BayaniPay secures $3-million funding for expansion
GLOBAL PAYMENT solution platform BayaniPay is aiming to expand its services to at least four countries in the Southeast Asian region as it targets...
EEI Corp., Concrete Stone enter supply deal for infra projects
LISTED construction company EEI Corp. has signed a deal with Concrete Stone Corp. (CSC) to supply the former’s precast concrete needs nationwide.
EEI and CSC...
PSEi member stocks performed — June 13, 2024
Here’s a quick glance at how PSEi stocks fared on Thursday, June 13, 2024.
Maynilad starts IPO preparations, eyes 2026 listing
WEST ZONE concessionaire Maynilad Water Services, Inc. has started preparations for an initial public offering (IPO), aiming for a listing by 2026 at the...
Meralco seeks bids for 600-MW baseload supply
MANILA Electric Co. (Meralco) said it has started the bidding process for 600 megawatts (MW) of baseload power supply to meet energy requirements from...
PH1 says planned IPO possible by 2025
PH1 World Developers, Inc. President Gigi G. Alcantara has expressed confidence in the likelihood of the company’s planned initial public offering (IPO) proceeding by 2025.
“There...
MPIC expects to finalize Indonesian toll road deal by July
METRO PACIFIC Investments Corp. (MPIC) said it expects to finalize a deal with the Indonesian government for its toll road bid by July.
“Hopefully by...
Pure Energy plans to build AI-powered indoor farms
PURE Energy Holdings Corp., the parent company of listed Repower Energy Development Corp. (REDC), said it plans to venture into artificial intelligence (AI)-powered agricultural...
MFT Group eyeing to appeal court decision extending freeze order on accounts
THE Maria Francesca Tan (MFT) Group of Companies, Inc. said it plans to pursue an appeal against a court decision that extended the freeze...
Pangilinan says Maya needs firm market standing before considering IPO
MAYA Bank, Inc. is not positioned to pursue an initial public offering (IPO) in the near future, PLDT Chairman and Chief Executive Officer Manuel V. Pangilinan said.
ERC partially approves Meralco, San Miguel’s power deal
THE Energy Regulatory Commission (ERC) said it has partially approved the power deal between Manila Electric Co. (Meralco) and the subsidiary of San Miguel...
JV of Meralco unit, PhilTower faces ‘more in-depth’ PCC scrutiny
THE Philippine Competition Commission (PCC) on Tuesday said it has started a “more in-depth assessment” of a proposed joint venture (JV) between independent tower...