Tag: Philippines
PH-Listed Century Properties Completes 2,853 Condo Units This Year
Publicly listed firm Century Properties Group, Inc. has made significant achievements this year with 2,853 condominium unit completions and bullish business expansion into affordable...
Philippines: Fruitas Strengthens Financial Position with IPO Proceeds
Fruitas Holdings has fortified its financial position using proceeds from its IPO. Estimated net proceeds from the sale of new shares of approximately Php820m...
DHL Forms JV with JG Summit in the Philippines
Global contract logistics solutions provider DHL Supply Chain has formed a joint venture agreement with local conglomerate JG Summit Holdings Inc to provide transport...
Cebu Landmasters Expands Landbank in Visayas, Mindanao
Cebu Landmasters, a listed housing developer in the Visayas and Mindanao areas, has expanded its landbank in key cities in the region to 1,245,485...
Briefly: SM Gets Approval For 360-hectare Pasay Reclamation
Philippine-listed SM Prime Holdings Inc, one of the largest integrated property developers in Southeast Asia, has officially received approval to proceed with the 360-hectare...
Philippines Gets $400m Loan from ADB to Empower Youth
The Asian Development Bank (ADB) is extending a $400-million policy-based loan to the Philippines to reduce the number of out-of-school and unemployed youth, according...
Japan-backed International School To Rise in Mactan, Cebu
Mactan, Philippines - An international school is set to open in this tiny island south of the capital Manila through a joint venture with...
Philippines: F&B Kiosk Operator Fruitas Hits 1,000-Store Milestone
Food and beverage kiosk operator Fruitas Holdings has reached a milestone in the Philippines after hitting 1,000 stores through its aggressive store network expansion,...
Briefly: BPO Firm Wells Fargo Philippines Gets Court-Ordered Tax Refund
Business process outsourcing (BPO) firm Wells Fargo Philippines Solutions Inc is set to receive P24.11 million ($474,000) in tax refund after the Court of...
Philippine Banks Remain Optimistic on Economic Prospects: Survey
The banking industry in the Philippines remains optimistic on the country’s economic prospect amid global uncertainties and market volatility, the latest Banking Sector Outlook...
Fruitas Debuts on the Philippine Stock Exchange
Food and beverage kiosk operator Fruitas Holdings Inc today begins a new journey as a listed company with the traditional bell-ringing ceremony at the...
Lufthansa Technik Philippines Breaks Ground on New Hangar
Lufthansa Technik Philippines (LTP), the country’s leading provider of maintenance, repair, and overhaul (MRO) services, officially announced the construction of its latest hangar at...
Asian Development Bank Approves $10m Tourism Grant for Tajikistan
The Manila-headquartered Asian Development Bank (ADB) has approved a $10-million grant to help develop tourism in Tajikistan, according to an announcement.
The project is ADB’s...
Revolution Precrafted Partners with Boulevard Holdings for Puerto Azul Residential Project
Unicorn startup Revolution Precrafted Inc. has partnered with publicly listed Boulevard Holdings Inc. to develop a new resort and residential complex in Puerto Azul...
World Bank Insures Philippines Against Natural Disaster-related Losses Up to US$225m
The World Bank (International Bank for Reconstruction and Development or IBRD) has issued two tranches of catastrophe-linked bonds (CAT bonds) in order to provide...
Singapore’s BCB Blockchain Commits $300K for Philippine Startups
BCB Blockchain, a Singapore-based technology firm, has committed $300,000 to support incubators and startup accelerators in the Philippines under the Department of Science and...
BPI To Manage PhilAm Asset’s Mutual Funds
Bank of the Philippine Islands (BPI) said it will assume the management and distribution of the various mutual funds currently under the management of...
Philippines: British National Nabbed with 2 Minor Boys in Condo
CEBU CITY, Philippines - A 61-year-old British National was arrested by local authorities for keeping two minor boys - aged 5 and 15 -...
PH Tech Firm Xurpas Acquires US Venture Capital Firm
Philippine-listed technology firm Xurpas Inc. has agreed to acquire Wavemaker Partners US, a venture capital management firm based in Los Angeles.
Wavemaker US has been...
Coca-Cola Employees Join Coastal Clean-up in the Philippines
In keeping with its Go Beyond Good manifesto, Coca-Cola Philippines has again mobilized its associates to participate in the 34th International Coastal Clean-Up.
In the...
