Solar solutions provider Greenheat Corporation plans to expand its operations in the coming months by increasing its installed capacity from 40 to 50 megawatts (MW) to 100 MW. In a briefing on Tuesday, Oct. 22, Glenn Tong, Greenheat managing director, said this ambitious goal is part of the...
San Miguel Corporation, the diversified conglomerate controlled by tycoon Ramon S. Ang, has completed its P1.02 billion acquisition of the interests of Razon-led Manila Water Company in two Bulacan water projects. In a disclosure to the Philippine Stock Exchange (PSE), Manila Water said the closing...
Megaworld Corporation, the pioneering developer of LIVE-WORK-PLAY townships in the country, is building the P3 billion The Bellagio Palawan--its first upscale residential condominium development inside its Baytown Palawan township in Puerto Princesa, Palawan. In a disclosure to the Philippine Stock...
Food and beverage firm RFM Corporation reported that its Board of Directors has approved the dividend declaration of a P0.148388 per share equivalent to P500 million. RFM Chief Executive Officer Jose Ma. A. Concepcion III said the cash dividend is payable on Dec. 2, 2024, with record date as of...
Speaker Martin Romualdez’s Prime Media Holdings Inc. is issuing new shares worth P561 million mainly to fund the expansion of Philippine CollectiveMedia Corporation (PCMC) which holds the group’s broadcasting franchise. In a disclosure to the Philippine Stock Exchange (PSE), Prime Media said...
AllHome Corporation and AllDay Marts Inc., both subsidiaries of AllValue Holdings Corporation of billionaire Manuel B. Villar Jr., have both named new acting presidents to manage the companies. In a disclosure to the Philippine Stock Exchange (PSE), AllHome reported the nomination and election of...
The local stock market dipped on thin trading as investors wait for fresh corporate earnings reports to come out. The main index shed 9.1 points or 0.12 percent to close at 7,406.63 with sectoral indices evenly mixed. Volume was weak at 638 million shares worth P3.3 billion as losers outnumbered...
UnionBank and Mercury Drug launched the new UnionBank Mercury Credit Card — a one-of-a-kind credit card designed to reward consumers for prioritizing their health and wellness. The card was unveiled at an exclusive event last October 18, 2024 at Grand Hyatt Hotel....
PHINMA Properties, the real estate arm of the Del Rosario’s PHINMA Corporation, is investing P12 billion for the development of its township in Bacolod City called Saludad. In a disclosure to the Philippine Stock Exchange, the firm said it launched the township last October 19 to reveal its...
Ayala-led Globe Telecom Inc. is looking to transition 20 of its facilities to using renewable energy (RE) over the next five years as part of its commitment to attain a zero carbon footprint by 2050. In a statement on Monday, Oct. 21, Globe said it tapped the retail electricity supply (RES) unit of...
Citicore Renewable Energy Corp. (CREC) has partnered with Levanta Renewables to develop an onshore wind portfolio in the country. Through its subsidiary, Citicore Wind Energy Corp. (CWEC), CREC said it will collaborate with Levanta on four onshore wind projects in Luzon and Visayas. CREC said...
Dennis Uy-led Dito Telecommunity Corporation is targeting to more than double the number of its home subscribers in 2025, as it banks on the millions of households within its coverage area that are yet to have internet connection. On the sidelines of the company’s launch of its Dito Home WOWFi in...
