Maynilad Water Services Inc. has announced a four-day water interruption next week affecting 2.9 million people in its west zone concession area. The water interruption will pave the way for the company's massive pipeline replacement as part of the flood control project of the Department of Public...
There will be no water shortage in the next summer on the back of short-term to medium-term security efforts of the government and its concessionaires, new Metropolitan Waterworks and Sewerage System (MWSS) Administrator Leonor Cleofas assured. In a phone interview, Cleofas said there will be no...
Online purchases and orders via phone calls/SMS of senior citizens (SC) and persons with disabilities (PWDs) must be granted the mandatory discounts as provided under the law, according to two joint memorandum circulars (JMC) prepared by government agencies led by the Department of Trade and...
MREIT, Inc., the real estate investment trust of the country’s largest office landlord Megaworld Corp., is set to declare a cash dividend of at least P0.24 per share this month after posting higher revenues in the third quarter of the year. In a statement, MREIT said its revenues improved six...
Philippine business and labor groups have passed a joint resolution calling on the Duterte administration to act on 11 recommendations, including addressing corruption and passage of Bayanihan 3, to ensure safe reopening of the domestic economy and protect lives. The 10 groups under the Leaders’...
Corn farmers recorded a staggering revenue loss of about P10 billion due low farm-gate prices, prompting the filing of a House Resolution seeking to junk the Department of Agriculture’s (DA) proposal to temporarily lower import tariff on the main staple. 38728 In a statement, a group of corn...
The P4.5 billion initial public offering of AllDay Marts, Inc. (AllDay), owner of the Villar Group’s AllDay Supermarket chain, is riding high on the strong demand for pandemic-resilient stocks in the country. allday logo “There is strong clamor from the public for investment opportunities in...
AllDay Marts Inc., the operator of the Villar retail group’s AllDay Supermarkets, has set its final initial public offering price at P0.60 per share to raise up to P4.52 billion from its market debut. The firm is offering 6.86 billion shares and up to 685.71 million over-allotment option shares...
The Securities and Exchange Commission (SEC) has approved the P2-billion maiden share offering by Medilines Distributors Incorporated and the P9.55 billion follow-on offering by Sta. Lucia Land, Inc. In its meeting on October 12, the Commission En Banc resolved to render effective the registration...
DMCI Holdings Inc. has declared a special cash dividend amounting to P6.37 billion in special cash dividends following a record high cash dividend declared by subsidiary Semirara Mining and Power Corporation. In a disclosure to the Philippine Stock Exchange, the firm said the special cash dividend...
The Securities and Exchange Commission has approved the P15.46 billion shares-for-asset swap between AREIT Inc. (AREIT), the pioneer real estate investment trust (REIT) in the Philippines, and its sponsor company Ayala Land Inc. In a disclosure to the Philippine Stock Exchange, AREIT said the SEC...
The Securities and Exchange Commission (SEC) has public offerings to raise about P87 billion planned by Ayala Land, Inc., Synergy Grid & Development Phils, Inc., Megawide Construction Corporation, and The Keepers Holdings, Inc. The Commission En Banc resolved to render effective the respective...
