President Marcos assured small poultry businesses and backyard growers that they will thrive alongside the poultry megafarms being put up around the country. President Ferdinand 'Bongbong' Marcos Jr. joins San Miguel Corporation President Ramon S.Ang in the inauguration of the world-class...
Landco President and CEO Erickson Y. Manzano spearheaded the premium real estate developer’s inaugural roadshow to Southern California and to a broader US market at The Aster, citing the support of its parent company Metro Pacific Investment Corporation’s Chairman Manuel V. Pangilinan . Landco...
Publicly-listed sugar and real estate firm Central Azucarera de Tarlac Inc. (CAT) reported that its wholly-owned subsidiary Luisita Land Corporation is selling a 200-hectare property to Lima Land of the the Aboitiz Group. In a disclosure to the Philippine Stock Exchange (PSE), the CAT said its...
What is possible abroad can also materialize in the Philippines as far as food security is concerned. President Ferdinand 'Bongbong' Marcos Jr. joins San Miguel Corporation President Ramon S.Ang in the inauguration of the world-class controlled-climate Magnolia poultry farm in Hagonoy, Davao del...
Ayala-led ACEN Corp. has committed P2 billion for green projects in Northern Luzon following successful preferred shares issuance last month. In a disclosure to the Philippine Stock Exchange on Wednesday, Oct. 11, ACEN said the company has disbursed P1.72 billion for solar projects in Zambales,...
Two years after ceding control of Manila Water Company (MWC) to billionaire Enrique K. Razon Jr., the Ayala Group is further reducing its stake in the water concessionaire by selling more shares to raise P5.7 billion as part of the Zobel conglomerate’s P50-billion fund raising activity. In a...
Billionaire Enrique K. Razon Jr. has diluted his ownership in gaming firm Bloomberry Resorts Corporation in order to raise P5.59 billion in fresh capital while increasing the liquidity and foreign ownership of its stock . In a disclosure to the Philippine Stock Exchange (PSE), the firm said that...
Consunji-led Semirara Mining and Power Corporation (SMPC) has declared record-high special cash dividends of P14.88 billion, based on the approval granted by its board of directors on October 10 this year. The company noted that the special cash dividends will form part of the payout that it has...
Iloilo-based electric distribution utility, More Electric and Power Corp. (MORE Power), has formed a partnership with the World Surgical Foundation Phils. (WSFP) Inc. to address healthcare disparities in underserved areas. In a statement on Monday, Oct. 9, MORE Power said the collaboration aims to...
East Coast Vulcan Corporation (ECVC), formerly Vulcan Industrial and Mining Corporation, reported that it has already raised its public float to above 20 percent to comply with the minimum public ownership requirement of the bourse. In a disclosure to the Philippine Stock Exchange (PSE), the firm...
The local stock market is seen to remain cheap and this may continue to spur investors to bargain-hunt although the recent rise in the inflation rate and worries over the country’s economic growth are seen to limit any rallies. “The local market remains at bargain levels with a price to...
Pioneer renewable energy producer Alternergy Holdings Corporation is planning to undertake a quasi-reorganization of its capital stock in order to wipe out P42.27 million in deficit as of June 30, 2023. In a disclosure to the Philippine Stock Exchange (PSE), Alternergy said its Board of Directors,...
