Corporate
Renewable energy investor is also sugar baron
Businessman Leandro Antonio L. Leviste who created a vast amount of wealth from renewable energy is now the single largest shareholder of sugar firm Roxas and Co. Inc. with the purchase of 188.89 million RCI shares equivalent to 7.55 percent of the company.
Risk for Metro Manila faucets going dry in 12-hour stretches passes
The National Water Resources Board (NWRB) has decided against reducing the volume of water allowed the Metropolitan Water and Sewerage System (MWSS) from the Angat Dam by next month as originally projected.
DMW 2023 net income increases over threefold to ₱7.3 billion
D.M. Wenceslao and Associates, Inc.’s (DMW) 2023 net income increased more than threefold to ₱7.3 billion from ₱2.1 billion in 2022 on robust leasing, stable residential growth, and boosted by one-time gains.
MWSS warns of service interruptions should NWRB decide on reducing Angat water allocation
The Metropolitan Waterworks and Sewerage System (MWSS) warned of night time interruptions in some areas in Metro Manila in April if the allocation from Angat Dam is reduced to 48 cubic meters per second from 50 CMS.
SM Investments boosting logistics segment to help drive domestic trade
SM Investments Corp. is beefing up investments in logistics to help spur more economic activity outside Metro Manila, where the parent company of the SM Group sees strong potential to drive future growth of its diverse businesses.
