Gokongweis buying out Japanese partner in PH Ministop franchise By JAMES A. LOYOLA Robinsons Retail Holdings, Inc. (RRHI) through its wholly owned subsidiary, Robinsons Supermarket Corporation, is buying out its Japanese partner and taking full control of the Ministop franchise in the Philippines....
Manila Water Company has deployed one of its mobile treatment plants (MTP) to Siargao to provide potable water to communities severely affected by super typhoon Odette. Manila Water volunteer-employees set-up the MTP near a water source in Siargao. MTP can process raw water -- river water, flood...
ABS-CBN Corporation is raising P748 million from the sale of its treasury shares and PDRs (Philippine Depository Receipts) to interested qualified institutional buyers. In a disclosure to the Philippine Stock Exchange, the firm said its Board of Directors has approved the sale of 21.32 million of...
Haus Talk, Inc. reported a 164 percent jump in revenues to P173.99 million in the first three quarters of last year from the P65.97 million registered in the same period of 2020. In a disclosure to the Philippine Stock Exchange, the firm said its net income increased by 107 percent. It did not...
Xurpas Inc. is getting a P100-million fresh capital infusion from Nico Jose Nolledo, one of the company’s three founders, through a subscription to new common shares. In a disclosure to the Philippine Stock Exchange, the firm said the fresh capital infusion will primarily be used for the...
Ayala Corporation and the Zobels’ holding firm Mermac Inc. are infusing P17.39 billion worth of real estate into Ayala Land Inc. through a property-for-equity swap. In a disclosure to the Philippine Stock Exchange, ALI said its Board of Directors has approved the property-for-share swap with AC...
Smart Communications Inc. (Smart) has teamed up with OPPO of China to develop 5G Standalone (5G-SA) use cases in the Philippines. "By maximizing its ultra-reliable and low latency capabilities, 5G-SA paves the way for new innovation and opportunities for enterprises and consumers alike," said Mario...
Smart, together with the Department of Agriculture – Agricultural Training Institute (DA-ATI), is modernizing agriculture through the Digital Farmers Program or DFP. The ladderized capacity-building program aims to enable smallholder farmers to use the internet and different mobile technologies...
Solar Philippines Power Project Holdings, Inc. (SP)m is planning to inject its solar portfolio with over 10,000 MW of developments into listed Solar Philippines Nueva Ecija Corporation (SPNEC) in exchange for P39-billion worth of shares. In a statement, SP said it is open to swap its assets for...
Antoinette Jadaone-helmed video focuses on a more important motivation for staying healthy CARRY ON The inspiring video Dahilan tugs at one’s heart string In the short film Dahilan directed by award-winning director Antoinette Jadaone for canned tuna brand Century Tuna, viewers will get to see...
Hallyu Hangouts CEW Watch out Hallyu fans! The anticipation is ripe for the next K-Drama star who will be joining the next edition of Smart’s Hallyu Hangouts series, which allows fans to get to know their idols easily with their favorite Korean idols online. Smart Hallyu Hangouts in partnership...
Manila Water Company has put into motion its water supply contingency and augmentation plans in preparation for the coming summer months and in light of lower-than-projected levels at Angat Dam. The firm said in a statement that it is working and coordinating closely with the Metropolitan...