Motor vehicle sales in the country fell 26.3 percent in August to 15,847 percent compared to 21,498 units from the previous month due to reimposition of hard lockdown in Metro Manila and strict quarantines in other parts of the country, a joint report by the Chamber of Automotive Manufacturers of...
The national karate team preparing for the 31st Southeast Asian (SEA) Games in Vietnam next year hopes to get an approval from the Philippine Sports Commission (PSC) for ba ubble training in Baguio City. Karate Pilipinas Sports Federation, Inc. president Richard Lim said they have already submitted...
Eton Properties Philippines Inc. reported that the Quezon City local government unit has granted Safety Seals to the BPO-IT lifestyle hub—Eton Centris, underlining the company’s commitment to maintain the safety of its clients and stakeholders. The Safety Seal Certification Program is an...
Smart Communications, Inc. (Smart) sees continued growth for its ‘fixed wireless’ business, which already grew 187% by P1.1 billion in the 1st half of the year as people shelter in place amid the renewed surge of COVID-19 cases. Smart_500x500 Fixed wireless refers to wifi modems that connect...
aws Amazon Web Services, Inc. (AWS), an Amazon.com, Inc. company (NASDAQ: AMZN), announced the general availability of Amazon FSx for NetApp ONTAP, a new storage service that allows customers to launch and run complete, fully managed NetApp ONTAP file systems in the cloud for the first time. ONTAP...
Mass housing developer 8990 Holdings Inc. has appointed Atty. Anthony Vincent Sotto as its new President and CEO, effective immediately. In a disclosure to the Philippine Stock Exchange, 8990 said Atty. Sotto replaces Alexander Ace Sotto who had tendered his resignation as Director, Acting...
SM Prime Holdings, Inc. is planning to raise up to P10 billion from the third tranche of its P100 billion fixed-rate bonds with the Securities and Exchange Commission in February last year. In a disclosure to the Philippine Stock Exchange, the firm said it has filed with the SEC an application for...
D&L Industries’ maiden bond offering garnered strong support from fixed income investors as total bids received amounted to P13.8 billion, which is equivalent to 4.6 times the base offer size of P3 billion. In a disclosure to the Philippine Stock Exchange, the firm said that, light of the...
Alliance Global Group Inc., the investment arm of tycoon Andrew Tan, is now gearing up to develop its casino project in Boracay Newcoast after the President Rodrigo Duterte lifted his ban on the development of casinos on the world-famous resort island. “We will proceed with our casino project in...
The Securities and Exchange Commission (SEC) has ordered R.L. Aggregates and Diversified Lending Group, Inc. to stop soliciting investments from the public through a fraudulent scheme. In an order issued July 26, the SEC ordered R.L. Aggregates to immediately cease and desist from engaging in the...
Vista Residences, the condominium arm of the country's largest homebuilder Vista Land & Lifescapes Inc., is set to launch seven new projects nationwide—reflecting its resilience amid present challenges posed by the pandemic. These projects include Morrison Heights, Sky Arts Manila Tower 2,...
Manila Water Company Inc. is urging its customers in eastern Metro Manila and Rizal Province to use the company’s latest mobile application app, which will help ensure their safety during the pandemic. The app, according to Manila Water, allows customers to access their bills and pay online...