CPG completes over 2,800 condo units this year

CENTURY PROPERTIES Group, Inc. (CPG) is bullish on its housing and commercial leasing business as it completed 2,853 condominium units in 2019.

70 common towers to rise in Cavite

ISOC edotco Towers, Inc., a joint venture of local company ISOC Infrastructure, Inc. and Malaysia’s edotco Group Sdn Bhd, is planning to build 70 common towers in Cavite province.

14 new Accor hotels to open in PHL in 5 years

THE company behind hotel brands Raffles, Fairmont and Sofitel is expecting to launch 14 new hotels in the Philippines in the next five years.

Cebu Air orders 15 A320neo jets

PHILIPPINES’ Cebu Air Inc said on Thursday it had ordered 15 Airbus SE A320neo family jets worth $2 billion at list prices, keeping the European manufacturer on track to reach a year-end sales milestone.

Max’s Group opens multi-brand site along EDSA

MAX’S Group Inc. (MGI) launched a new multi-brand site along Epifanio de los Santos Avenue (EDSA), as the casual dining company is ramping up expansion in the country.

4 groups keen on Panglao resort

FOUR groups, including companies led by businessman Dennis A. Uy and Gotianun-led Filinvest group, have expressed interest in partnering with the Tourism Infrastructure and Enterprise Zone Authority (TIEZA) to develop and manage the Balicasag Island Dive Resort in Panglao, Bohol, according to the Public Private Partnership (PPP) Center.

How PSEi member stocks performed — December 19, 2019

Here’s a quick glance at how PSEi stocks fared on Thursday, December 19, 2019.

Grab slapped with new fine

THE Philippine Competition Commission (PCC) slapped Grab Philippines with new fines amounting to P16.15 million for overpricing and higher driver cancellations.

PNOC unit to acquire additional stake in Malampaya project

THE exploration unit of state-led Philippine National Oil Co. (PNOC) is exercising its right to acquire 10% of the shares being sold by one of its partners in the offshore Malampaya gas-to-power project, the Energy department’s top official said.

SN Aboitiz plans venture into ground-mounted solar power plants

SN Aboitiz Power is planning to venture into ground-mounted solar power plants to add to its portfolio of energy sources, which are mostly large hydroelectric power plants, the company’s president said.

Asian business sentiment bounces back this quarter

SYDNEY — Confidence among Asian businesses rebounded sharply this quarter to hit an 18-month high with firms reporting a pickup in sales, though most are holding off on hiring as trade war uncertainty weighs, a Thomson Reuters/INSEAD survey found.

SSS taps PayMaya for digital payments

PAYMAYA Philippines, Inc. is partnering with the Social Security System (SSS) to offer its digital payment solutions to SSS members.