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SEC Declares CDO Against HASMADAI Permanent

12/26/2024

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SEC Declares CDO Against HASMADAI Permanent
The Securities and Exchange Commission (SEC) has made permanent the cease and desist order against Humanitarian and Spiritual Mission Apostulates of Davao and Asia, Inc., HASMADAI Foundation, Inc. and Humanitarian Institute of Technology Corp. for their unauthorized solicitation of investments.

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SM Prime Earns DOE Recognitions for Resource Conservation and Renewable Energy Initiatives

12/25/2024

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SM Prime Earns DOE Recognitions for Resource Conservation and Renewable Energy Initiatives
SM Prime Holdings, Inc. (SM Prime), one of Southeast Asia’s largest integrated property developers, received top accolades at the 2024 Energy Efficiency Excellence Awards and Sustainable Energy Awards organized by the Department of Energy (DOE).

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STT GDC Philippines Tops Off Largest Carrier-Neutral Data Center Campus, on Track for Phase 1 Operations by Q2 2025

12/25/2024

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STT GDC Philippines Tops Off Largest Carrier-Neutral Data Center Campus, on Track for Phase 1 Operations by Q2 2025
ST Telemedia Global Data Centres (STT GDC) Philippines, the joint venture of Globe Telecom, Inc., Ayala Corporation, and ST Telemedia Global Data Centres, announces the topping off of STT Fairview 1, the first building in the country’s largest carrier-neutral and sustainable data center campus. The event marked the completion of the data center’s structural framework, a milestone towards its first-phase activation by the second quarter of next year.

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SM Group Expands MICE Destination in Clark, Pampanga

12/25/2024

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SM Group Expands MICE Destination in Clark, Pampanga
The SM group, through SMX Convention Center Clark, intends to increase its capacity to hold large-scale events by adding usable area between 2026 and 2028. SMX Clark is already planning an expansion to meet the region's expanding demand.

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ICTSI Services its First Container Ship in Indonesia

12/25/2024

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ICTSI Services its First Container Ship in Indonesia
East Java Multipurpose Terminal (EJMT), an International Container Terminal Services, Inc. (ICTSI) facility in Indonesia, has successfully welcomed its first container ship since operations began at the new deepwater terminal in mid-October.

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PCC Approves LNG Deal Between Meralco PowerGen, Aboitiz Power, and San Miguel Global Power

12/23/2024

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PCC Approves LNG Deal Between Meralco PowerGen, Aboitiz Power, and San Miguel Global Power
Philippine Competition Commission (PCC) has approved the joint acquisition of power facilities and a liquified natural gas (LNG) terminal by Meralco PowerGen Corporation (MGEN), Therma Natgas Power Inc. - Aboitiz Power (Therma), and San Miguel Global Power Holdings Corp. (San Miguel Power).

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GT Capital Holdings Welcomes Leadership Changes in Federal Land and FNG

12/23/2024

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GT Capital Holdings Welcomes Leadership Changes in Federal Land and FNG
Incoming Federal Land President Mr. Jose Mari H. Banzon (left) and incoming Federal Land Vice-Chairman Mr. William Thomas F. Mirasol (right)
GT Capital Holdings, Inc. (GTCAP) announced key leadership role changes within its wholly owned property subsidiary Federal Land, Inc. (Federal Land) and within Federal Land NRE Global (FNG), the property company’s joint venture with Nomura Real Estate Development, Co., Ltd. of Japan, effective January 1, 2025.

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Benguet Corporation Becomes Debt Free After 35 Years

12/23/2024

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Benguet Corporation Becomes Debt Free After 35 Years
Publicly listed company, Benguet Corporation (BC), has declared cash dividend on its Common Stock at P0.20 per share and P0.28 for its Convertible Preferred Stock payable starting December 10, 2024, with record date of November 14, 2024. It is the first time after 35 years that BC will be paying dividends to its stockholders and the first management action after BC became "debt free" following resolution of all its outstanding debts.

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Manila Water Signs 10-Year Term-Loan Facility with Metrobank

12/23/2024

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Manila Water Signs 10-Year Term-Loan Facility with Metrobank
​Manila Water Company, Inc. (Manila Water) signed a P15 Billion 10-year term loan facility with Metropolitan Bank & Trust Company (Metrobank). The loan will be used to finance Manila Water's capital expenditure projects.

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Bloomberry Resorts' Subsidiary Sold its Own Holdings to Gift Solaire's Loyal Patrons

12/23/2024

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Bloomberry Resorts' Subsidiary Sold its Own Holdings to Gift Solaire's Loyal Patrons
Bloomberry Resorts & Hotels Inc. (BRHI), a subsidiary Bloomberry Resorts Corporation (BLOOM) has sold two hundred fifty thousand (250,000) shares of BLOOM through the Stock Market at market price.

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