Business

SMDC, SM Prime, DHSUD, and the Local Government Unit of Iloilo City recently inked an agreement to develop the Uswag Low-rise Residential Building in Brgy. San Isidro, Jaro, IloIlo City. The housing project is expected to benefit low-income, local government regular employees. Present at the online MOA signing (from left to right) DHSUD, Secretary Eduardo del Rosario; SMDC President, Jose …

Throughput grew 14% to 5.5 million TEUs Revenues increased 22% to US$882.6 millionEBITDA 28% higher to US$532.5 million 

Whether during the summer or rainy season, Filipino households have practically deemed air conditioning units as one of the most essential appliances at home. XTREME Appliances, the country’s leading one-stop shop appliances, offers a wide range of air-cooling products to cater to the needs and preferences of Filipino households — window type, split type, floor standing, ceiling cassette, and ceiling …

Operadora Portuaria Centroamericana (OPC), the Honduran subsidiary of International Container Terminal Services, Inc., has signed a sister port agreement with the Port of Big Creek in Belize to strengthen relations and promote interconnectivity between the two Central American ports. The partnership benefits both ports and their respective areas of influence.

Ayala Land Inc. (ALI) registered consolidated revenues of P49.0 billion and a net income of P6.0 billion in the first six months of 2021, up 19% and 34% respectively from the same period in 2020, as the company showed significant improvements in performance compared to the first half of 2020 during the onset of the pandemic. In the second quarter …

Ayala Land’s pioneering Real Estate Investment Trust (REIT) in the Philippines, AREIT Inc. (AREIT), posted revenues of P1.36 billion and earnings before interest, taxes, depreciation and amortization (EBITDA) of P1.05 billion for the first half of 2021, a 49% and 39% growth, respectively, versus last year.  This is a result of the positive contribution of new properties, The 30th in …

As a gesture of appreciation to the country’s modern day heroes, the newly completed Clark International Airport terminal building has dedicated a transit lounge exclusively for the use of overseas Filipino workers (OFWs).

Solaire Resort and Casino, the Philippines’ leading luxury integrated resort, began rolling out its vaccination program for its Team Members (employees) in the last week of June.

The race to stop the spread of Covid-19 through vaccination continues and SM Development Corporation (SMDC) is stepping on the gas to protect its residents and employees.

Quezon City Mayor Joy Belmonte cited the importance of cleaning up esteros and creeks as Manila Water recently kicked off the Adopt-an-Estero program in the city as part of the tripartite agreement with the Department of Environment and Natural Resources (DENR) and two other local government units (LGUs), San Juan and Mandaluyong, to rehabilitate the San Juan River along with …