Philcement selling 15% stake to Japan’s Sumitomo Cement
Philcement Corp., a unit of Phinma Corp., announced on Wednesday that it has signed a share subscription agreement with Japan-based Sumitomo Osaka Cement Co. Ltd., for the sale of a 15 percent stake through the issuance of primary shares.
Romualdez resigns as Speaker amid flood control controversy
Leyte Rep. Ferdinand Martin Romualdez resigned Wednesday as Speaker of the House, citing the need to restore public trust amid allegations tied to flood control projects personally flagged by President Ferdinand Marcos Jr.
SM Leisure to soon deliver Horizon Terraces villas, condos
SM Leisure Resort Residences, a unit of property developer SM Prime Holdings, is set to complete Horizon Terraces within Tagaytay Highlands, with Scottsdale Villas scheduled for turnover in December 2025 and Redstone Condominiums in March 2026.
Prime Infra launches tree planting drive to boost sustainability
Prime Infrastructure (Prime Infra) has launched Prime Kalikasan: Greener Prime, Greater Future, a tree planting initiative aimed at reinforcing its environmental sustainability efforts. The program kicked off on September 5 and 6 at Prime Infra’s waste management sites in Porac, Pampanga and Barangay Binaliw, Cebu City.
PAL expands Cebu hub with new Calbayog route
Flag carrier Philippine Airlines (PAL) is set to launch a new Cebu-Calbayog route starting October 26, with four weekly flights, as part of its ongoing efforts to strengthen Cebu as a key regional aviation hub.
