Real estate giant Ayala Land, Inc. (ALI) is increasing its capital expenditures by 17.4 percent to P85 billion this year, from the P72.4 billion actually spent in 2022, to take advantage of growth prospects in 2023. In a media and analsyts’ briefing, ALI President and CEO Bernard Vincent O. Dy...
The Maynilad Water Service Inc. announced the implementation of water service interruption from Feb 21 to 24, due to prolonged high water turbidity brought by the amihan winds. According to the advisory of Maynilad, four cities in the southern Metro Manila will experience water service...
CEMEX Philippines makes a distinct achievement as the first cement company in the country to be certified as a Great Place to Work. This recognition showcases the company's commitment to creating a positive and inclusive work environment for its employees. Great Place to Work certification is given...
Leading Philippine counter service bakery company, Balai ni Fruitas, listed on the Philippine Stock Exchange under the ticker BALAI, is expanding the distribution of Balai Pandesal baked goods in Cebu through supermarkets and convenience stores. This is in line with the company’s strategic...
iPeople, the Yuchengco-Ayala education partnership, expects to enlist more students in the coming school year under its collaboration with Arizona State University for remote learning. In an interview, iPeople President Fred Ayala said they have already soft-started the collaboration with ASU this...
SM Prime Holdings Inc., one of the leading integrated property developers in Southeast Asia, reported a 38 percent growth in consolidated net income to P30.1 billion last year from P21.8 billion in 2021. In a disclosure to the Philippine Stock Exchange, the firm said the improvement is supported by...
Sun Life of Canada (Philippines), Inc. said the company is planning to expand its presence in Visayas and Mindanao in the next three to five years. In a statement, Alex Narciso, Sun Life President said the insurance company plans to open additional offices in various regions as well as grow its...
Developer Cebu Landmasters Inc. (CLI) is set to launch 17 residential projects this year in pursuit of its continued expansion into new areas in Visayas and Mindanao. On the back of strong sales in 2022, CLI Executive Vice President and COO Jose Franco Soberano said “We foresee an even more...
Manila Water Company reported that its social flagship program Tubig Para sa Barangay (TPSB) continues to provide service improvements to 1.8 million Filipinos in urban poor communities in the East Zone of Metro Manila. In a statement, the firm said the program, which aims to provide sustainable...
Shoppers can now register their SIM cards as Robinsons Malls opens assisted SIM registration booths for subscribers of Smart Communications and TNT until the end of this month. Smart and TNT's assisted SIM registration services are ongoing from Feb. 14-28 at the Lingkod Pinoy Centers of Robinsons...
Ookla®, the global leader in mobile and broadband network intelligence, gave Smart Communications, Inc. its Best Mobile Network award for 2022. Smart was the first and only Philippine mobile operator to win Ookla’s Best Mobile Network award for the Q1-Q2 2022 reporting period. Smart set another...
Cemex Holdings Philippines Inc. (CHP) is remaining neutral and is neither discouraging nor encouraging its shareholders to tender their shares in the P2.1 billion tender offer being made by its parent company Cemex Asian South East Corporation (CASEC). In a disclosure to the Philippine Stock...
