Hotel101 to open 2 hotels in Cambodia by 2028
HOTEL101 GLOBAL Pte. Ltd., the Singapore-based unit of DoubleDragon Corp. (DD), is building two hotel projects in Cambodia that are slated for completion by...
Deeds signed for ABS-CBN’s P6.24-B property deal with ALI
MEDIA company ABS-CBN Corp. said it has signed the deeds of absolute sale (DoAS) covering part of its Quezon City property with property developer...
Unicapital cuts PSEi year-end forecast to 7,100
LOCAL BROKERAGE Unicapital Securities, Inc. has lowered its year-end forecast for the Philippine Stock Exchange index (PSEi) to 7,100 from 7,800, citing slower corporate...
ERC OKs Alternergy’s P2.8-B grid link project for Tanay wind farm
ALTERNERGY Holdings Corp. has secured approval from the Energy Regulatory Commission (ERC) to build a P2.8-billion transmission facility to connect its 128-megawatt (MW) wind...
Megawide Q2 income falls on lower revenues
MEGAWIDE Construction Corp. saw its second-quarter (Q2) attributable net income decline by 14.6% to P220.79 million on lower revenues for the period.
For April to...
Canvas developer Instructure sets up PHL headquarters
INSTRUCTURE Holdings, Inc., a US-based education technology company, has set up its headquarters in the Philippines as part of its expansion in Asia.
“This is...
AboitizPower sees stronger second half on new capacities, contracts
ABOITIZ POWER CORP. (AboitizPower) expects stronger earnings in the second half (H2) of the year as new power capacities and contracts begin to contribute...
PR firm sets up studio with AI-generated anchors
LOCAL public relations (PR) firm PAGEONE Group has launched PAGEONE Studios, a production unit that will use artificial intelligence (AI) to produce newscasts and...
Metro Pacific teams up with Mitsui, SteelAsia to study steel recycling system
PANGILINAN-LED conglomerate Metro Pacific Investments Corp. (MPIC) has teamed up with Mitsui & Co. (Asia Pacific) Pte. Ltd. Manila Branch (Mitsui) and SteelAsia Manufacturing...
SM says it is broadening entertainment offerings to boost engagement
SY-LED conglomerate SM Investments Corp. (SMIC) is expanding its entertainment offerings in malls, convention centers, and arenas to respond to growing consumer demand, particularly...
How PSEi member stocks performed — August 20, 2025
Here’s a quick glance at how PSEi stocks fared on Wednesday, August 20, 2025.
Shell Pilipinas sets up to P4-B capex for asset growth from 2027 to 2030
LISTED oil firm Shell Pilipinas Corp. (SPC) plans to spend up to P4 billion in capital expenditure (capex) through 2030 to expand its asset...