First Philippine Holdings Allots Capex for Clean and Renewable Energy Projects
First Philippine Holdings Corp. earmarked PHP 51 billion (USD 953.2 million) of its capital expenditures mainly to fund the expansion of its power generation and property businesses. According to a source, about 56% of its capex budget, or PHP 29 billion (USD 542...
SM Prime Develops Green Projects
SM Prime Holding Inc. (SM Prime), one of the leading integrated property developers in Southeast Asia, announced that it will develop greener buildings that provide holistic solutions, which not only reduce emissions but also promote social well-being. Today, real...
Aboitiz Group’s Food Subsidiary, Pilmico Foods Corp., Eyes Presence in 300 Supermarkets
Pilmico’s retail brand, The Good Meat, targets to reach over 300 supermarket concessionaires and open more brick-and-mortar stores in 2022. This is in line with the goal of Pilmico Food Corporation (Pilmico), the Aboitiz Group’s food and agribusiness unit, to...