Recent Posts

8990 ahead of schedule in Urban Deca development

Mass-housing developer 8990 Holdings’s first high-rise condominium, the 42-story Urban Deca Tower along Edsa in Mandaluyong City, is now on its 30th floor and is 70 days ahead of schedule and with 48 percent of the project sold out, the company reported to the bourse.

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RHI says share price in float at 10% discount

Listed conglomerate Roxas Holdings Inc. (RHI) said it will fix at a 10-percent discount of the average price of its common shares in the past 90 days the indicative price in its stock rights offer. RHI held last April 4 its executive committee (ExCom) regular meeting to decide on the indicative offer price of stock rights offering of 265,968,916 common …

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Globe earmarks $750M for fiber optic rollout

Five years after its successful network modernization program that saw mobile data exploding in the Philippines, Globe Telecom embarks on another nationwide infrastructure program that would enhance the country’s Internet experience within homes and across businesses.

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Megaworld profit up 10.6% to P10.39B for last year

Core profit of listed property developer Megaworld reached P10.39 billion in 2015, excluding a P18-million one-time gain, up 10.58 percent from the previous year’s P9.4 billion, excluding a P12.16-billion nonrecurring gain, the company reported to the bourse. Megaworld is growing its rental portfolio as it strives to maintain stronghold on being a top township developer. “We already have a strong …

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K-to-12 transition results in few SMFI scholars

SM Foundation Inc. (SMFI) sees something unique in the current schoolyear as the Kindergarten to Grade 12 (K-to-12) education scheme kicks off in that it will have the fewest number of college scholars under the program as a result of the transition in the education curriculum. While the SM scholarship program supports 1,500 scholars every year, school year 2016-2017 though …

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GSIS named Island of Good Governance

State pension fund Government Service Insurance System (GSIS) was conferred the coveted seal of Island of Good Governance (IGG) during the Public Governance Forum on March 29 at the Asian Institute of Management in Makati City. 

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Globe pilots program on students’ Web use

Leading telecommunications company Globe Telecom recently piloted the local run of the Digital Thumbprint Program (DTP), the brainchild of Optus and Singtel first deployed in Australia and designed to increase high school students’ knowledge of digital citizenship and cyber safety. 

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