Security Bank Corporation and its shareholder, Bank of Ayudhya PCL (Krungsri), may soon merge Home Credit Philippines (HCP) following the recent exit of MUFG Bank Ltd. from HCP. Security Bank has entered into an agreement to acquire MUFG’s 25 percent stake in HC Consumer Finance Philippines Inc....
Ayala-led Globe Telecom Inc. joined forces with Singapore-based Transcelestial Technologies Pte Ltd. to deploy a laser communications system that would expand its 4G and 5G connectivity in the country. Through its shared services and outsourcing arm Asticom Technology Inc., Globe said it conducted...
The Manila Electric Company (Meralco) and South Korea’s Samsung C&T Corporation Engineering & Construction (Samsung C&T) Group have joined forces to promote the adoption of nuclear energy in the country. In a statement, Meralco said that the memorandum of understanding (MOU)...
Power utility giant Manila Electric Company (Meralco) has accepted the lowest bid from Aboitiz-led GNPower Dinginin Ltd. Co. (GNPD) for its 400-megawatt (MW) mid-merit supply requirement, ensuring stable electricity for consumers. In a statement, Meralco said GNPD’s bid was at P7.6816 per...
Ayala-led ACEN Corporation has broadened partnership deals with two Singaporean firms for transition credits (TC) trading that could financially support the advanced retirement of its 246-megawatt South Luzon Thermal Energy Corporation (SLTEC) coal-fired power plant in Batangas. The latest...
In urban areas, especially in the Philippines, landscaping is often overlooked in favor of building tall structures, leading to a rise in the heat index. While development is inevitable, the destruction of nature can be prevented. Global real estate leaders are focusing on the forces shaping our...
TWU co-founder Aldrich Tang, Sihoo chairman Luo ‘Jack’ Huiping, TWU co-founder Rose Sunga, Scoliosis Philippines Support Group founder Amanda Bonife, Sihoo general manager Andy Liu, and sales director Alex Cheng TWU Furniture Corporation (Things We Use PH), together with Shenzhen Sihoo...
A high-ranking official of India's Adani Ports and Special Economic Zone Limited (APSEZ Ltd.) expressed the company's intention to invest in the Philippines, citing the country's stability in regulation and business environment. NEW VENTURES — President Ferdinand 'Bongbong' Marcos Jr. meets...
Clubhouse drop off aerial view (Artist's perspective) Dreams come in many forms — whether it's landing that dream job or providing a sanctuary for our loved ones. For those who yearn for an authentic Japanese- style living experience, Yume at Riverpark offers the perfect blend of minimalist...
SM Prime Holdings, Inc. (SM Prime), one of the leading integrated property developers in Southeast Asia, is embarking on a unified waste management and segregation campaign in response to the growing global crises on waste. SM Prime aims to bring all its property groups and stakeholders toward an...
An Australian company that deals with finance, technology, and risk management has expressed interest to invest in the Philippines' renewable energy, value-added mining, and digitalization. President Ferdinand 'Bongbong' Marcos Jr. meets with Macquarie Group Managing Director and CEO Shemara...
SM Prime has entered a joint venture with GUUN Co. Ltd (GUUN), with SM Prime holding 70 percent of the equity of the Philippine joint venture company. SM Prime Chairman of the Executive Committee Hans Sy and GUUN CEO Shinji Fujieda shake hands during the signing of a memorandum of understanding to...
