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 …
Read More »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.
Read More »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 …
Read More »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 …
Read More »Smart city formed via ‘Human Centric Innovation’ scheme with use of technology
As different nations embark on a journey to become smarter, cities implement measures to adapt with population growth worldwide.
Read More »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.
Read More »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.
Read More »NGCP, Napocor, ecologists ink watershed upkeep deal
Two of the country’s largest and crucial watershed reservations are assured of continuous and sustainable protection as NGCP partners with the state-owned National Power Corp. (Napocor) and local people organizations (POs) to assume stewardship of the sanctuaries.
Read More »Metro Pacific completes deal for P23.2-B NLEx, SLEx link
By Riza Lozada The Metro Pacific groups have concluded negotiations and will undertake the connector road project for the 13.5-kilometer North Luzon Expressway (NLEx) and the South Luzon Expressway (SLEx), which will cost an estimated P23.2 billion, after signing an agreement with the government, the diversified listed group said in a report to the Philippine Stock Exchange.
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