West zone concessionaire Maynilad Water Services, Inc. will invest P4 billion to rehabilitate and improve its current pumping stations and reservoirs. As part of the company’s upgrade project which began last year, the allocation will be spent on 22 facilities that are operating non-stop to...
Aboitiz Equity Ventures Inc. (AEV) and Coca-Cola Europacific Partners Plc (CCEP) have completed their $1.8-billion acquisition of Coca-Cola Beverages Philippines Inc. (CCBPI) from The Coca-Cola Company (TCCC). In a statement, AEV said CCBPI, the exclusive bottler and distributor of TCCC...
Japan is a world leader in state-of-the-art technology and design that lean toward functionality and elegant simplicity. This distinct ingenuity and artistry are just a few of the many reasons real estate developer Federal Land, Inc. has partnered with leading Japanese firms to deliver a slice of...
Glorietta 4 facade (Photos courtesy of Ayala Malls) The dynamic retail sector in the Philippines is being driven by the constant evolution of Filipino consumers, and Ayala Malls is at the forefront, unveiling plans to transform its iconic malls—Glorietta, Greenbelt, TriNoma, and Ayala Center...
Sy-led Data Lake, Inc. has cemented a teaming agreement with DFNN, Inc. to reinforce internet connectivity in the country by bolstering up Starlink’s presence with suite of offers on complementary technology, sales channels as well as marketing expertise. Businessman Ramon Garcia Jr, who is the...
As Global Recycling Day draws near, score a twofold win for the environment by decluttering your home and breathing new life into waste with Smart Recycle PH's “Recycling for Trees” campaign, which converts recyclables into fruit-bearing trees. In partnership with Ramon Aboitiz Foundation...
Despite the ongoing tension in the West Philippine Sea (WPS), Sen. Imee Marcos expressed her belief that the Chinese Filipinos, or "Chinoys" will have a unique and special role to play in creating an understanding between both sides. Sen. Imee Marcos attends the 13th Biennial National...
Property developer Century Properties Group Inc. (CPG) has raised P2 billion from its follow-on offering of perpetual, cumulative, non-participating, non-voting, redeemable, non-convertible Series B Preferred Shares (CPGPB). “We are very pleased with the investors' reception of our issuance...
The planned P6.75 billion acquisition of ABS-CBN Corporation’s Sky Cable by PLDT Inc. will no longer push through as both parties have mutually decided not to proceed with the transaction for undisclosed reasons. “Following this development, Sky Cable is pleased to announce that its...
Maynilad Water Services, Inc. is making its largest capital investment ever this year since the privatization of water services in Metro Manila nearly three decades ago. In a statement, Maynilad said that the West Zone concessionaire is set to invest more than P31 billion this year in water and...
Real estate giant Ayala Land Inc. (ALI) is launching P115 billion worth of projects this year with a capital expenditure (capex) budget of P100 billion as it is optimistic about opportunities for 2024. ALI President and CEO Anna Ma. Margarita B. Dy In a media and analysts’ briefing, ALI President...
Property giant Ayala Land Inc. (ALI) of the Zobels posted a 32 percent growth in net income to P24.5 billion in 2023, fueled by robust property demand and heightened consumer activity. In a media and analysts’ briefing Tuesday, Feb. 20, ALI Chief Finance Officer Augusto Bengzon said...
