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Ventures Cebu

@venturescebu

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Business and economic news from Cebu and the Visayas

Cebu, Philippines
Joined January 2021
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@venturescebu
Ventures Cebu
13 days
Forest feels with matching bird sounds at SM City Cebu north wing.#malls #weekendmood
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@venturescebu
Ventures Cebu
1 month
The Mactan-Cebu International Airport Authority said it officially opened its second runway today. Repairs on the primary runway are expected to be completed in a year, according to airport management. | Images from MCIAA of flights using the parallel runway.#travel #infra
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@grok
Grok
2 days
What do you want to know?.
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@venturescebu
Ventures Cebu
1 month
US Pres Trump writes to PH Pres BBM, saying US will impose a 20% tariff, starting Aug 1, on all PH products exported to the US, on top of sectoral tariffs. / Image from CNBC
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@venturescebu
Ventures Cebu
2 months
WATCH. Tesla made its first autonomous delivery when this car drove itself from the company’s factory to its new owner.
@Tesla
Tesla
2 months
World's first autonomous delivery of a car!. This Tesla drove itself from Gigafactory Texas to its new owner's home ~30min away — crossing parking lots, highways & the city to reach its new owner
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@venturescebu
Ventures Cebu
2 months
Under a 25-year agreement signed with the Metropolitan Cebu Water.District in April, the facility will supply up to 20,000 cu.m. per day of treated and potable water. #stocks #water #desalination.
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@venturescebu
Ventures Cebu
2 months
Vivant Corp said its desalination plant on Mactan Island is undergoing testing and commissioning, and is expected to begin commercial operations in the second half of this year. #stocks #water #desalination #utilities
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@venturescebu
Ventures Cebu
2 months
Aboitiz Construction said it has started providing integrated facilities management (IFM) services at the Mactan-Cebu International Airport under a 5-year contract. #stocks #investment #airportservices
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@venturescebu
Ventures Cebu
2 months
to expand the passenger terminal building, modernize landside and airside facilities, and install new systems and equipment.
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@venturescebu
Ventures Cebu
2 months
Aboitiz InfraCapital said it officially took over operations and management of the Bohol Panglao International Airport Monday, June 16. The company said it will implement a series of upgrades under a ₱4.53 billion public-private partnership program (1/2)
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@venturescebu
Ventures Cebu
3 months
WEATHER UPDATE. A low pressure area (LPA) inside the Philippine Area of Responsibility has a “medium chance” of developing into a tropical depression in the next 24 hours, DOST-PAGASA said as of 2 AM today. #weather #LPA #WeatherAlert
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@venturescebu
Ventures Cebu
3 months
Globe Fintech is an affiliate of Ayala, Globe Telecom and Ant Group. The stock split would take effect upon approval by the SEC. A stock split makes a stock more attractive to investors and suggests management confidence in future growth. #stocks #investments #fintech.
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@venturescebu
Ventures Cebu
3 months
GCash operator Globe Fintech Innovations, Inc. (Mynt) has approved a proposed stock split that would raise its authorized common shares to about 71.66 billion from around 2.15 billion and lower the par value to ₱0.03 from ₱1.00, Ayala Corp. and Globe Telecom said separately.
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@venturescebu
Ventures Cebu
3 months
Closing of the merger is expected this month, with the combined company anticipated to operate as Hotel101 and its stock to trade on Nasdaq under the ticker symbol "HBNB.".#stocks #investments #hospitality #hotel #travel #Condotel #IPO.
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@venturescebu
Ventures Cebu
3 months
Hotel101 Global is set to become the first Filipino-owned firm to be listed and traded on Nasdaq. The company and Nasdaq-listed shell company JVSPAC Acquisition Corp. received approval for their prospective combined company's Nasdaq listing.
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venturescebu.wixsite.com
DoubleDragon Corp. subsidiary Hotel101 Global Holdings, Inc. and Nasdaq-listed shell company JVSPAC Acquisition Corp. said they received approval from the US Securities and Exchange Commission Monday...
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@venturescebu
Ventures Cebu
3 months
The transaction via a special block sale was funded through a combination of internal funds and external loans, the company said.
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@venturescebu
Ventures Cebu
3 months
Robinsons Retail Holdings, Inc. said it has bought back about 315.3 million of its shares from GCH Investments for ₱50 apiece, or about ₱15.77 billion. The repurchased shares represent 22.2% of its outstanding shares, RRHI said. #stocks #investments #Buyback
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@venturescebu
Ventures Cebu
3 months
Philippine Airlines said it has formally appointed Richard Nuttall as president and Carlos Luis Fernandez as chief operating officer and executive vice president. The airline also said it expects delivery of an Airbus A350-1000 by the end of this year. #stocks #travel #tourism
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@venturescebu
Ventures Cebu
3 months
DoubleDragon subsidiary Hotel101 Global said it entered into a joint venture with Horizon Group to develop up to 10,000 rooms in Saudi Arabia. The company said five locations have been identified for the ₱137.5 billion project. #stocks #investments #tourism #travel #expansion
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@venturescebu
Ventures Cebu
3 months
The project, targeted to increase capacity to 2.5 million passengers yearly in one to two years, includes expansion of the passenger terminal building, installation of modern aviation systems, and enhancements to airside and landside facilities, the company said.
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@venturescebu
Ventures Cebu
3 months
Aboitiz InfraCapital, Inc. said it will take over operations at the Bohol-Panglao International Airport in June. Under a 30-year concession agreement, @AboitizInfraCap said it will invest ₱4.53 billion in upgrading the airport. #stocks #investments #infrastructure #airport
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