After the onslaught of Typhoon Odette in December 2021, the National Grid Corporation of the Philippines (NGCP) immediately rolled out its relief efforts for severely affected communities. The company provided P27.5M-worth of assistance in the form of relief packs, hot meals, sacks of rice, bottles...
Solid Cement Corporation, a subsidiary of Cemex Holding Philippines Inc. (CHP), is finally pushing through with its long delayed capacity expansion at higher cost of $323 million from the original $235 million in 2018. In a disclosure to the Philippine Stock Exchange, CHP said Solid will be...
Security Bank Corporation donated its 2021 holiday fund allocation to support disaster relief and home rebuilding efforts in the aftermath of Typhoon Odette in line with its advocacy of community-building. The bank said it partnered with non-government organization (NGO) International Care...
Local share prices fell after the US inflation rose and raised fears of interest rate hikes. The main index plunged 162.26 points or 2.18 percent to close at 7,270.36 as Holding Firms and Banks led the retreat although the Property sector held its ground. Volume surged to 1.93 billion shares worth...
Yuchengco-led Rizal Commercial Banking Corporation’s (RCBC) unique innovations and synergized collaborations have successfully pushed financial inclusion as it notes a five-digit growth in both transaction volume and value, through its digital platforms as of end-2021. DiskarTech, touted as the...
A leader must embrace change to successfully steer his or her company to adapt to and evolve with the challenges and opportunities posed by the COVID-19 pandemic, says Pilipinas Shell Petroleum Corp. President and CEO, Lorelie Quiambao-Osial. Osial recently shared her thoughts on being a...
The local stock market declined after the resistance felt at the 7,500 triggered some profit-taking. The main index lost 69.86 points or 0.93 percent to close at 7,432.62 as the Holding Firms and Services sectors led the retreat although the Mining and Oil counter surged and Property stocks also...
San Miguel Corporation (SMC) is planning to double the capacity of its P10-billion advanced cement manufacturing facility in Davao to 100 million bags after it starts full commercial operations later this year. In a statement, SMC said its aim is to reduce reliance on imports and avoid delays in...
Jollibee Foods Corporation (JFC), one of Asia’s largest food service companies, is allotting P17.8 billion for capital expenditures this year as it reported a turnaround in 2021 with an attributable net income of P5.9 billion from a net loss of P11.5 billion in 2020. In a disclosure to the...
The Po family’s Century Pacific Group Inc. is making its first foray into the affordable and best-value real estate segment through its new real estate arm Pacifica Homes Development Corporation (PHDC). In a statement, PHDC said it has formally launched its first property development in Magalang,...
Jollibee Foods Corporation has officially opened its first Jollibee restaurant in West Malaysia at Sunway Pyramid, Petaling Jaya. “As a major consumer market in Southeast Asia, Malaysia is an important part of Jollibee’s growth and our vision of becoming one of the top five restaurant companies...
The local stock market recovered the previous day’s losses as investors took positions ahead of changes in the PSEI and MSCI. The main index rose 77.93 points or 1.06 percent to close at 7,458.23 with Holding Firms and Services sectors leading the advance while Banks lagged behind. Volume dropped...
