AC Health, the Ayala Group’s leader in high-quality healthcare solutions, through the Healthway Medical Network, is transitioning its medical facilities to renewable energy in partnership with ACEN Renewable Energy Solutions (ACEN RES). In a statement disclosed to the Philippine Stock Exchange...
Real estate giant Ayala Land Inc. is planning to issue another P10 billion worth of Sustainability-linked (SL) Bonds after recently raising P20.5 billion from P6 billion in SL Bonds and P14.5 billion in SL Loans from the International Finance Corporation (IFC). According to Philippine Rating...
President Marcos expressed hopes that the Philippines and a Japanese trading conglomerate can collaborate more in terms of the country's development agenda. President Ferdinand 'Bongbong' Marcos Jr. welcomes Marubeni Corporation President and CEO Masumi Kakinoki at the Malacañan Palace on Sept 17,...
The Gokongwei Group’s Robinsons Land Corporation (RLC) is investing P3.5 billion this quarter to acquire land for an integrated development in Taguig City. In a disclosure to the Philippine Stock Exchange (PSE), the firm said the investment will be reallocated from funds it raised from the...
By Rence Forza Life within a business district like Ortigas Center in Pasig means a life of utmost convenience and connectivity, where essentials—whether it's the office, quality health facilities, or spots for recreation—are mere moments away. But what deeper value lies in convenience? Rising...
Philippine equities continued to rally as investors bet on a rate cut announcement by the US Federal Reserve. The main index raced up 71.16 points or one percent to close at 7,175.36 as Conglomerates led the charge with only the Services counter lagging behind. Volume was strong at 713 million...
San Miguel Corp.’s New NAIA Infra Corp. (NNIC) has remitted its upfront payment for the Ninoy Aquino International Airport (NAIA) public-private partnership (PPP) project, the Department of Finance (DOF) said. In a statement, Finance Secretary Ralph G. Recto said the P30 billion payment, made...
Young billionaire and Solar Philippines Founder Leandro Leviste is investing over P15 billion to create jobs in Batangas and other provinces through his Provincia Investments Corporation (PIC). In an announcement posted on Solar Philippines’ Facebook page, Leviste said this new budget is in...
Consunji-led Semirara Mining and Power Corporation (SMPC) is eyeing Japan as additional export market for beefed up coal output from its Semirara mine in Antique province. SMPC President and Chief Operating Officer Maria Cristina C. Gotianun told reporters that the company had already done trial...
The Gotianun Group’s holding company Filinvest Development Corporation has decided to transfer its condotel business under FORA Services Inc. (FOSI) from Filinvest Hospitality Corporation (FHC) to publicly-listed Filinvest Land Inc. In a disclosure to the Philippine Stock Exchange (PSE),...
Ayala Corporation is once again the highest-ranked Philippine company in the Time World’s Best Companies 2024 list. The World's Best Companies 2024 ranking is a comprehensive analysis conducted to identify the top-performing companies across the globe. This distinction is presented by Time and...
SM Investments Corporation is seen to perform better in the second half of this year as it benefits from the traditionally stronger sales for the retail business during the long Christmas season. Macquarie Capital Securities (Philippines), Head of Research Gilbert Lopez said in a research reports...
