Japanese gaming firm Universal Entertainment Corporation reported on the performance of its Philippine unit that owns Okada Manila, providing a sneak peek into the continued struggle of the Philippine integrated resort business. UEC said Okada Manila operator Tiger Resort, Leisure and Entertainment...
Going through immigration at the Ninoy Aquino International Airport will soon be faster as gaming and tech firm DFNN Inc. reported that its subsidiary, iWave, is rolling out the e-gates system in terminals 1 and 3 before the end of the year. In a letter to the Philippine Stock Exchange, DFNN...
Months after Razon-led Prime Infrastructure Capital Inc. (Prime Infra) moved to acquire a majority stake in the gas business of Lopez-led First Gen Corp. (FGen), both parties are now awaiting the green light from the anti-trust watchdog Philippine Competition Commission (PCC) to complete the deal....
Tycoon Lucio Co’s The Keepers Holdings Inc. (Keepers), the largest imported liquor distributor in the Philippines, is venturing into the production and export of premium local spirits through the acquisition of a 50-percent stake in the maker of Sula liqueur for ₱40 million. In a disclosure to...
As part of its transformation from a traditional telecommunications company into a broadband and technology provider, Converge ICT Solutions Inc. has unveiled a new brand identity to reflect its new direction. In a statement on Tuesday, July 15, Converge President and Co-Founder Maria Grace Uy said...
Top lender BDO Unibank Inc. of the SM Group has shortened the offer period for its fourth peso-denominated Association of Southeast Asian Nations (ASEAN) sustainability bonds issue amid strong demand from both retail and institutional investors. The offering was originally set to run from July 9 to...
Smart Communications Inc., the wireless unit of telecommunications giant PLDT Inc., is scaling back its 3G network to reallocate capacity to its 5G network to deliver higher-quality connectivity. Smart Chief Technology Officer Menardo “Butch” Jimenez Jr. said shifting resources away from 3G...
The Department of Agriculture (DA) will hold on-the-ground consultations with farmers and lawmakers to prepare for the deliberations on the proposed RICE Act, which aims to reinstate the regulatory powers of the National Food Authority (NFA). Agriculture Secretary Francisco Tiu Laurel said he has...
PH Resorts Group Holdings Inc., the integrated resorts unit of Davao tycoon Dennis A. Uy’s holding company Udenna Corporation, assures the Philippine Stock Exchange that it can wipe out its negative stockholders’ equity with the conversion of shareholders’ advances to common shares. However,...
British Scotch whisky icon Jura, one of the brands of Emperador Inc. through subsidiary Whyte & Mackay, has fortified its status as the United Kingdom’s leading single malt brand with its inclusion in The Grocer Magazine’s Britain’s Biggest Alcohol Brands 2025 list. In a disclosure to the...
Honda takes the wraps off a new addition to its lineup, in the form of the all-new NAVi. Designed to be a practical scooter for beginners, the NAVi is compact, easy to ride, and offers customizability. The NAVi is also proudly made in the Philippines. Honda celebrated its Line-Off Ceremony last...
VisMin developer Cebu Landmasters Inc. (CLI) has concretized plans for its entry into Luzon with the planned launch of its first project in Pasig City, set to be launched late next year. During a media briefing after the firm’s annual stockholders’ meeting, CLI Executive Vice President and...
