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 …

FDC Still Keen on PPP Projects

Filinvest Development Corp. is still setting its sights on infrastructure projects, all of which is under the public-private partnership program of the government. FDC Director Joseph M. Yap revealed last …

Scandy Raises $1M for 3D Photographs

Scandy aims to make printing 3D photographs easier. The company announced that $1 million has been raised from Callais Capital to help bring the technology to a much broader audience. …

Seaoil Opening SCTEx Service Station by Q4

Seaoil Philippines is expecting its first ever “mega-station” to be operational by the fourth quarter of this year. The mega-station will be located along the Subic-Clark-Tarlac Expressway. According to Seaoil …