Ayala Land Inc. (ALI) and the International Finance Corporation (IFC) have signed a Memorandum of Understanding (MOU) for a partnership that would help accelerate the transition of the Philippine property sector toward net zero. Under this historic agreement, ALI and its real estate investment...
Five leading internet service providers (ISPs) in the country have signed a Memorandum of Understanding (MOU) with the Intellectual Property Office of the Philippines (IPOPHL) to establish a site-blocking mechanism against pirate sites. The ISPS that signed the MOU include Globe Telecom, PLDT...
Parts of Muntinlupa will have no water from Sept. 28 and Oct. 1 due to Maynilad Water Services’ decision to temporarily shut down its water treatment plant in the city for maintenance and repair. Maynilad has its Putatan Water Treatment Plant in Barangay Putatan, Muntinlupa. ...
DMCI Mining Corporation expects to surpass its 2022 nickel ore production and shipments after recording notable improvements in the first semester, even as it expects two new mines in Zambales with combined investments of over P500 million to start operations within a year. In an interview, DMCI...
Globe Telecom, the communications unit of Ayala Corporation, has raised P15 billion from term loan facilities with Metropolitan Bank & Trust Company (Metrobank). In a disclosure to the Philippine Stock Exchange (PSE), the firm said the loans will be used to finance its capital expenditures...
Philippine Rating Services Corporation (PhilRatings) has assigned its highest Issue Credit Rating of PRS Aaa to Filinvest Land Inc.’s planned bond issuance of up to P12 billion. FLI is planning a P10 billion bond issuance, with an oversubscription option of up to P2 billion. The bonds were...
VisMin developer Cebu Landmasters Inc. (CLI) has entered into a joint venture agreement with NTT UD Asia Pte. Ltd. (NTTUDA) of Singapore to develop premium-grade residential towers in the heart of Cebu City. In a disclosure to the Philippine Stock Exchange (PSE), CLI said both companies are...
A former employee of the Television and Production Exponents Inc. (TAPE) refuted a news report stating that he admitted in court that TV host Vic Sotto composed the “Eat Bulaga” jingle. The Marikina Regional Trial Court Branch 273 held a hearing on Sept. 21 on the application for...
Metrobank Foundation, Inc. (MBFI) president, Aniceto M. Sobrepeña, was conferred the status of Accredited in Public Relations (APR) by the Public Relations Society of the Philippines (PRSP) in the recently concluded 30 th National PR Congress. Above photo shows the PRSP Board headed by its...
BACOLOD CITY – A Chinese-Korean electric vehicle firm revealed on Friday, September 22, that 36 units of electric jeepneys (e-jeepneys) from China are expected to arrive here by the end of November. E-Future Motors Philippines (PH) Inc. received an order from their first client in the Philippines...
Quezon City and Taytay, Rizal will experience water interruptions starting Sunday, Sept. 24 to Thursday, Sept. 28. According to Manila Water Co. and Maynilad Water Services Inc., the barangays in QC and Rizal are scheduled to undergo network maintenance, leak repair, and line meter...
Solar Tanauan Corp.’s solar power plants are set to be Batangas and Cavite’s new renewable energy source. The solar plants of Tanauan, Batangas, and Maragondon, Cavite are expected to hold a gross capacity of 140 megawatts. It was estimated that 84,000 households will be powered by...
