Japanese firm JTI to buy more tobacco leaves from local farmers —  DoF chief

Japan Tobacco International (Philippines) Inc. (JTI) is looking to increase its tobacco purchases from local farmers to more than 4.6 million kilograms (kg) next year, according to the Department of Finance (DoF).

Higher LPG sales lift Pryce’s third-quarter profit 

PRYCE CORP. on Monday reported a 1.24% rise in its net profit between July and September to P1.222 billion over a year ago as it saw growth in liquefied petroleum gas (LPG) sales.

FEU swings to loss on enrollment decline, tuition discounts

FAR Eastern University, Inc. (FEU) swung to a loss in its first quarter, ending August as a result of lower enrollments and tuition fee discounts because of the coronavirus pandemic.

AllHome plans to open 2 more stores this year

VILLAR-LED AllHome Corp. is looking to end the year with at least two more new stores as it is encouraged by the resilience of existing stores during the coronavirus-related lockdown.

NGCP turns over housing project in Valenzuela City 

POWER grid operator National Grid Corporation of the Philippines (NGCP) said Monday it turned over to the city government of Valenzuela the first batch of low-rise homes in a joint in-city housing project for informal settler families.

Grab delivery services reach Dumaguete City

GRAB Philippines said on Monday its GrabFood and GrabExpress services are now available in Dumaguete City.

Globe deploys school buses with WiFi in Manila

GLOBE TELECOM, Inc. announced on Monday the deployment of school buses equipped with special antennas to provide WiFi signal to residents in at least nine areas in Manila from 7:00 a.m. to 7:00 p.m. from Monday to Sunday.

How PSEi member stocks performed — October 19, 2020

Here’s a quick glance at how PSEi stocks fared on Monday, October 19, 2020.

Philippines’ PXP Energy in talks with CNOOC on S.China Sea development 

PXP Energy Corp. said it was in ongoing negotiations with China National Offshore Oil Corp (CNOOC) relating to a memorandum of understanding between Manila...

Toyota sees ‘earlier’ sales recovery

TOYOTA Motors Philippines Corp. (TMP) is expecting slightly higher overall sales for 2020 than its mid-year projection of a 40% decline, after a recent sales uptick.

PH Resorts prices follow-on shares; analysts weigh in

PH RESORTS Group Holdings, Inc. may attract more investors in its follow-on public offering after pricing its shares at P1.68 each, but worries over the tourism industry’s recovery is likely to remain a concern for some.

Megawide signs new contracts with PHirst Park

LISTED Megawide Construction Corp. has bagged three contracts to build more than 4,700 row housing units for a subsidiary of Century Properties Group, Inc.