SM Boosts Capital Stock

During their annual stockholder’s meeting on Wednesday, stockholders of SM approved the increase in its authorized capital stock to P28 billion. It is divided into 2.79 billion common shares and …

Brown Unit Begins New Bulk Water Supply Project

A Brown Co. unit launched its P500-million bulk water supply project last week in Opol, Misamis under a public-private partnership scheme. AP Bulk Water Co., Inc., a subsidiary, held a …

YouTube now has Six-Second Bumper Ads

YouTube Product Manager Zach Lupei announced in a blog post that the company has been exploring formats that will be better-suited for smartphone video watchers. This has led to the …

Tony Stark and Elon Musk: Care to Tell the Difference?

A billionaire with a genius-level intellect. A scientific mind that revolutionized the fields of transport, engineering, and space exploration? A highly publicized and tempestuous love life. Now, are we talking …

SBS Selling Prime Property in BGC

SBS Philippine Corp. is looking to sell another prime property that’s located in Bonifacio Global City in Taguig. SBS’s board of directors approved the sale of its 1,083-square meter property …

Meralco Books Increased Earnings

Manila Electric Co. reported an increase of 4% in its first-quarter core net income following a substantial jump in energy sales volume. Meralco President Oscar S. Reyes revealed in a …

Generika Opening 152 Drugstores this Year

Generika Drugstore is targeting the opening of 152 new stores for 2016. The company’s president and co-founder Teodoro L. Ferrer claims that they are back on track to meet their …

PLDT Looking to Expand Cebu Data Center

PLDT, Inc. looks to complete data centers in Makati City and Clark, Pampanga by the middle of this year. An expansion to the Cebu facility is likely, as they target …