Companies

Finance Secretary Carlos Dominguez III is amenable to any amendment of the Real Estate Investment Trust (REIT) if there is an assurance that money allocated for this purpose will be used for domestic activities. 

The Board of Investments (BOI), the industry and investment promotion arm of the Department of Trade & Industry (DTI), has pursued its campaign to raise the awareness level of its stakeholders on the latest government investment policies, regulations, and procedures as it conducts the third BOI Investment Awareness Seminar To Strengthen The Investors and Stakeholders (BOI ASSIST) recently at the …

Listed Chelsea Logistics Holdings Corp. (CLC) expressed its support to regulator Maritime Industry Authority’s (MARINA) Circular 2017-04 or the Rules on Importation of Passenger Ships, which was issued by the MARINA Board last July 13 that seeks to assure the seaworthiness of local vessels. 

By Riza Lozada Listed domestic liner operator Chelsea Logistics Holdings Corp. (CLC) sailed through the first half of the year with a 93-percent surge in earnings, as it realized the full benefit of deploying vessels acquired in late 2016 and those previously drydocked as well as recognized its share in the earnings of 2GO Group, Inc. 

Major telecommunications firm Globe Telecom has expanded so-called Long Term Evolution (LTE) to the Visayas and Mindanao regions as it aims to improve its network coverage. 

President Duterte commended last Friday Aviana Development Corp, a joint venture company of Ayala Land, Inc. and the Alcantara Group of Companies for their commitment to pursue economic development in many parts of the country. 

Property giant Ayala Land Inc. (ALI) won five major awards at the 14th Annual International Business Awards (IBA), also known as the Stevie Awards. 

By Riza Lozada Listed Calata Corp. is selling 81 percent of its total shares to food processing firm Millennial Global Holdings Inc. through subscription to its 2.5 billion shares, in an effort to fend off its removal from the stock exchange. 

Fastfood giant Jollibee Foods Corp. (JFC) posted a net income of P3.38 billion in the first half, up 10.2 percent from P3.06 billion a year ago. 

Building solutions provider Holcim Philippines Inc. expects the needs of the local affordable housing market will guide its plans to introduce products and services that can help stakeholders build quality shelter projects.