Medilines Distributors Incorporated, a leading distributor of medical equipment to public and private healthcare facilities, is planning an initial public offering worth up to P2 billion. In a statement, the firm said it is preparing for an IPO that could take place before the end of the year,...
DMCI Homes, the real estate development arm of DMCI Holdigns, is stepping up its vaccination drive for its workers to protect them from the SARS-COV2 virus amid the increased risk of transmission in construction sites due to new variants. Apart from providing incentives and recognition to workers...
The Securities and Exchange Commission (SEC) has approved the maiden public offering of Central Azucarera de San Antonio, Inc. (CASA) worth up to P558.5 million. In its meeting on August 31, the Commission En Banc resolved to render effective the registration statement of CASA covering 1.85 million...
The Manila Water Company Board of Directors has appointed J. V. Emmanuel A. De Dios as a member of the Board and as the company’s President and Chief Executive Officer as the Razon Group solidifies its control over the utility. De Dios was formerly Undersecretary of the Department of Energy and...
The Department of Trade and Industry (DTI) has issued new suggested retail prices (SRPs) allowing higher prices on basic necessities and prime commodities by as much as P2 on various categories, while some remained unchanged. Consumer group Laban Konsyumer Inc. (LKI) immediately assailed the...
AllDay Supermarket, currently the fastest growing supermarket operator in the Philippines, has recently launched its “dark store” concept as it continues to banner a global standard in the local supermarket industry. "Dark stores" are standalone facilities optimized for e-commerce that acts as...
The Securities and Exchange Commission (SEC) has approved the planned public offering by D&L Industries, Inc. of fixed-rate bonds worth up to P5 billion. In its meeting on August 26, the Commission En Banc resolved to render effective the registration statement of D&L covering up to P3...
J&T Express worked together with Local Government of Manila City to provide assistance and donated goods to the casualties of Typhoon Ulysses in 2020. Brings home the bronze for Achievement in Growth and Branded Content Campaign of the Year With Filipinos winning awards and being recognized...
Max’s Group, Inc. (MGI), the Philippines’ largest casual dining restaurant group, reported a net income of P392 million for the first half of 2021, a turnaround from its P603 million first-half loss last year. In a disclosure to the Philippine Stock Exchange, the firm said net income amounted...
Photo from Pexels.com Medilines Distributors Incorporated, a leading distributor of medical equipment in the Philippines, is planning to expand its presence as well as its product portfolio to help boost the country’s access to quality medical devices amid the ongoing pandemic. The COVID-19...
Although the pandemic is still wreaking havoc in the aviation sector, flag carrier Philippine Airlines (PAL)'s parent firm PAL Holdings Inc. managed to cut its losses by 20 percent to P16.56 billion in the first six months of the year, from P20.75 billion in the first half of 2020. Gross revenues...
Manila Water Company, Inc.'s Clark Water Corporation (Clark Water) has undertaken the relocation of its water supply and wastewater assets that will be affected by the construction of the Malolos-Clark Railway, which is part of the government's North-South Commuter Railway (NSCR) Project. In a...
