The Tiwi and Makiling-Bahanaw geothermal plants have started supplying the electricity requirements of American financial services company Wells Fargo through the retail electricity supplier (RES) agreement that the parties have entered into. Wells Fargo Philippines, McKinley Hill, Bonifacio Global...
Real estate developer Century Properties Group, Inc. has raised P3.0 billion in fresh funds from its latest bond offering, P1 billion more than its initial target because the offer was twice oversubscribed. CPG said the three-year unsecured Peso-denominated fixed rate retail bonds, carrying a...
Philippine garment factories expect to receive new orders worth up to $500 million from top global fashion brands as they start transferring production orders from troubled Myanmar to the Philippines and other Asian countries. Photo credit: (Philexport News and Features) Foreign Buyers Association...
Israeli-based firm LR Group is yet to seal a deal with the Philippine government three years after it was supposedly tapped to develop a solar-powered irrigation system (SPIS) in the country. National Irrigation Administration (MANILA BULLETIN) In a statement, the National Irrigation Administration...
German firm Siemens Energy is projecting that economies in the Asia Pacific region will immensely propel energy demand growth within the stretch of two decades or until year 2040. Brian Byrne, senior vice president of Siemens Energy Asia Pacific Hub, said “Asia Pacific’s growth aspirations will...
Eight firms under the SM group of companies received Golden Arrow Awards from the Institute of Corporate Directors (ICD) for performing well in the ASEAN Corporate Governance Scorecard (ACGS). In a statement, the conglomerate said this is an assessment benchmarked against international best...
Century Properties Group Inc. announced that Jose Roberto “Robbie” R. Antonio has resigned as Co-Managing Director and Member of the Board, effective immediately. In his letter to the CPG Board on February 20, 2021, Antonio said his departure will allow him to focus on resolving the issues in...
The Ayala group of companies has immediately mobilized resources to assist families affected by Taal Volcano’s renewed seismic activity. Through Ayala Foundation, the Ayala group provided food and non-food items for families staying in three evacuation centers in Talisay, Batangas on February 17...
The Ayala Group of Companies, through the Ayala Foundation, has donated testing kits and other medical supplies to Quezon City to boost the testing capacity of the country’s biggest city. In a statement, the conglomerate said QC Mayor Joy Belmonte received P4.5 million worth of supplies that...
Two separate boards of directors were elected in two separate stockholders’ meetings held by rival factions of the Yanson family for Rural Transit (Mindanao) Inc., one of the bus companies under the Yanson-owned conglomerate Vallacar Transit Inc. The group that calls itself the Yanson...
Theirs is an exceptional story of a family-led conglomerate that had to rise from the rubble – not just once, twice or thrice but maybe even more – that’s because of the wretch of politics often infringing on their businesses, be it in the power sector or in their television network. Oscar M....
BTS performing at their 'Map of the Soul ON:E' concert (Big Hit) Leading K-pop agencies Big Hit Entertainment and YG Entertainment, Universal Music Group (UMG) and Kiswe are partnering to launch a digital live streaming platform. Big Hit Entertainment announced that YG and UMG will invest in KBYK...
