media Globe Telecom Inc. expands its global 5G roaming service to Australia via Vodafone effective tomorrow, September 15. Earlier this month, the telco partnered with Telkomsel in Indonesia, and Starhub in Singapore. Globe is also set to forge a similar roaming arrangement with Cosmote for Greece,...
As the pandemic drags on, some enterprises are forced into reducing their workforce, or worse even shutting down due to the subsequent recession that followed. 32342 Data from the Philippines Statistics Authority (PSA) released last March showed that the economy shrunk more than expected in the...
MREIT Inc., the real estate investment trust sponsored by Megaworld Corporation, is planning to expand its office asset portfolio to 1 million square meters within the next five to ten years. In a statement, the firm said it is aiming to be the “country’s fastest growing REIT with the longest...
AgriNurture, Inc. (ANI), the listed agro-commercial enterprise of businessman Antonio Tiu, was cited in the 2021 Cicero Shades of Green Best Practices report which showcases best practices among global green bond issuers. The Oslo-based climate research institute CICERO provides independent,...
AllDay Supermarket, the fastest growing retail operator in the Philippines, continues its expansion push by opening more stores this year in line with its goal of having 100 branches by 2026. In a statement, the firm said it will be expanding its presence in Metro Manila with new locations in...
The Metropolitan Waterworks and Sewerage System (MWSS) is now on track for the nationwide expansion of the massive tree-planting project, Annual Million Trees Challenge (AMTC), nearly five years after it was launched. On Tuesday, Sept. 14, 2021, MWSS will hold the Annual Million Tree Challenge...
Agrarian Reform Secretary John R. Castriciones has already intervened in the issue between several agrarian reform beneficiaries (ARBs) in Davao and Marsman Estate Plantations Inc. (MEPI) urging the former to resolve their long-standing rift with one of the country’s top banana exporters. Banana...
Niche residential developer Haus Talk Inc. is planning to raise up to P750 million from its planned initial offering to finance the expansion of its business beyond Antipolo City and the province of Laguna. Based on the prospectus filed by the firm with the Securities and Exchange Commission, Haus...
As the pandemic continues to disrupt mobility, integrated supply chain enterprise 2GO Group Inc., ensures unhindered flow of goods via its Sea Solutions. Currently, 2GO services a total of 18 ports of call nationwide. As of mid-2021, 2GO delivered 97,173 twenty-foot equivalent units (TEU) using its...
Del Monte Pacific Limited (DMPL) reported a net profit of US$18.3 million the first quarter ending July of its fiscal year 2022, reversing the US$3.2 million loss in the same period last year. In a disclosure to the Philippine Stock Exchange, DMPL said EBITDA reached US$75.0 million, a 77 percent...
For more than 50 years, DM Wenceslao & Associates Inc. (DMWAI) has been perfecting the art of transformation. From turning water into land in the late ‘80s, to transforming open space into a central business district, the company is constantly changing to suit the needs of the times. Nowhere...
MREIT Inc., the real estate investment trust sponsored by Megaworld Corporation, has set the final price for its initial public offering at P16.10 per share for a maximum offer size of P15.3 billion. In a disclosure to the Philippine Stock Exchange, the firm said it has also set the final number of...
