Maynilad donates alcohol to 32 hospitals
WEST zone water provider Maynilad Water Services, Inc. donated alcohol to 32 hospitals within its concession areas, as part of the company’s efforts to support medical personnel during the coronavirus disease 2019 (COVID-19) pandemic.
SMC sets strict office safety protocols
SAN MIGUEL Corp. (SMC) said on Wednesday that it had put in place stringent protocols to ensure a safe workplace for its employees who are physically reporting for work starting this week after Metro Manila’s transition to a relaxed lockdown.
How PSEi member stocks performed — June 3, 2020
Here’s a quick glance at how PSEi stocks fared on Wednesday, June 3, 2020.
Some branches of Victoria Court to be shuttered
Several branches of local motel operator Victoria Court under Angelina Mead King are closing because of the pandemic, while branches under her brother, Atticus...
SEC shuts two firms for fraud
THE Securities and Exchange Commission (SEC) has ordered the shutdown of two investment companies which it found were operating fraudulent schemes.
San Miguel’s Bulacan airport still a go, says Tugade
DESPITE lengthy delays in groundbreaking, Transportation Secretary Arthur P. Tugade said the P734-billion Bulacan international airport project of San Miguel Holdings Corp. (SMHC) would still push through.
PTT to resume opening of Café Amazon stores
THE Philippine unit of Thai state-owned PTT Public Co. Ltd. will resume opening Café Amazon stores that were supposed to open during the first six months of 2020 once the business situation has normalized after closing them during the lockdown period.
Foreign investors seen to push PSEi higher
THE PHILIPPINE Stock Exchange index (PSEi) is projected to be taken to 6,600 by bulls outside the Philippines as foreign investors are back trading locally in the past days.
Crown Asia earnings up 6% despite lower revenues
CROWN ASIA Chemicals Corp. posted a 6% increase in earnings in the first quarter despite a 5% decline in sales due to the coronavirus disease 2019 (COVID-19) pandemic.
Suntrust signs deal with HK firm for convertible bonds
SUNTRUST Home Developers, Inc. is issuing P5.6 billion convertible bonds to be subscribed to by a Hong Kong-based company in relation to its construction of a hotel casino in Parañaque City.
Eagle Cement continues food relief
EAGLE Cement Corp. has committed to continue supporting the communities around its cement plants as the coronavirus disease 2019 (COVID-19) pandemic persists.
Bounty Agro sustains business during pandemic
BOUNTY Agro Ventures, Inc. (BAVI) said it had managed to minimize its business losses even while the coronavirus disease 2019 (COVID-19) pandemic persisted.