Specialized food ingredients and plastics manufacturer D&L Industries Inc. is moving to commercialize a proprietary technology that integrates indigenous plant fibers into plastic production, a step aimed at capturing a slice of the growing global market for sustainable materials. The company’s...
DMCI Homes, the residential arm of DMCI Holdings Inc., plans to spend ₱16 billion in capital expenditures this year as it bets on recovery in the property market driven by the prospect of easing interest rates. In a briefing, DMCI Homes President Alfredo R. Austria said the developer intends to...
Dominion Holdings Inc., the former leasing arm of BDO Unibank Inc., is pivoting toward the mining industry following a ₱2.54 billion acquisition by Monte Sur Equity Holdings Inc. that shifts control of the investment vehicle. In a disclosure to the Philippine Stock Exchange, Dominion said its new...
With competition heating up among townships strung along the C-5 corridor from Quezon City to Pasig CIty, the Ayala-Lucio Tan Group (LTG) joint venture (JV) Parklinks estate is stepping into the fray with the opening of its own mall, envisioned to set it apart from rivals. In an interview on...
Ayala Land Offices Inc., the office development arm of property giant Ayala Land Inc., has secured a five-year lease agreement with state-run Land Bank of the Philippines for a sprawling office facility at the Ayala Malls Manila Bay Corporate Center. The transaction expands the footprint of Ayala...
CALAPAN CITY, Oriental Mindoro – Nineteen security guards assigned to the allegedly anomalous multi-million flood control projects by Sunwest Inc. in Naujan and Bongabong towns in Oriental Mindoro have filed individual complaints before the Department of Labor and Employment against their...
Six years ago, Philippine Airlines (PAL) was flying through an existential storm, operating repatriation flights while the rest of the world’s hangars went dark. Today, the “Heart of the Filipino” has found its second wind. At a star-studded 85th-anniversary gala attended by President...
Sy-led top lender BDO Unibank Inc. has sold a controlling 70-percent interest in publicly listed Dominion Holdings Inc. (DHI) to Monte Sur Equity Holdings Inc. for ₱2.54 billion, ending up as a minority shareholder with an 18.54-percent stake. BDO disclosed to the Philippine Stock Exchange (PSE)...
Leading Philippine property developer Sta. Lucia Land Inc. welcomes property buyers and investors to discover the pleasures of metro living in one of its flagship projects in Quezon City, the Acropolis Loyola. Located along Katipunan Avenue Extension, Acropolis Loyola is a 40-hectare high-end...
Sy-led top lender BDO Unibank Inc. has shortened the offering period for its fifth peso-denominated Association of Southeast Asian Nations (ASEAN) sustainability bonds, worth at least ₱5 billion, due to strong demand from both retail and institutional investors. The offering was originally set to...
MRC Allied Inc. has agreed to sell a 21 percent stake to two private investors for ₱315 million to help pay down debt and fund corporate obligations. In a disclosure to the Philippine Stock Exchange on Monday, Jan. 19, MRC said the company’s board of directors approved the issuance of 315...
The Federation of Filipino Chinese Chambers of Commerce and Industry Inc. (FFCCCII) threw its support behind the Department of Finance’s (DOF) recent tax audit reforms and the landmark trade deal with the United Arab Emirates (UAE), signaling optimism for the country’s fiscal environment and...
