Diversified engineering conglomerate DMCI Holdings and its energy subsidiary Semirara Mining and Power Corporation (SMPC) have been recognized for their corporate governance performance by the Institute of Corporate Directors (ICD). DMCI Holdings received the 2 Golden Arrow recognition while SMPC...
Honda Cars Philippines Inc. (HCPI) has set an aggressive growth in sales this year from the 10 percent growth it posted in 2022, but said recovery to the pre-pandemic level is still unlikely to happen this year as the global supply chain issue will continue to hound the industry this year. HCPI...
In photo (L-R): Lawrence Y. Ferrer – Bayad President and CEO, Dennis S. Gatuslao – Bayad Chief Commercial and Marketing Officer, Charles Benedict Mascenon – PitakaMo IT Solutions and Marketing Corporation VP for Operations, and Alexander Benedict Mascenon – PitakaMo IT Solutions and...
All-New Civic Type R Aligned with Honda’s global commitment to lead the advancement of mobility, Honda Cars Philippines, Inc. (HCPI) welcomes 2023 with the local debut of its high-performance icon, the 6th Generation Honda Civic Type R which is by far the most powerful model in Type R’s 30-year...
The number of registered Subscriber Identity Module (SIM) cards in the country has breached 23 million nearly four weeks after the mandatory registration began. SIM cards (Pixabay) The Department of Information and Communications Technology (DICT), on Sunday afternoon, Jan. 22, said there are now...
SM Investment Corporation’s logistics unit 2GO Group announced that it is now the country’s first to have mixed temperature vans that will boost the safe and secure transport of perishable goods. In a statement, the pioneer in less than container load (LCL) reefers in the Philippines said the...
The Philippine Coast Guard (PCG) has a filed case before the Securities and Exchange Commission (SEC) against what it described as a bogus Coast Guard auxiliary group allegedly involved in a recruitment spree in Bataan where members were promised P30,000 monthly allowance. In a statement, the PCG...
The Securities and Exchange Commission (SEC) has approved the P11.26 billion assets-for-equity swap between AREIT Inc. (AREIT), the Philippines’ pioneer real estate investment trust, and its sponsor Ayala Land, Inc. (ALI). In a disclosure to the Philippine Stock Exchange, AREIT said ALI will...
The Toll Regulatory Board (TRB), together with MPCALA Holdings Inc., recently inspected the 14-kilometer operational segment of the Cavite-Laguna Expressway (CALAX). The tollway's Subsection 4, the Silang (Aguinaldo) segment, is 65 percent complete while the overall CALAX project is more than 57...
The Parañaque city government announced that five barangays will be affected by water service interruption on Jan. 18 to 31. The Parañaque Public Information Office (PIO), in a Facebook post, said the Maynilad Water Services, Inc will implement water service interruption from 5:00 p.m. to...
The Securities and Exchange Commission has issued advisories to warn the public not to invest their hard-earned money in three firms that are soliciting investments without the necessary permits from the regulator. Based on reports and information it gathered, the corporate watchdog issued warnings...
The Department of Information and Technology (DICT) reported that SIM registration has been completed for 21,128,925 SIMs as of Monday, Jan. 16, 2023, 11:59 PM. Based on records provided by the National Telecommunications Commission (NTC), the total number is 12.5 percent of the 168,977,773 million...