Muntinlupa residents suffered from the absence of a water service for more than 24 hours as Maynilad Water Services implemented water service interruption (WSI) in nine barangays. Maynilad cut off water service starting at 10 p.m. on July 2. By 1 a.m. on July 4, Muntinlupa residents still had no...
Davao Integrated Port and Stevedoring Services Corporation (DIPSSCOR), a subsidiary of International Container Terminal Services, Inc. (ICTSI), is wrapping up its operations at Davao City’s Sasa Wharf to give way to a new operator. In a disclosure to the Philippine Stock Exchange, ICTSI said it...
Former vice president Leni Robredo’s fundraising effort, dedicated to finance programs under her non-governmental organization “Angat Buhay,” brought in over P1 million during its launch on July 1. Robredo, in a Facebook post on Friday night, gave an update on the initiative after the NGO...
Fruitas Holdings Inc., through wholly owned subsidiary Soykingdom Inc., is acquiring 100 percent of the 72-year old “legacy brand” Ling Nam’s restaurant business. In a disclosure to the Philippine Stock Exchange, Fruitas said the Board of Directors of Soykingdom has approved the acquisition...
DFNN, Inc. (DFNN) and Nautilus Data Technologies have inked a Memorandum of Understanding (MOU) for the development of a data center in the Freeport Area of Bataan. In a disclosure to the Philippine Stock Exchange, DFNN said the MOU is for the two firms to collaborate and jointly assist each other...
Lawyer and former Vice President Leni Robredo on Friday, July 1, announced the launching of Angat Pinas Incorporated that will continue the works of the Angat Buhay program, which she started during her vice presidency. Atty. Leni Robredo (Screenshot from Atty. Leni Robredo livestream) Robredo led...
The Annual Stockholders’ Meeting of Waterfront Philippines Inc. on July 22, 2022 will be held virtually over a secure online meeting platform. The company has announced that due to current public health concerns, stockholders may participate via remote communication, and cast their votes only...
Century Pacific Food Inc. (CNPF) is allotting P2 billion for capital expenditures this year, 20 percent lower than the P2.5 billion it spend in 2021, in light of rising inflation. In a press briefing after the firm’s annual stockholders’ meeting, CNPF Chairman Christopher Po said this year’s...
The Philippine Stock Exchange index (PSEi) plunged despite some end-of-semester window-dressing as investors worry over rising inflation and interest rates. The main index fell 147.76 points or 2.34 percent to close at 6,155.43 with the Services sector leading the decline although the Industrial...
Waterfront Philippines Inc. will hold its Annual Stockholders’ Meeting online on July 22, 2022. Due to public health concerns, stockholders may participate through remote communication, and cast their votes only through online casting of votes/proxies.
Fridays Holdings, Inc. (FHI), a unit of publicly-listed Boulevard Holdings Inc. (BHI), has decided to renovate Fridays Boracay instead of immediately reopening amid the surge in arrival of domestic tourists. “We won't open up Fridays Boracay if BHI is just going to earn a run-of-the mill return...
Carmen's Best Group makes their ice cream using milk produced at Real Fresh Dairy Farms. Photo by Yvette Tan. Metro Pacific Investments Corporation (MPIC) entered a deal with Carmen's Best Group, known for their gourmet ice cream, to acquire a majority stake in The Laguna Creamery Inc (TLCI). The...
