The Philippine Stock Exchange has approved the planned P1.77 billion initial public offering of Figaro Coffee Group, Inc. (FCG), the last company to conduct an IPO this year. The firm is selling 1.26 billion primary shares and up to 126 million over-allotment shares at a price of up to P1.28 per...
The Securities and Exchange Commission (SEC) has won another legal battle against on illegal lending with a regional trial court having convicted the incorporators and directors of X-CEE789 Lending and Trading, Inc. for submitting falsified documents for its registration. In a decision dated June...
pldt-smart-2016 The number of domains used by digital scammers dropped significantly in the past three days after PLDT Inc. and Smart Communications, Inc. (Smart) blocked websites that lured people to fraudulent ‘job hiring’ schemes. At the start of this SMS-based scam, the telcos' cybercrime...
For advocacy groups EcoWaste Coalition and the Laban Konsyumer Inc., the best gift that we could give to children this Christmas is their health safety. That is why the two groups, which have been advocating the safety of products, are warning the public against the improper labeling of toys and...
The local stock market started the week on a positive note and followed up on last Friday’s gains as investor sentiment continued to recover from the knee-jerk reaction to the Omicron variant. The main index rose 75.55 points or 1.07 percent to close at 7,130.74 as the Services sector led the...
The Delgado family’s Transnational Diversified Group is consolidating its two technology units EasyCall Communications Philippines, Inc. and Transnational E-Business Solutions Inc. (TESI). In a disclosure to the Philippine Stock Exchange, Easycall said it is set to acquire TESI, a technology...
The board of directors of Vallacar Transit Inc (VTI), the flagship of Ceres bus lines, re-elected Olivia V. Yanson as member during the company's Dec. 4 annual stockholders' meeting. Vallacar Transit The Yanson matriarch in her capacity as special administrator and conjugal co-owner, led VTI's...
Medilines Distributors Inc., a leading distributor of medical equipment in the country, is set to list as the Philippines’ first pure-play healthcare initial public offering (IPO) on Tuesday, Dec. 7 following an overwhelming market response from institutional and retail investors. “It was a...
Photo (from left) Asia Pacific Regional Director of Believe Sylvain Delange Viva Music and Artist Group Inc's CEO Vic Del Rosario Jr and Viva Records President Verb Del Rosario PARIS - Believe, one of the world’s leading digital music companies, has concluded a strategic partnership with Viva...
Globe-Telecom_CNNPH (2) The pandemic gives businesses the opportunity to rebuild in a more environmentally sustainable way, via “The Great Reset”. This was emphasized by Microsoft Corporation's Chief Environmental Officer Lucas Joppa at the 12th Leadership Innovation Forum (Lead-In) of Globe...
Agata Mining Ventures Inc. (AMVI), a project of TVI Resource Development Philippines Inc. (TVIRD), was recently conferred the 2021 Presidential Mineral Industry Environmental Award (PMIEA). A statement showed that for the third time, AMVI secured the country’s highest distinction for exceptional...
Farmer entrepreneurship is possible and doable but the transition will be gradual, according to Vice President Leni Robredo. Robredo has been assisting Bicolano farmers sell directly to supermarkets and restaurants in the region through her “Umasenso sa Kabuhayan” program. During the forum...
