CEMEX Asian South East Corporation (CASEC) is increasing its stake in Cemex Holdings Philippines Inc. (CHP) to 89.86 percent from 77.89 percent by acquiring an additional 11.97 percent through a P2.1 billion tender offer. In a disclosure to the Philippine Stock Exchange, Cemex said the tender offer...
Solar Philippines Power Project Holdings, Inc. (SP) is opening up subsidiary SP New Energy Corporation (SPNEC) to more strategic partners as it is planning private placements worth about P2.7 billion through asset-for-share swaps. In a disclosure to the Philippine Stock Exchange, SP said the...
SM Investments Corporation is optimistic about its prospects this year as it pushes forward with its expansion and growth plans to reach more communities. “We are investing in the future growth of the Philippines as it continues to present tremendous potential,” SM Investments Corporation...
The Maynilad Water Services Inc. announced that several villages in Parañaque and Pasay will continue to experience water service interruption from Jan. 26 to 27. The Parañaque Public Information Office (PIO) posted on its Facebook page that water service interruption will be implemented in...
From left: Vice President, Elvin Allyson Monteiro; Chairman of the Board, Ben Monteiro; and President, Levin Jetrho Monteiro. LB Levinson Brothers Inc., led by its Founder and Chairman of the Board Engr. Ben Monteiro and his sons Jetrho and Benson, marked its silver jubilee in the business with the...
Smart and Maya 'Power Savings' Smart Communications, Inc. together with Maya introduced 'Power Savings'. This promo gives qualified postpaid subscribers of the mobile network a unique opportunity to grow their money faster and extra cash daily to help them achieve their financial goals. Smart...
There are now more than 24 million registered Subscriber Identity Module (SIM) cards in the Philippines. The National Telecommunications Commission disclosed that the number of registered SIM cards in the country has breached 24 million. Based on the data as of Jan. 22, Smart Communications Inc....
West Zone concessionaire Maynilad Water Services, Inc. (Maynilad) is targeting to boost its water supply by an additional 50 million liters per day (MLD) by December 2023 as initial output of the treatment plant it is building in Poblacion, Muntinlupa. In a statement, the firm said construction of...
East Zone concessionaire Manila Water Company is spending P81.8 billion over five years for the rehabilitation of its existing facilities and building of new infrastructure to ensure water service continuity in its service areas in Metro Manila and Rizal Province. In a statement, the utility said...
Prime Integrated Waste Solutions Inc. (PWS), a subsidiary of the Razon Group’s Prime Infrastructure Capital Inc. (Prime Infra), has completed its acquisition of Cebu-based ARN Central Waste Management, Inc. (ACI). In a statement, Prime Infra said the acquisition was sealed during a ceremonial...
The Maynilad Water Services Inc. announced that seven barangays in Parañaque City and six in Pasay City will experience water service interruption today, Jan. 24, up to Jan. 25. In its Facebook page, the Parañaque Public Information Office (PIO) announced that the villages to be affected by...
The United States Agency for International Development (USAID), through UNILAB Foundation, has signed a memorandum of agreement with the ICCP Group Foundation, Inc. (IGFI) as one of the core partners for the USAID’s Advanced Manufacturing Workforce Development (AMDev) Program. According to a...
