Manila has the second-highest rent prices among six major cities in Southeast Asia right after Singapore, according to a new research. Based on iPrice Group’s research , living in Manila can be quite a challenge, especially monetarily. The meta-search group gathered the estimated monthly cost of...
Businessman Manuel V. Pangilinan has opened the MVP Group’s emergency quarantine facility with 240 individual air-conditioned quarantine tents and beds in Antipolo, Rizal for employees with asymptomatic to mild cases of COVID-19. This emergency quarantine facility will help decongest hospitals in...
The local stock market is seen to continue to be weighed down by concerns over the COVID-19 pandemic although upcoming annual stockholders’ meeting may also influence investors depending on the tone they set. “Next week, we still see a downward bias for the local market as pandemic worries are...
The recurring gas production restriction from the Malampaya field will de-rate anew the electricity generation of the 1,200-megawatt Ilijan gas-fired power facility in Batangas, one of the biggest power plants in the country. In an advisory sent by state-run National Power Corporation to plant...
Cebu-based retailer Metro Retail Stores Group, Inc. (MRSGI) suffered a net loss of P449.6 million last year from the net income of P775.6 million recorded for 2019. In a disclosure to the Philippine Stock Exchange, the firm said the decline was due to a pandemic-driven 15.0 percent decrease in net...
With the rumors circulating that Gucci's Alessandro Michele has collaborated with the house of Balenciaga's Demna Gvasalia, fashionistas are quick to celebrate in excitement with this latest development from Kering Group. The apparent source of the rumor stems from Italian market reports, as first...
Filipinos are more interested in Ivermectin, the unapproved drug treatment for COVID-19, than vaccine registrations and oxygen tanks, research showed. iPrice Group, a meta-search website which shared its recent study, said that based on their research there was only an estimate of 1,430...
Max’s Group, Inc., the country’s largest casual dining restaurant group suffered a net loss of P1.68 billion last year from a net income of P724.23 million in 2019 due to the pandemic and a one time loss. In a disclosure to the Philippine Stock Exchange, the firm said the 2020 loss includes...
Global Ferronickel Holdings, Inc. (FNI), the second-largest nickel producer in the country, is targeting to ship 6 million wet metric tons (WMT) of nickel ores this year on the back of expanded operations. This is higher than the 5.62 million WMT of nickel ores the company shipped in 2020, said FNI...
Century Properties Group announced the election of Aileen Christel U. Ongkauko as an Independent Director of the company effective April 7, 2021. Ongkauko is concurrently the Group President and Chief Executive Officer of La Filipina Uy Gongco Corporation & Subsidiaries, a...
The True MVPs: Frontliners from Metro Pacific hospitals and government hospitals alike receive daily meals from Chairman Manny V. Pangilinan and Tulong Kapatid, the corporate social responsibility alliance of foundations and companies under the MVP Group of Companies, as a show of support for their...
The Villar Group announced that it is set to vaccinate its employees, workers, and their families nationwide as it continues to be proactive in its fight against COVID-19. Aside from Oxford-Astra Zeneca vaccine it ordered earlier, the Group said it has ordered vaccines from Moderna for...
