (SONA) on Monday. In a statement on Friday, July 19, GPCCI listed some needed reforms to sustain and enhance the bilateral...
Real estate giant Ayala Land Inc. is set to seal a P14-billion sustainability bond deal exclusively with the World Bank’s International Finance Corporation (IFC) on or before Friday, July 19, 2024. In an interview after the listing of the firm’s P6 billion ASEAN Sustainability bonds at the...
Clark Water, a subsidiary of Manila Water Philippine Ventures, is ramping up its efforts to combat rising energy costs and reduce its carbon footprint by expanding its solar power infrastructure. In a statement, Lyn Zamora, Clark Water’s general manager, said the water and wastewater service...
Alliance Global Group Inc. (AGI), the investment arm of tycoon Dr. Andrew Tan, expects its fast food, malls, and hotels businesses to post the strongest growth this year as consumer spending remains high. AGI President and CEO Kevin Andrew L. Tan During the firm’s annual stockholders’ meeting...
At least two port facilities that will support the development of offshore wind projects in the country are being proposed for inclusion in the General Appropriations Act (GAA) or the country’s national budget for next year. According to Energy Undersecretary Rowena Cristina L. Guevara, priority...
