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Of senators and bilyonaryos
The buzz among some of the country’s billionaires these days is how Senator Raffy Tulfo called out tycoon Isidro “Sid” Consunji, chairman and CEO of DMCI Holdings Inc., for supposedly dozing off during a Senate hearing last week......»»
DMCI Holdings cautiously optimistic for 2024
The Consunji Group is taking a cautiously optimistic outlook for this year......»»
Apex Mining provides aid to affected residents
THE search for survivors continues at the ground zero of the landslide. Alongside this, the APEX Welfare Desk Helpline stationed at the Nuevo Iloco National High School in Mawab (Davao de Oro) also provides assistance to the affected residents by helping them get information on their missing loved ones......»»
Megaworld Now 100% Carbon Neutral for Company-Owned Mall, Office Developments
Property giant Megaworld notches its biggest sustainability milestone to date as it officially achieves carbon neutrality for all its company-owned office and mall developments across the country. This achievement covers 52 developments, all of which are 100% operational, Megaworld-owned commercial properties located in the company’s various townships all over the Philippines. Based on data compiled […].....»»
Government eyes land owned by Chinese drug lords
The government is open to going after billions of pesos worth of privately owned lands acquired by alleged Chinese drug dealers, who reportedly went on a buying spree of real estate properties possibly in hopes of penetrating the country amid the maritime dispute with China......»»
Soriano: Why family-owned businesses struggle?
Soriano: Why family-owned businesses struggle?.....»»
Goldilocks rolling out 30 franchise-owned stores
Goldilocks Bakeshop Inc., part of the SM group’s portfolio investments, is rolling out an additional 30 franchise-owned stores this year as it continues to drive expansion through partnerships......»»
GOCC dividends surge to P88.6B - The Manila Times
DIVIDEND remittances from state-owned firms have ballooned to almost P89 billion just a little over four months into 2024, Finance Secretary Ralph Recto said on Monday. The government was said to have collected P88.6 billion from 47 government-owned and -controlled corporations (GOCCs) as of May 6, 11 times higher than the P8 billion recorded during the same period last year. "These dividends form a major source of n.....»»
Marcos orders agencies to create masterlist of government-owned lands
President Ferdinand Marcos Jr. has ordered the creation of an inter-agency coordinating council that will complete an inventory of all government-owned lands for its strategic use. .....»»
Dangerous move
The Court of Appeals may have cleared the way for a telecommunications company operating in the Philippines and partly owned by a Chinese state-owned enterprise to secure radio telecom frequency that can be used to enhance China’s espionage and surveillance capabilities and endanger the Filipinos’ constitutional right to privacy, according to local telco Now Telecom......»»
Jollibee invests more in Titan Dining
Filipino-owned Asian food conglomerate Jollibee Foods Corp. has expanded its investments Titan Dining Partners Ltd., which manages Titan Dining LP, the private equity fund which owns the Tim Ho Wan brand and company-owned Tim Ho Wan stores......»»
Higher education and how to improve it
The joint resolution of the House and the Senate proposes to amend the restrictive provisions of the 1987 Constitution by adding the phrase, “Unless provided by law,” to the general provisions of Article XIV, Paragraph 2, which provides that all educational institutions shall be owned solely by citizens and corporations or associations at least 60 percent owned by Filipinos......»»
Sagay LGU-owned piggery farm free from ASF: PVO
Sagay LGU-owned piggery farm free from ASF: PVO.....»»
Cavitex operator files raps vs OIC of PEATC
he Cavitex Infrastructure Corp. has filed a criminal complaint against Dioscoro Esteban Jr., officer-in-charge of the state-owned firm PEA Tollway Corp. over the alleged unauthorized filing of a petition seeking to remove CIC’s right to manage and operate the Manila-Cavite Expressway......»»
DOH set to probe pharma firm
The Department of Health (DOH), the Food and Drug Administration (FDA) and the Professional Regulation Commission (PRC) are set to conduct an investigation on the alleged unethical practices of a local pharmaceutical company owned by physicians......»»
NexGen Energy wants to follow sister firm REDC’s IPO success
NexGen Energy Corp., a wholly owned subsidiary of Pure Energy Holdings Corp. and a sister company of publicly listed Repower Energy Development Corp., is keen on its own initial public offering as it prepares to develop over 2,350 megawatts of solar and wind power projects over the next 10 years......»»
Doctor-owned pharma hit for ‘unethical practices’
A group of doctors who own a pharmaceutical company has been giving rebates of up to P2 million, luxury cars, travel and other perks to doctors who prescribe the firm’s medicines, Sen. Jinggoy Estrada disclosed yesterday......»»
‘GOCC suing Cavitex operator lacks authority’
The Metro Pacific Tollways Corp. has scored a state-owned firm for dragging one of its units to court without going through the proper authority in lodging a complaint......»»
Jollibee invests $28 million in beverage tech firm
Filipino-owned Asian food conglomerate Jollibee Foods Corp. is investing $28 million for a 10 percent stake in beverage technology company Botrista Inc. to support the growth of its coffee and tea business......»»
Leviste firm to invest over P5 billion in Batangas
Countryside Investments Holdings Corp., a company owned by Leandro Leviste, is investing over P5 billion to help boost development in rural Batangas......»»