Philippine Updates
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SM Building Football Pitch on Mall of Asia’s Roofdeck
The SM Group will be expanding the SM Mall of Asia to make room for a football pitch on its roof deck. Both SM Prime…
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Alsons Planning Capital Call for Sarangani Plant
Alsons Consolidated Resources, Inc. is asking its shareholders, along with its Japanese partner, to inject more capital. This is to help fund the company’s second…
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Asia Brewery & Heineken Form a Joint Venture
Asia Brewery, Inc. partnered up with Heineken International B.V. in an attempt to add more premium beer brands to their diversified beverage portfolio. The agreement…
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Coke FEMSA Expanding Production Lines in Mindanao
Coca-Cola FEMSA Philippines, Inc. is expanding its beverage line in Mindanao. The expansion includes additional non-carbonated drinks like juices being produced within its three factories…
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Trans-Asia Oil First Quarter Net Income Rose to P265 Million
Trans-Asia Oil and Energy Development Corp. managed to acquire a first-quarter net profit of P265 million. This amount is around four times greater than the…
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Better Airport Infrastructure Required for ASEAN Open Skies
Philippine Airlines President and COO Jaime J. Bautista revealed that improved air travel infrastructure is something that he wants to see from the next government.…
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8990 Holdings First Quarter Net Income Up by 10%
8990 Holdings, Inc. achieved a double-digit increase in net profits during the year’s first quarter. The mass housing developer released a statement on Tuesday that…
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Globe and PLDT Back Duterte’s Call for Faster Net Services
President-elect Rodrigo R. Duterte’s calls for faster internet service are already supported by top telecommunications companies. Mr. Duterte threatened to open the industry to foreign…
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Globe Supports DICT Bill Enactment
Globe Telecom, Inc. is pushing for the establishment of the Department of Information and Communications Technology in order to help improve the country’s internet. Globe…
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Western Union Promoting TFC to Filipinos Overseas
ABS-CBN Corp and Western Union are forming a tie-up to help promote the group’s The Filipino Channel. The channel itself is targeted at overseas Filipino…




