Tycoons Manny Pangilinan and Dennis Uy are looking to explore areas in the West Philippine Sea for oil deposits, the Department of Energy revealed last month. The agency opened bids for four nominated areas under… Read More »Dennis Uy, MVP eyeing oil exploration opportunities in West Philippine Sea
Semirara Mining and Power Corp (SCC) is the largest coal miner in the Philippines. It is controlled by the Consunji family through its publicly listed holding company DM Consunji Holdings, Inc. (DMC) which owns 56.63%… Read More »Semirara Mining and Power Corp watches as China bans Australian coal
The Senate on Monday, October 12, 2020, approved on third and final reading the bill allowing San Miguel Aerocity Inc., a subsidiary of San Miguel Holdings Corp., a 50-year franchise to construct and operate the… Read More »50-year Franchise for San Miguel Aerocity approved
The Philippine Stock Exchange, Inc. (PSE) is eyeing to launch new financial products next year to lure foreign investors back to the local bourse. The PSE wants to increase this to eight with financials, industrials, holding firms, property,… Read More »PSE to introduce New Sectors and ETFs in 2021
Vicente “Boss Vic” del Rosario Jr. is pushing through with an initial public offering (IPO) of his business empire’s music division next year. Viva Music includes Del Rosario’s Viva Records, Vicor Music Corp., and Viva… Read More »Viva Music’s IPO in 2021
Converge ICT is the largest high-speed fixed broadband provider in the Philippines, by high-speed residential fixed broadband subscriptions, with a 54% market share as of 1Q2020. It is considered as the only pure-play high-speed fixed… Read More »Converge ICT IPO Review Part 2
DITO Telecom is looking to install 880 cellular towers across Mindanao, including 237 in Davao City, the hometown of its owner Dennis A. Uy. The company’s chief technology officer, Rodolfo D. Santiago, said they are… Read More »DITO Telecom aims 880 towers for Mindanao
It’s been 20 years, and the happy sponge who lives in a pineapple under the sea still resonates with people around the world. The Nickelodeon cartoon “SpongeBob SquarePants,” created by the late Stephen Hillenburg, since… Read More »6 Spongebob Money Lessons
Edgar ‘Injap’ J. Sia II property company DoubleDragon Properties Corp. is targeting to expand its total equity by over 150% to P120 billion in the next decade through income growth and real estate investment trust… Read More »DoubleDragon aims 150% equity growth by 2030
Jollibee Foods Corporation(JFC) continues to expand its presence in China with the opening of the country’s first-ever Tim Ho Wan in Shanghai last week, kicking off plans to open 100 branches in five years. The… Read More »JFC opens first of 100 Tim Ho Wan in China