Corporate

Megaworld investing in AI to secure its townships

Megaworld Corp. is investing in data science and artificial intelligence through its Township Analytics and Technology Lab (TAT Lab), a data science lab. Headquartered within...

Fruitas allots P500 million as capex this year

Food and beverage retail operator Fruitas Holdings Inc. is allotting P500 million as capital expenditure this year. Fruitas president and CEO Lester Yu said the...

Kepwealth opts for prudence and holds IPO proceeds in low-risk instruments

Property developer Kepwealth Property Philippines. Inc. hesitates on spending the full proceeds of its initial public offering and deploy them temporarily instead on low-risk...

Megawide expects PH1 acquisition to bolster revenue, growth

Megawide Construction Corp. said Thursday its acquisition of PH1 World Developers Inc. will provide it a steady revenue stream as well as help accelerate...

Parañaque court issues arrest warrants against Kazuo Okada, partners

A Paranaque court has ordered the arrest of Japanese gambling magnate Kazuo Okada and partners for allegedly siphoning money from Okada Manila during their...

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