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DMCI Holdings acquires Cemex PH parent company for $305.6-M

DMCI Holdings [DMC 10.86 ?0.7%; 52% avgVol] [link] and Semirara Mining and Power [SCC 32.50 ?0.8%; 22% avgVol] acquired Cemex Asian South East Corp (CASEC), the parent company of Cemex Philippines [CHP 1.36 ?28.4%; 267% avgVol], in a deal worth $305.6 million (~P17.6 billion)......»»

Category: financeSource:  philstarRelated NewsApr 29th, 2024

SEC revokes Copperstone Lending’s certificate of incorporation, authority to operate as lending company

SEC revokes Copperstone Lending’s certificate of incorporation, authority to operate as lending company.....»»

Category: newsSource:  sunstarRelated NewsApr 26th, 2024

MRC Allied buys 31% stake in Rappler

MRC Allied disclosed that it has agreed to purchase the entirety of Dolphin Fire Group’s 31.2% interest in Rappler Holdings Corp, which is the parent company of the Rappler news company......»»

Category: financeSource:  philstarRelated NewsApr 8th, 2024

Sun Life reigns as top insurance company for 13th year in a row

This milestone comes on the heels of Sun Life’s 129th anniversary, making it the first and longest-standing life insurance company in the Philippines......»»

Category: newsSource:  bulatlatRelated NewsApr 8th, 2024

Biden to Host Japan PM Kishida, Philippines President Marcos

WASHINGTON - President Joe Biden will host Japanese Prime Minister Fumio Kishida and Philippines President Ferdinand Marcos Jr. for a White House summit next month amid growing concerns about North Korea's nuclear program, provocative Chinese action in the South China Sea and differences over a Japanese company's plan to buy an iconic American steel company.White House press secretary Karine Jean-Pierre in a sta.....»»

Category: newsSource:  manilanewsRelated NewsMar 21st, 2024

Reddit shares priced at $34 in largest IPO by social media company in years – The Daily Guardian

Popular social media platform Reddit is set to make its debut as a publicly traded company with a market value of $6.4 billion. The initial.....»»

Category: newsSource:  thedailyguardianRelated NewsMar 21st, 2024

Roxas and Company finalizing plans to monetize vast landbank of farmland

Roxas and Company clarified a report by BIlyonaryo that it could use some of its massive agricultural landbank in a tie-up with Manny Pangilinan’s SP New Energy......»»

Category: financeSource:  philstarRelated NewsMar 14th, 2024

Viva Films’ sister company taps Japan’s 7 Samurai Iron Chefs

Botejyu Philippines, a restaurant owned by Viva International Food & Restaurants Inc., an affiliate company of Viva Entertainment Group, has recently partnered with Japan’s 7 Samurai Iron Chefs......»»

Category: entertainmentSource:  philstarRelated NewsMar 12th, 2024

Philippine Company Earns Lead Safe PaintCertification

1 March 2024, Quezon City, Philippines. Architectural, marine, automotive, traffic, textile, and industrial paints produced by a 100% Filipino-owned paint company were declared Lead Safe Paint (LSP) following a third-party certification that verifies paints contain less than 90 parts per million (ppm) total lead, the most stringent regulatory limit for lead content in pain.....»»

Category: sportsSource:  abscbnRelated NewsMar 3rd, 2024

Philippine Company Earns Lead Safe PaintCertification

1 March 2024, Quezon City, Philippines. Architectural, marine, automotive, traffic, textile, and industrial paints produced by a 100% Filipino-owned paint company were declared Lead Safe Paint (LSP) following a third-party certification that verifies paints contain less than 90 parts per million (ppm) total lead, the most stringent regulatory limit for lead content in pain.....»»

Category: newsSource:  philippinetimesRelated NewsMar 2nd, 2024

Google CEO Admits AI Model ‘Biased’

Google Chief Executive Officer Sundar Pichai acknowledged that the company’s artificial intelligence (AI) model, Gemini, generated biased content, including images depicting historical figures from diverse ethnicities and genders. This comes as he addressed the issues in an internal memo, stating that such outputs are “unacceptable” and that the company is actively working on improvements. “I […].....»»

Category: newsSource:  metrocebuRelated NewsMar 1st, 2024

Investors don t morally care -CEO explains why Oreo s remain in Russia

The shareholders of Mondelez International have never pressured the company to quit the market, Dirk Van de Put has said   The shareholders of Mondelez International, one of the world's biggest snack companies, do not "morally care" whether the firm continues to do business in Russia, the company's.....»»

Category: newsSource:  philippinetimesRelated NewsFeb 23rd, 2024

Maker of Oreo cookies staying in Russia - CEO

The shareholders of Mondelez International have never pressured the company to quit the market, Dirk Van de Put has said   The shareholders of Mondelez International, one of the world's biggest snack companies, do not "morally care" whether the firm continues to do business in Russia, the company's.....»»

Category: newsSource:  philippinetimesRelated NewsFeb 22nd, 2024

Apex Mining must be held accountable, says Lumad group

DAVAO CITY (MindaNews / 13 February)—An indigenous group has condemned Apex Mining Company for their apparent neglect of their workers and demanded that the firm be held accountable for the casualties during the February 6 landslide in Masara. “Why did Apex Mining company continue its 24-hour mining operations, using three shifts of workers, during the […].....»»

Category: newsSource:  mindanewsRelated NewsFeb 14th, 2024

A Brown Company prefs follow-on offering approved by the PSE

The A Brown Company preferred shares follow-on offering was approved by the PSE......»»

Category: financeSource:  philstarRelated NewsFeb 6th, 2024

Repeatable performance

Sometimes, posts on social media make me cringe as they horrify me with the absurdity of their claims and suggestions. “You should look for another company to work for if your company values only your performance and not your personality.”.....»»

Category: financeSource:  philstarRelated NewsFeb 3rd, 2024

ANUNSYO: Ilang lugar sa Maynila magba-‘brownout’ sa Feb. 3, ayon sa Meralco

NAGLABAS ng abiso ang Manila Electric Company o Meralco, lalong-lalo na para sa kanilang customer sa Manila. Magkakaroon kasi ng scheduled power interruption o brownout sa ilang lugar sa Sabado, February 3. Ayon sa electric company, dahil ito sa isasagawa nilang maintenance activities katulad ng pole replacement at pagkabit ng lightning protection devices sa M......»»

Category: newsSource:  inquirerRelated NewsFeb 2nd, 2024

GCash Disappears on Google Play Store, Company Says for Updates

Late last night, users were surprised to find that the GCash app had vanished from the Google Play Store, prompting concerns and speculation, with the company ensuring users that their funds and accounts remain secure. As of 2 AM, the GCash app was nowhere to be found on the Play Store, leading to the circulation […].....»»

Category: newsSource:  metrocebuRelated NewsFeb 1st, 2024

A Brown Company has 2nd tranche of preferred shares sale approved by SEC

A Brown Company notified the exchange that the SEC approved its plan to sell a second tranche of preferred shares under its shelf registration......»»

Category: financeSource:  philstarRelated NewsJan 25th, 2024

Global Dominion Joins The Fight Against Scammers and Fake Accounts

Before 2023 ended, Global Dominion reported a case of unauthorized use of the company’s name in what appeared to be a mobile application. This concern was brought up by a concerned individual via Global Dominion’s customer service and complaints division (CSC). The company then submitted a report to the National Bureau of Investigation’s (NBI) Cyber.....»»

Category: newsSource:  inquirerRelated NewsJan 23rd, 2024