THE MAHARLIKA Investment Corp. (MIC) is gearing up for its third investment which would involve a foreign-listed company with ties in the infrastructure sector, according to its top official.“We’ve got one more [investment] that we’re going to be announcing soon. Quite a significant transaction as

AQUAMIRA at Saddle and Clubs Leisure Park in Tanza, Cavite — STALUCIALAND.COM.PHLISTED PROPERTY developer Sta. Lucia Land, Inc. (SLI) plans to allocate P3 billion to P5 billion for capital expenditures (capex) this year, focusing on land acquisitions and project developments in key areas, the company

BLOOMBERRY.PHBLOOMBERRY RESORTS Corp. said it has refinanced a P40-billion loan used to partially fund the construction of Solaire Resort North, its integrated resort in Quezon City.The company, through subsidiaries Bloomberry Resorts and Hotels, Inc. (BRHI) and Sureste Properties, Inc. (SPI) as borrowers, signed a P40-billion

PHILSTAR FILE PHOTOLISTED TECHNOLOGY company Xurpas Inc. has appointed Information Technology and Business Process Association of the Philippines (IBPAP) President and Chief Executive Officer Jonathan Jack R. Madrid as an independent director.The Xurpas board approved Mr. Madrid’s appointment on Feb. 11, the company said in

BW FILE PHOTOTERM DEPOSIT YIELDS went down on Wednesday ahead of a widely anticipated rate cut by the Bangko Sentral ng Pilipinas (BSP) at its first policy meeting of the year.The BSP’s term deposit facility (TDF) attracted bids amounting to P241.191 billion on Wednesday, above

CEMEXHOLDINGSPHILIPPINES.COMCEMEX HOLDINGS Philippines, Inc. (CHP) is changing its corporate name to Concreat Holdings Philippines, Inc. following a change in ownership.The name change was approved during a special stockholders’ meeting on Wednesday, CHP said in a regulatory filing.CHP said the name change was due to the

BW FILE PHOTOTHE INSURANCE INDUSTRY saw its combined premium income rise by 12.81% year on year in 2024, driven by the life sector, the Insurance Commission (IC) said on Wednesday.The combined premium income of life and non-life insurers and mutual benefit associations (MBAs) climbed to

BW FILE PHOTOMARGARITA “GAITA” ARANETA FORÉS, hailed as Asia’s Best Female Chef in 2016, has died. According to reports, Ms. Forés was found unresponsive on Feb. 11 in a hotel room in Hong Kong — a city she loved.“I went to Hong Kong for the

DHL.COMDHL EXPRESS has added 22 new electric vehicles (EVs) to its fleet, increasing the share of EVs to 35% of its total vehicles.“The expansion of electric vehicles into the DHL Express fleet plays an important role in reducing the environmental impact of our business processes

STICKY SWEET and Chef Jessie are two of the restaurants whose dishes are available at World Kitchens.By Joseph L. Garcia, Senior ReporterA WEEK before its grand opening on Feb. 12, BusinessWorld was invited to dine at World Kitchens. The signs had been up since last year,

PHILSTAR FILE PHOTOCEBU PACIFIC is expanding its Iloilo hub with the launch of direct flights between Iloilo and Bangkok, Thailand, the budget carrier said on Wednesday.Cebu Pacific, operated by Cebu Air, Inc., will offer direct flights between Iloilo and Bangkok-Don Mueang starting March 31. The

YVES GONZALEZ, head of government affairs and public policy at Google Philippines, discussed the enhanced Google Play Protect service at the launch event on Feb. 11.GOOGLE has launched in the Philippines its enhanced Play Protect feature, which blocks the download and installation attempts of suspicious