Smart Communications Inc. (Smart), the wireless arm of leading integrated telco network PLDT Inc., and Clark Development Corp. (CDC) have recently signed lease agreements covering telco facilities inside CDC to boost connectivity for businesses and other locators in the area. Leading the signing...
The local stock market bounced despite weaker US bourses as investors started picking up bargains. The main index rose by 53.67 points or 0.89 percent to close at 6,094.71 as the Property sector surged back although the Services and Mining and Oil counters continued to retreat. Volume...
Sen. Raffy Tulfo on Thursday, September 21, criticized the Social Security System (SSS), the Philippine Health Insurance Corporation (PhilHealth), and the Home Development Mutual Fund or Pag-IBIG for not doing enough to ensure that employers have enrolled their "kasambahays" and are paying their...
Richest Filipino Manuel B. Villar Jr.’s Vista Land and Lifescapes Inc. has received the highest PRS Aaa issue credit rating, with a Stable Outlook, from Philippine Rating Services Corporation (PhilRatings) for its planned bond issuance of up to P10 billion. Vista Land, one of the country’s...
Acesite (Philippines) Hotel Corporation will be conducting its annual meeting of stockholders on October 10, 2023, Tuesday at 10:00 AM at the Ipil Room, 14th Floor Bayview Park Hotel, 1118 Roxas Blvd. corner United Nations Avenue, Ermita Manila. A copy of the official...
SINGAPORE – Multinational energy giant Shell is targeting to expand its nature-based solutions (NBS) proposition both to corporate-clients and individual customers that have been batting for carbon offset in their fuel usage. In an interview here, Shell Pilipinas Corporation Vice President for...
The Philippine Stock Exchange (PSE) is removing Metro Pacific Investments Corporation (MPIC) and Aboitiz Power Corporation (AboitizPower) from its benchmark index and replacing them with Bloombery Resorts Corporation and Century Pacific Food Inc. In a memorandum posted on the PSE website, PSE...
For the fourth day in a row, index heavyweights led the local stock market lower as US bourses were weaker while investors wait for the US Federal Reserve meeting. The main index shed 6.93 points or 0.11 percent to close at 6,041.04 as Banks and Conglomerates declined although the four other...
With the funding and development of its estimated $244 million Silangan gold mine underway, Philex Mining Corporation is now planning to venture into nickel mining while eyeing the possible acquisition of two gold prospects: the old Dizon copper silver mine and the Macawiwili property beside its...
Mining allows green technology to flourish on top of economic benefits such as the generation of revenues and jobs to uplift the lives and promote the welfare of the people, particularly in far-flung areas, according to businessman Manuel V. Pangilinan. As Philex Mining Corporation chairman,...
Township developer Megaworld Corporation expects to generate P5 billion in revenues from the launch of its fifth residential condominium development inside its 34-hectare The Upper East township in Bacolod City. In a disclosure to the Philippine Stock Exchange (PSE), the firm said the 26-storey...
Isla Mactan-Cordova Corporation (IMCC), a wholly-owned subsidiary of Vivant Hydrocore Holdings Inc., is set to complete the country’s first utility-scale seawater desalination project in Cordova, Mactan by December this year. In a statement, parent company Vivant Corporation said the P2-billion...
