The coronavirus disease (COVID-19) vaccination of private employees will start in June as about 17 million AstraZeneca doses will start to arrive next month, Presidential Adviser for Entrepreneurship Secretary Joey Concepcion said on Tuesday, May 4. Presidential Adviser for Entrepreneurship...
Enrique K. Razon Jr. Five businessmen with strong ties to sports were among the 17 Filipinos named to this year’s Forbes World’s Billionaires List. Enrique Razon Jr., Lucio Tan, Hans Sy, Ramon Ang and Inigo Zobel made it to the list composed of 2,755 billionaires from around the world, as...
The Lucio Tan Group of Companies is gearing up to vaccinate its more than 50,000 employees against SARS-COV2 as it reported that about 90 percent of them are ready and willing to get themselves inoculated. In a statement, the group said the high vaccine acceptance was attributed to the...
Puregold Price Club, Inc. (PGOLD) reported an 18.9 percent hike in unaudited consolidated net income to P8.05 billion last year from the P6.77 billion earned in 2019 as consumers stocked up on essentials during the pandemic. In a disclosure to the Philippine Stock Exchange, the firm said its...
Businessman Lucio Co is spinning off his liquor distribution businesses in Cosco Capital Inc. to another publicly-listed firm, Da Vinci Capital Holdings Inc. (DAVIN). In a disclosure to the Philippine Stock Exchange, Cosco said its Board of Directors has approved the acquisition of a controlling...
Philippine Airlines Inc. is working on a “comprehensive recovery and restructuring plan,” according to the carrier owned by billionaire Lucio Tan. The plan will enable it to “emerge financially stronger” from the global crisis, it said in a statement. It didn’t provide details of...
Philippine National Bank (PNB) is seeking to dispose of three prime properties that it values at about $1 billion as early as this year, a person familiar with the plan said. Pedestrians wearing protective mask walk near the Philippine National Bank (PNB) Center in Makati City, Metro Manila,...
