Aboitiz Economic Estates continues to set the benchmark for industrial development in Southeast Asia, earning the title of Best Industrial Developer at the 2025 Dot Property Southeast Asia Awards. This distinction is further reinforced by TARI Estate’s recognition as Southeast Asia’s Best...
HONG KONG — Metro Pacific Investments Corp. (MPIC) has begun due diligence on PrimeWater Infrastructure Corp. and its assets, a process that will determine whether the conglomerate makes a formal bid to acquire the water utility from the Villar family. “We signed a non-disclosure agreement with...
West Zone concessionaire Maynilad Water Services Inc. successfully debuted on the Philippine Stock Exchange after its ₱34.33 billion initial public offering (IPO) was heavily favored by investors, ending 2.7 times oversubscribed. In a briefing before the listing, Maynilad Chief Finance Officer...
A Catholic church will soon rise in Dagupan City – the Shrine of the Our Mother of Perpetual Help. The groundbreaking ceremony for the new landmark of faith was held on Tuesday, Oct. 28. The church honors the devotion of the late spouses Jimmy and Remedios Fernandez. Archbishop Socrates Villegas...
Metro Manila’s West Zone concessionaire Maynilad Water Services, Inc. has decided to exercise in full the ₱5.32 billion upsize portion of its ₱34.33 billion initial public offering in response to strong investor demand for the firm’s stock. In a statement, Maynilad said that, after the...
Philippine Airlines (PAL) is looking at increasing flights to the United States, particularly to New York, once the first of its Airbus A350-1000s arrive. “We’re still working on the final delivery date, but it will be either December or January. But we’re still waiting for the final delivery...
Flag-carrier Philippine Airlines (PAL) is calling for the creation of a single, coordinated national airport masterplan to optimize operations and increase the capacity of existing gateways while building additional hubs. Speaking during the Philippine Aviation Summit, PAL Executive Vice President...
Aside from lead cornerstone investors International Finance Corp. and Asian Development Bank (ADB), Maynilad Water Services, Inc. has signed cornerstone investment agreements with 10 more international and domestic institutions led by the UK’s Foreign, Commonwealth and Development Office, acting...
Despite the currently adverse market conditions, Maynilad Water Services Inc. is looking forward to a successful initial public offering (IPO) as it has already secured the commitment of cornerstone investors, although at a lower ceiling price. “The market is bad, but we are putting in a very...
President Marcos has honored two career diplomats with the Order of Sikatuna for their contributions in the Philippine foreign service. In a ceremony at the Malacanan Palace on Thursday, Sept. 4, Marcos conferred the Order of Sikatuna on Ambassador Antonio Manuel Lagdameo and Ambassador-designate...
Unicapital Securities, Inc. sees the local stock market turning the corner in the second semester from the weakness in the first half and forecasts the Philippine Stock Exchange index (PSEi to rise to 7,100 by year-end although this is lower than its projection of 7,800 earlier this year. After...
The Manila Interior Design Summit (MIDS) 2025, held from July 31 to August 3 in key Metro Manila venues, focused on people-centered design. In its third and most forward-looking edition, it brought together design leaders and emerging talents from across Asia-Pacific under the theme "Design/Shift:...
