San Miguel shutting down meat business in Indonesia San Miguel Food and Beverage, Inc. (SMFBI), a core subsidiary of diversified conglomerate San Miguel Corporation is shutting down its processed meats business in Indonesia by the end of this month. In a disclosure to the Philippine Stock Exchange,...
Manila Water Co., Inc. is planning to invest P8 billion to develop and maintain the bulk water facility project it bagged under a 25-year concession agreement with the Provincial Government of Pangasinan. 36003 The Provincial Government of Pangasinan formally presented the Notice of Award to the...
Coca-Cola Philippines, the country’s leading beverage company, is reiterating its commitment to make a greater impact on communities with its 2030 water strategy as access to clean water for handwashing continues to be very important in the campaign against COVID-19. In a statement, the firm said...
The National Teachers’ Month (NTM) celebration from September 5 to October 5 once again rallied the Filipino public to pay tribute to educators who ensure that learning never stops amid the disruptions brought by the prolonged health crisis. On its 13th year, the campaign sustained the theme “I...
Eton Properties Philippines Inc. reported that it has secured a five-year office leasing contract in Centris Cyberpod Five, located in the BPO-IT lifestyle hub Eton Centris along EDSA, Quezon City . PHC President Karlu Tan-Say In a statement, the firm said the contract is with one of its existing...
The Philippine Stock Exchange’s Board of Directors has approved the listing of the shares of AllDay Marts, Inc. at the bourse’s Main Board—paving the way for the retailer’s P6 billion initial public offering. AllDay Marts, the operator of AllDay Supermarkets, will be offering up to 6.86...
The controversial black sand mining project in Lingayen Gulf, which obtained government approval in 2020, is seen affecting the country’s fish production given the area’s significant fisheries output, particularly bangus. Bangus In a briefing on Monday, Tugon Kabuhayan convenor and former...
Aboitiz Equity Ventures (AEV) is selling a 25.01 percent stake in Aboitiz Power Corporation (AboitizPower) to JERA Co. Inc., Japan’s largest power producer, for $1.146 billion in cash. In a disclosure to the Philippine Stock Exchange, AEV said the Aboitiz family’s privately held parent company...
The Philippine Association of Feed Millers Inc. (PAFMI) has raised concern over insufficient local corn production and is urging the government and local producers to address the urgent need to ensure reliability and consistency of supply in the country. Photo by Balázs Benjamin from Pexels Corn...
D&L Industries Inc., which prides itself on being an innovation powerhouse in the country, plans to continue to beef up its research and development (R&D) investments to develop more innovative products despite the uncertainties due to the pandemic. The firm said that, with its successful...
It is all set to go for Mobile Number Portability (MNP) this week, Telecommunications Connectivity, Inc. (TCI), the joint venture of the country's three telcos announced. Mobile number portability Beginning Sept. 30, mobile customers can move from one telco service provider to another free of...
DONATION TURNOVER — Wong Chu King Foundation, Inc. recently turned over its donation of food and essential goods to TahanangMapagpala II Home for the Elderly in Bulihan, Bulacan. At the event were (from left) WCKFI volunteers Atty. Alex D. Calderon, Marife L. Pineda, Jamaica Fae F. Marcelo, Sis....
