Business

[ad_1] MANILA, Philippines – Shareholders of Vallacar Transit Inc. (VTI), the largest subsidiary of the Yanson Group of Bus Companies, elected Ma. Lourdes Celine Lopez as their chairman and president. According to a statement issued Monday, the election took place on Saturday during an annual shareholders meeting held at the …

[ad_1] Headquarters of DITO Telecommunications and Udenna Corporation in the city of Taguig on February 20, 2020. Jessica Fenol, ABS-CBN News / Archive MANILA – The Senate Public Services Committee postponed the renewal of the DITO Telecommunity franchise on Monday, saying the third telecommunications company should first demonstrate that it …

[ad_1] Metro Manila (CNN Philippines, December 7) – North Luzon Expressway has acknowledged the traffic problems caused by the company’s toll system and promised to “do everything possible” to improve operations in the coming days as the deadline for action approaches. In an interview with CNN Philippines’ New Day on …

[ad_1] The Chinese Sinovac Biotech has obtained 515 million dollars in financing from a local company. China’s Sinovac Biotech has secured $ 515 million in funding from a local company to double the production capacity of its coronavirus vaccine, the companies said Monday, as they await efficacy data from their …

[ad_1] Bob Donnan-USA TODAY Sports The situation with the Houston Rockets has been slightly resolved. The main NBA story of late featured the Rockets sending Russell Westbrook to the Washington Wizards in exchange for John Wall. Now, they could look to move James Harden if they get the right return …

[ad_1] The Department of Environment and Natural Resources (DENR) is considering lifting the suspension imposed on quarry operators in Albay, particularly those around Mt. Mayon, the most active volcano in the country. Last month, the agency recommended to the Albay provincial government the suspension of quarry operations in the area …

[ad_1] Property developer Anchor Land Holdings Corporation reported that its residential business in Manila Chinatown has been stable during the pandemic, while its rental properties are on the mend as consumers prepare for the holiday season. Anchor Land President Elizabeth Ventura said the company’s strong foundation based on its 15 …

[ad_1] BEIJING – (BUSINESS WIRE) – Sinovac Biotech Ltd. (“Sinovac” or the “Company”) (NASDAQ: SVA), a leading supplier of biopharmaceuticals in China, announced today that Sinovac Life Sciences Co., Ltd. (“Sinovac LS”) (formerly known as Sinovac Research and Development Co., Ltd.), a subsidiary of Sinovac, has secured approximately $ 500 …

[ad_1] Subsidies awarded to state corporations during the 10 months through October have already exceeded the 2019 record total, as the national government disbursed financial support to programs and projects to combat the economic and health consequences of COVID-19. The latest data from the Treasury Office showed that subsidies to …

[ad_1] A PRELIMINARY RANKING of the top 200 corporations in the Philippines showed aggregate gross income of P11.25 trillion in 2019 on a consolidated basis, with conglomerate San Miguel Corp. (SMC) topping the list. The aggregate gross revenues of these companies were 7.5% higher compared to their performance in 2018, …