Malaysia's edotco Group Sdn Bhd (edotco), through its wholly-owned Philippine subsidiary, is now the country's leading Tower Company (TowerCo) with 3,073 telecom towers, after its deal with the PLDT Group. The PLDT deal also establishes the edotco Group’s position as the 6th largest TowerCo...
Smart Communications, Inc. and Digitel Mobile Philippines, Inc. on Tuesday, April 19, signed a landmark Sale and Purchase deal for P77-billion worth of 5,907 telecom towers and related passive telecom infrastructure. The P77 billion transaction price makes this deal the largest ever acquisition of...
Max’s Group Inc. (MGI) reported a net income of P451 million last year, a significant turnaround from the P1.68 billion net loss it incurred in 2020 due to cost savings realized from rightsizing and more efficient operations. In a disclosure to the Philippine Stock Exchange, the firm said that,...
Kontra Daya Election watchdog Kontra Daya has expressed concern that voters may confuse the Pagtibayin at Palaguin ang Pangkabuhayang Pilipino party-list group’s acronym with the Department of Social Welfare and Development’s (DSWD) Pantawid Pamilyang Pilipino Program‘s 4Ps. The group also...
Aboitiz Construction projects in Taganito HPAL Nickel Corporation (THPAL) and Tecnimont and JGC Philippines Joint Ventures (TJJV) recently achieved 11 million safe man-hours without lost-time injury. 78026 In line with its commitment to promote safety culture, Aboitiz Construction achieved 8.3...
Metro Retail Stores Group, Inc. (MRSGI) reported a net loss of P318.10 million last year, a 29.2 percent improvement from the P449.60 million net loss it suffered in 2020. In a disclosure to the Philippine Stock Exchange, the firm said its net sales for the year reached P31.21 billion, almost the...
A member of K-pop boy band Astro announced that he is enlisting in the Korean military to fulfill his duty as a citizen. MJ, 28, the oldest member of Astro, will be enlisting in the military on May 9, the first member of the group to do so. MJ (front, center) with other Astro members (Twitter)...
Karapatan, a human rights group in the Philippines, called on the suspension of the Facebook pages and accounts of the National Task Force to End Local Communist Armed Conflict (NTF-ELCAC) and its spokesperson Undersecretary Lorraine Badoy-Partosa for being “instruments of disinformation.”...
The Department of the Interior and Local Government (DILG) lauded on Wednesday, April 6, the Ayala Group of Companies (AC) for recognizing the contribution and sacrifices of the Bureau of Fire Protection (BFP) through its “Saludo sa Serbisyo (Salute to the Service’’ program which seeks to...
The Armed Forces of the Philippines (AFP) has received P3.95 million worth of financial assistance, ambulance bikes, Covid-19 vaccines and other equipment from the MVP Group of Companies in a ceremony held at Camp Aguinaldo in Quezon City on Monday, April 4. General Andres Centino, Chief of Staff...
It has been said that crisis reveals character, which means that it is in the most difficult of times when we can distinguish between purity of heart and mind as against those who are only after fame and fortune. The global health calamity known as Covid-19 has brought in an amalgam of hero...
Military personnel and suspected members of the Abu Sayyaf Group (ASG) figured in two separate armed encounters in Sumisip, Basilan on Saturday, April 2, which left casualties on both sides. Military personnel figure in an armed encounter with suspected members of the Abu Sayyaf Group (ASG) in...
