By Cherrylin Caacbay Some areas in Pasig City, Makati City, Marikina City, Quezon City, Taytay, Angono, and Binangonan in Rizal will experience water service interruption from Jan. 25 to 26, the Manila Water Company Inc. announced on Monday, Jan. 24. According to the Manila Water advisory, the...
VMware, Inc. a leading innovator in enterprise software, has appointed Paul Simos as Vice-President and Managing Director for Southeast Asia and Korea and Sachin Shridhar as Leader for Strategic Pursuits Practice in the Asia Pacific and Japan. As more businesses in the region are rapidly adapting...
The Metropolitan Waterworks and Sewerage System’s (MWSS) Regulatory Office is looking into the prolonged implementation of Water Service Interruptions (WSIs) by Maynilad Water Services, Inc. at its Putatan Water Treatment Plant’s (PWTP) supply zone. In a statement, MWSS RO Chief Regulator...
The Insurance Commission (IC) has placed pre-need firm Himlayang Pilipino Plans, Inc. (HPPI) under conservatorship due to poor financial management. In a statement, Insurance Commissioner Dennis B. Funa said on Monday, Jan. 24, that HPPI was placed under conservatorship following its “continuing...
Figaro Coffee Group, Inc. (FCG) successfully listed its shares at the Philippine Stock Exchange with its share price closing a notch higher at P0.77 apiece from its initial public offering price of P0.75 per share. FCG’s share price hit a high of P0.89 intraday, up 18.7 percent from its IPO price...
Gokongweis buying out Japanese partner in PH Ministop franchise By JAMES A. LOYOLA Robinsons Retail Holdings, Inc. (RRHI) through its wholly owned subsidiary, Robinsons Supermarket Corporation, is buying out its Japanese partner and taking full control of the Ministop franchise in the Philippines....
Manila Water Company has deployed one of its mobile treatment plants (MTP) to Siargao to provide potable water to communities severely affected by super typhoon Odette. Manila Water volunteer-employees set-up the MTP near a water source in Siargao. MTP can process raw water -- river water, flood...
ABS-CBN Corporation is raising P748 million from the sale of its treasury shares and PDRs (Philippine Depository Receipts) to interested qualified institutional buyers. In a disclosure to the Philippine Stock Exchange, the firm said its Board of Directors has approved the sale of 21.32 million of...
Haus Talk, Inc. reported a 164 percent jump in revenues to P173.99 million in the first three quarters of last year from the P65.97 million registered in the same period of 2020. In a disclosure to the Philippine Stock Exchange, the firm said its net income increased by 107 percent. It did not...
Xurpas Inc. is getting a P100-million fresh capital infusion from Nico Jose Nolledo, one of the company’s three founders, through a subscription to new common shares. In a disclosure to the Philippine Stock Exchange, the firm said the fresh capital infusion will primarily be used for the...
Ayala Corporation and the Zobels’ holding firm Mermac Inc. are infusing P17.39 billion worth of real estate into Ayala Land Inc. through a property-for-equity swap. In a disclosure to the Philippine Stock Exchange, ALI said its Board of Directors has approved the property-for-share swap with AC...
Smart Communications Inc. (Smart) has teamed up with OPPO of China to develop 5G Standalone (5G-SA) use cases in the Philippines. "By maximizing its ultra-reliable and low latency capabilities, 5G-SA paves the way for new innovation and opportunities for enterprises and consumers alike," said Mario...
