Corporate
Ayala Land redeveloping all four flagship malls all at once with a budget of P13 billion
Ayala Land Inc. on Thursday said it will spend P13 billion to redevelop beginning this year four of its malls in Metro Manila and Cebu to keep up with changing commercial conditions generated by the end of the pandemic.
URC breaks ground for new, leading edge production plant in Malvar
Universal Robina Corp. (URC) has broken ground for its new production plant in Malvar town in Batangas that will showcase its cutting-edge manufacturing process...
Cebu Landmasters secure PCC clearance for joint venture
Listed property developer Cebu Landmasters Inc. said Thursday it has secured regulatory clearance from the Philippine Competition Commission for its joint venture with NTT...
Meta adds exec from key chip partner to board
Meta Platforms on Wednesday added Broadcom CEO Hock Tan to its board of directors, bringing on the head of a company known for its networking chips.
Cisco to cut more than 4,000 jobs, lowers annual revenue forecast
Cisco Systems CSCO.O said it would cut 5 percent of its global workforce, or more than 4,000 jobs, and lowered its annual revenue target as the company navigates a tough economy that has led to thousands of layoffs by tech firms this year.
