The Sy family’s SM Prime Holdings Inc., one of the leading integrated property developers in Southeast Asia, is planning to raise as much as P100 billion from the issuance of bonds over the next three years. SM Prime's Board of Directors told the Philippine Stock Exchange (PSE) of the approval on...
DAVAO CITY – Apex Mining Co. Inc. has vowed to help relocate displaced residents following the landslide that devastated Barangay Masara, Maco, Davao de Oro on February 6. Teresa Pacis, AMCI assistant vice president for corporate affairs and communication, said they have offered their two-hectare...
STI Education Systems Holdings Inc. reported a 132 percent surge in net income for the first six months of its fiscal year ending June 30, 2024 due to a combination of higher enrollments and tuition fee increases. In a disclosure to the Philippine Stock Exchange (PSE), the firm said net income rose...
BDO Unibank Inc., the financial services arm of the SM Group, has recently bagged 10 Anvil and Quill Awards for excellence in its public relations campaigns. In a statement, the bank said it received three Silver Anvil Awards from the Public Relations Society of the Philippines (PRSP) and seven...
DAVAO CITY – Apex Mining Co. Inc. welcomes the proposed congressional inquiry into the massive landslide in Barangay Masara in Maco, Davao de Oro. “If this inquiry will help Maco then we welcome it,” Teresa Pacis, AMCI assistant vice president for corporate affairs and communication,...
Ayala Malls, a unit of the Zobels’ real estate giant Ayala Land Inc. (ALI), is investing P13 billion for the redevelopment of four of its iconic malls in Metro Manila and Cebu in response to changing consumer preferences in the digital and post-pandemic era. (L-R) Mariana Zobel de Ayala,...
Maynilad Water Services, Inc. will implement a series of water system replacement and repair projects in Manila to address non-revenue water (NRW) and improve the city's water infrastructure. Maynilad said the west zone water concessionaire has allocated P2.7 billion for its four-year NRW...
DAVAO CITY – With the current policy framework of the mining industry, policy-advocacy group Legal Rights and Natural Resource Center (LRC) believes that the promise of gold is not worth the risk. SEARCH and retrieval operations continue in the landslide site in Barangay Masara, Maco, Davao de...
The Ayala Group’s tech manufacturing arm Integrated Micro-electronics Inc. (IMI) announced that its Chief Executive Officer Arthur R. Tan will be replaced by Lou Hughes in May this year. IMI CEO Arthur R. Tan In a disclosure to the Philippine Stock Exchange (PSE), IMI said Tan will no longer...
Integrated solar developer SP New Energy Corp. (SPNEC), now a member of the Meralco Group, has replaced MREIT Inc. in the exclusive and coveted MSCI Philippines Small Cap Index. Source: MSCI, First Metro Securities The addition of SPNEC and deletion of MREIT are the only changes in the closely...
Apex Mining Co. Inc. reported that it is operating on a lower capacity following a landslide near its Davao de Oro mine site, affecting its gold and silver production while sales are expected to be reduced. In a disclosure to the Philippine Stock Exchange (PSE), the Razon-controlled mining firm...
MGen Renewable Energy Inc. (MGreen), a unit of Manila Electric Company (Meralco), has bought an additional 2.17 billion shares in SP New Energy Corporation (SPNEC) from Solar Philippines Power Project Holdings Inc. for P2.5 billion. In a disclosure to the Philippine Stock Exchange (PSE), SPNEC said...
