“Under the agreement, Axia will acquire 50-percent of the shares and 50-percent economic rights in the company’s subsidiary Ingrid Power Holdings (Ingrid),” the Ayala energy firm said. Ingrid is the special purpose vehicle that is… Read More »Marubeni seals 50% stake in AC Energy project
“Don Pedro recorded double digit volume growth particularly in Nevada, New Jersey, and Illinois while Presidente also enjoys rapid growth in Arizona, New Mexico, and Oklahoma,” the company said in the statement. “Both brandy products… Read More »Emperador expansion of brandy empire in the US 2021
Scam Alert! The Securities and Exchange Commission (SEC) to shutdown get rich quick scams. These companies are NOT REGISTERED with the Commission or OPERATE WITHOUT THE NECESSARY LICENSE AND/OR AUTHORITY to solicit, accept or take investments/placements from the public… Read More »New Scam Alerts! Oct-Nov 2020
Listed conglomerate (SMC) San Miguel Corp 200-MW solar farm will be placed on its 2,500-hectare property in Bulacan province to maintain power for the proposed P740-billion New Manila International Airport project. The solar farm will… Read More »San Miguel Corp 200-MW solar farm to power airport
DoubleDragon Properties Corp. to file its application for a P14.7-billion real estate investment trust (REIT) offering within the week in order to raise funds to expand its portfolio of leasable properties. DoubleDragon REIT property subsidiary… Read More »DoubleDragon REIT listing worth 14.7-B
Asia-Pacific Countries Sign Biggest Trade Deal, Fifteen Asia-Pacific economies, including the Philippines, signed the world’s largest free trade deal on Sunday, with analysts saying the deal will boost Philippine market access while others believe it… Read More »Asia-Pacific Countries Sign Biggest Trade Deal
The capital expenditure (Capex) of the “incumbent” telecommunications companies is expected to rise by up to 25% by 2021, driven by regulatory demand and the projected commercial launch of telco startup DITO Telecommunity Corp. in… Read More »Philippine Telcos to Increase Capex Ahead of Competition
Gokongwei-led Robinsons Land Corp. (RLC) plans to spin off some of its office property assets into a real estate investment trust (REIT) company that will list on the Philippine Stock Exchange next year. In its… Read More »Robinsons Land REIT offering 2021
A victory by Joe Biden is expected to be good for the Philippines and the rest of Asia “with less US-China trade war.” The Philippine peso finished Friday on a four-year high against the greenback… Read More »Biden win – good for Philippine Market
SSI GROUP, Inc. is introducing a multi-brand e-commerce platform to pump up sales as traffic in brick-and-mortar stores remains dampened by the ongoing coronavirus pandemic. The specialty retailer said it is launching Trunc.ph on Nov.… Read More »SSI Group expands E-Commerce presence with a multi-brand platform