METRO PACIFIC Tollways Corp. (MPTC) subsidiaries and Singapore’s GIC Pte. Ltd., a global institutional investor, have finalized their investment cooperation valued at $1 billion for the acquisition of a 35% stake in PT Jasamarga Transjawa Tol (JTT), a major toll road operator in Indonesia.“This milestone

1 of 6Calle Wright reopens its doorsAFTER a brief hiatus, gallery Calle Wright has reopened its doors with the exhibition Lived/Loved by Christina Quisumbing Ramilo. The show makes use of tools, scraps, and remnants of daily life, like used sandpaper, frayed painting rags, and discarded

FREEPIKVIETNAM’S CN Green Roof Asia, a solar energy developer, is allotting P10 billion for its planned solar and battery energy storage projects in the Philippines over the next two years.Green Roof is planning to develop and construct ground-mounted solar and commercial and industrial (C&I) rooftop

LISTED Golden MV Holdings, Inc. has acquired 396.88 hectares of land in Villar City, a large-scale urban development project in southern Metro Manila and Cavite, for P5.2 billion.The company’s board approved the acquisition of all the issued and outstanding capital stock of three companies from

MAYNILAD Water Services, Inc. was able to recover around 560,000 cubic meters of potable water following its eight-month implementation of anti-illegal operations across its service area, the the west zone concessionaire said on Tuesday.In a statement, Maynilad said it had implemented 6,900 anti-illegal operations from

PNA FILE PHOTO(Part 1)As there is much talk about the Philippine economy preparing to join Industrial Revolution 4.0 (Artificial Intelligence, Internet of Things, robotics, data science, etc.), there is widespread unease among both local and international economists that the country has not even completed the

INTEGRATED Micro-Electronics, Inc. (IMI) will close its Japan sales office and is currently downsizing its Singapore and Malaysia offices to boost margins, the company announced on Tuesday.“In a move to better align support costs with current business needs, IMI will… be closing its sales office

BW FILE PHOTOTHE GOVERNMENT made a full award of the reissued Treasury bonds (T-bonds) it offered on Tuesday at a lower average rate amid strong demand as investors locked in returns amid expectations of further rate cuts by the Philippine central bank.The Bureau of the

FREEPIKContrary to the usual notions, transparency, accountability, and good governance are concepts that are not confined to the public sector. It is not only governments that must be transparent. Private corporations, especially those engaged in businesses that have to do with public trust, must also

By Revin Mikhael D. Ochave, ReporterTHE Philippine Stock Exchange (PSE) is proposing to expand the blackout rule to include issuers as part of its amendments to listing, disclosure, and trading regulations.“It is proposed that the coverage of the blackout rule be expanded to include the

By Chloe Mari A. Hufana, ReporterREGISTRATION on Tuesday opened in the Philippines for midterm elections next year, headlined by what could be a bitter proxy battle between President Ferdinand R. Marcos, Jr. and his firebrand predecessor Rodrigo R. Duterte.Seventeen senatorial and 15 party-list hopefuls formalized