World News
ACEN subscribes to P5-B shares in Santa Cruz Solar unit
AYALA-LED ACEN Corp. announced on Thursday that it had executed a subscription agreement with its wholly-owned subsidiary Santa Cruz Solar Energy Inc. (SCSEI) to fund the construction of the latter’s solar project in Zambales. In a stock exchange disclosure, ACEN said it subscribed to 50 million common A shares and…
Read More »Chloe Bailey makes solo album debut with In Pieces
CHLOE BAILEY, also known by her stage name Chloe, sits for a portrait at Sony Music global headquarters in New York City, US, March 6. —REUTERS/SHANNON STAPLETON NEW YORK — US singer and actress Chloe Bailey, half of sister R&B duo Chloe x Halle, releases her debut solo album on…
Read More »East West Banking Corp. to conduct annual stockholders’ meeting virtually on April 21
East West Banking Corp. to conduct annual stockholders’ meeting virtually on April 21 – BusinessWorld Online Spotlight is BusinessWorld’s sponsored section that allows advertisers to amplify their brand and connect with BusinessWorld’s audience by enabling them to publish…
Read More »SEC warns against 2 unlicensed entities soliciting investments
THE Securities and Exchange Commission (SEC) has warned the public against putting money in two investment-taking entities, which have not secured a license to offer shares. In separate advisories, the SEC identified these entities as Life Blessing Philippines and Fresh Deals Meat Trading. The advisory said that Life Blessing, headed…
Read More »Sika Philippines said it expects 20% sales growth in 2023
SIKA PHILIPPINES FACEBOOK PAGE THE Philippine unit of Switzerland-based construction chemicals company Sika Group said it is expecting its topline to grow by 20% this year amid the increase in infrastructure projects. In 2022, Sika Philippines, Inc. General Manager Christophe Lejeune said that the company recorded a 20% revenue growth…
Read More »Ticketholders for Alanis’ canceled 2020 show can get tickets for upcoming concert
ALANIS MORISSETTE WITH the announcement that the Alanis Morissette concert will finally push through, local concert promoter Ovation Productions has announced how holders of tickets to the canceled Alanis Morissette 2020 World Tour concert can get seats to the new concert. The Alanis Morissette 2023 World Tour will be held…
Read More »Netflix tests idea of expanding gaming service to televisions
NETFLIX, Inc. is working to bring its nascent video-game service to television sets for the first time, moving beyond smartphones and tablets in a sign of its growing ambitions. Code hidden within Netflix’s app includes references to games played on TVs, signaling that such a plan is in motion. The…
Read More »CTA partially grants refund claim of Kuwait Airways
CTA.JUDICIARY.GOV.PH/ THE Court of Tax Appeals (CTA) has granted part of Kuwait Airways Corp.’s appeal to refund its overpaid income taxes in the amount of P12.3 million for the year 2017. In a 17-page decision dated March 28 and made public on March 29, the CTA Special Third Division said…
Read More »DTI, Amazon tie up for entrepreneurs’ digital shift
THE Department of Trade and Industry (DTI) partnered with Amazon Web Services (AWS) to help the digital transition of local entrepreneurs and businesses. In a statement on Thursday, the DTI said that it signed a memorandum of understanding with AWS in February for the training of local entrepreneurs and innovators.…
Read More »Sta. Lucia Land board clears six projects, P1.5-B loan
LISTED real estate developer Sta. Lucia Land, Inc. said on Thursday that its board had approved taking out a P1.5-billion long-term loan facility while authorizing joint ventures to develop six projects, including an acquisition in Batangas. In a disclosure to the stock exchange, the company also said its board of…
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Torre Lorenzo launches its newest premium residence, Crown Residences at Tierra Davao
Located within the integrated-use development Tierra Davao, Crown Residences is Torre Lorenzo’s first premium …
