How PSEi member stocks performed — January 14, 2022

Here’s a quick glance at how PSEi stocks fared on Friday, January 14, 2022.

Triconti, Iberdrola plan 3.5-GW offshore wind farms

Local wind energy developer Triconti Windkraft Group has inked an agreement with global clean energy company Iberdrola S.A. to build five offshore wind projects...

NLEX Corp. to start northbound upgrade of Candaba Viaduct in Feb.

NLEX Corp. announced on Friday that upgrade work on the northbound portion of the Candaba Viaduct, a five-kilometer bridge between Pulilan, Bulacan and Apalit,...

Ayala firm forges deals for 1,100-MW power plant

ACE Enexor, Inc. on Friday has executed shareholders’ and subscription agreements with other entities for a joint venture that will develop a 1,100-megawatt combined...

Chelsea Logistics taps NTT DATA for financial system upgrade

Chelsea Logistics and Infrastructure Holdings Corp. announced in a disclosure Friday that it partnered with NTT DATA Philippines, Inc. for the modernization of the...

Toyota to offer new RAV4 HEV next month

TOYOTA Motor Philippines Corp. is set to offer the new RAV4 hybrid electric vehicle (HEV) in February as part of efforts to expand its...

AirAsia: 7 out of 10 Filipinos still keen on traveling 

SEVEN out of 10 Filipinos are still keen on pushing through with their planned air travel in the next nine months despite the rising coronavirus cases, a survey commissioned by low-cost carrier Philippines AirAsia, Inc. showed.

Cebu Landmasters posts P16.5-B record reservation sales

CEBU Landmasters, Inc. (CLI) recorded a 16% increase in reservation sales to P16.5 billion last year, the real estate developer said on Thursday, describing the figure as “record-breaking” coming from P14.25 billion a year earlier.

BSP: Three firms cleared by SEC to buy bad assets

THE Securities and Exchange Commission (SEC) has authorized three asset management companies to buy nonperforming assets of financial institutions during the crisis, according to an official of the Bangko Sentral ng Pilipinas (BSP).

Cisco PHL keen on supporting IT-BPM sector’s hybrid work 

TECHNOLOGY company Cisco Philippines on Thursday said that it intends to support the information technology and business process management (IT-BPM) sector in its long-term remote work strategy by helping companies adopt the hybrid work setup.

SPOTLIGHT