Pangilinan-led Metro Pacific Investments Corp. (MPIC) has entered a memorandum of understanding (MOU) with Mitsui & Co. (Asia Pacific) Pte. Ltd. Manila Branch (Mitsui) and SteelAsia Manufacturing Corp. to explore the creation of a closed-loop steel recycling system that supports a circular economy....
From left, Sumitomo Mitsui Banking Corporation (SMBC) Manila Branch Executive Director and Head of Corporate Banking Ruben Victa, Ayala Corporation Treasurer Estelito C. Biacora, SMBC Country Head and Managing Director Yasushi Iwata, Ayala Corporation Chief Finance Officer Alberto M. de Larrazabal,...
Zobel-led Ayala Corp., the country’s oldest conglomerate, is raising up to ₱31.5 billion through the issuance of preferred shares and Samurai loans from two Japanese banks to fund the expansion of its diversified businesses. In a disclosure to the Philippine Stock Exchange, the firm said...
Japan's Mitsui O.S.K. Lines (MOL) has expressed interest in supporting offshore wind (OSW) development in the Philippines. In a briefing on Thursday, Feb. 6, Yasunori Takamatsu, president of MOL Enterprise Philippines, Inc., said the company is open to transporting materials needed for OSW...
This image provided by ONE PARK×ONE TOWN shows an artist rendering of a waterfront stadium and skyscrapers planned to be built at the site of the former Tsukiji fish market in Tokyo. (ONE PARK×ONE TOWN via AP) TOKYO (AP) — The site of Tokyo's famed Tsukiji fish market, left empty after it was...
Metro Pacific Investments Corporation (MPIC) is now all set for delisting following the high acceptance rate of the management-led tender offer, which mopped up P28.42 billion worth of the firm’s free float shares. In a disclosure to the Philippine Stock Exchange (PSE), GT Capital Holdings Inc....
Metro Pacific Investments Corporation (MPIC) reported that its planned voluntary delisting will now push through after the bidders have obtained enough shares from a tender offer to bring down the firm’s public float to less than five percent. In a disclosure to the Philippine Stock Exchange...
TOKYO, Japan — Business Manny Pangilinan and major Japanese investor Mitsui & Co. have expressed commitment to investing $600 million in infrastructure development in the country, Malacañang said. President Ferdinand "Bongbong" Marcos Jr. (BBM Media Bureau) Pangilinan bared this in a...
TOKYO, Japan — President Ferdinand "Bongbong" Marcos Jr. said there was a need to reawaken the relationship between the Philippines and Japan as it had been "dormant" due to the Covid-19 pandemic. President 'Bongbong' Marcos Jr. (RTVM Screenshot) Marcos said this in a dinner meeting with the...
The Philippine Red Cross (PRC) has recently received a P500,000.00 donation from Mitsui O.S.K Lines, LTD (MOL) through its local Philippine entity, Magsaysay MOL Marine, Inc. (Photo from Philippine Red Cross / MANILA BULLETIN) The donation is part of MOL’s support to PRC’s continuous...
