SEC warns public about R.L. Aggregates
THE Securities and Exchange Commission (SEC) has advised the public not to invest or to stop investing in R.L. Aggregates and Diversified Lending Group, Inc. after it received reports that the lending company has been soliciting investments without authorization or license from the regulator.
Manila Water starts building 42nd sewage treatment plant
EAST ZONE water concessionaire Manila Water Co., Inc. has broken ground for its P4.16-billion Aglipay sewage treatment plant in Mandaluyong City that can treat 60 million liters per day.
PLDT’s aviation arm PG1 readies for rise of air charter services market
PLDT, Inc. said its aviation arm, Pacific Global One Aviation (PG1), is now preparing itself to take advantage of the rising demand for air charter services.
Diocesan radio station clears House second reading
THE House of Representatives approved on Wednesday the franchise renewal of Franciscan Broadcasting Corp. on second reading.
Aboitiz said to weigh sale of minority stake in Pilmico
Philippine conglomerate Aboitiz Equity Ventures Inc. is considering a sale of a minority stake in its animal feed business Pilmico Foods Corp., people familiar...
Ayala Land income down 74% to P8.7B last year
AYALA LAND, Inc. (ALI) on Wednesday reported a 74% fall in net income for 2020 to P8.7 billion after a double-digit decline in consolidated revenues, but said its performance “improved steadily” towards yearend.
SEC approves Aboitiz firm’s bonds, medical center’s IPO
THE Securities and Exchange Commission (SEC) has approved Aboitiz Power Corp.’s bond offering and has greenlit Allied Care Experts (ACE) Medical Center-Palawan, Inc.’s initial public offering (IPO).
GNPower Mariveles coal plant unit goes on unplanned outage
ABOITIZ Power Corp. said on Wednesday that a unit of its 632-megawatt (MW) pulverized coal-fired power plant in Mariveles, Bataan went on an unexpected shutdown due to a damaged boiler.
2GO starts servicing firms with ‘alternative to air freight’
2GO Group, Inc. said it has started servicing pharmaceutical and e-commerce companies with its “alternative to air freight” called 2GO CabinCargo.
Mondelez, Plastic Flamingo partner for recycling push
SNACK maker Mondelez Philippines, Inc. has partnered up with social enterprise The Plastic Flamingo (PLAF) in collecting and recycling 40 metric tons or 40,000 kilos of plastic waste, which would be used in the latter’s production of eco-lumber material for disaster relief shelters.
Greenergy enters subscription agreement with Ocean Biochemistry
GREENERGY Holdings, Inc. has entered into a subscription agreement with Ocean Biochemistry Technology Research, Inc. (OBTRI).
Century Pacific launches plant-based food line unMEAT
LISTED food products maker Century Pacific Food, Inc. has introduced a 100% plant-based food line called “unMEAT” that caters to consumers who are choosing a healthier diet.