PHL’s first Panda Express to open on Dec. 12
JOLLIBEE Foods Corp. (JFC) is opening the Philippines’ first Panda Express store on Dec. 12 at SM Megamall in Mandaluyong City.
Phoenix issues P3 billion in CPs at a discount
PHOENIX Petroleum Philippines, Inc. is issuing P3 billion in commercial papers (CP) at a discount to face value of 4.6657% per annum.
Hong Kong Airlines given just one week to save its license — regulator
HONG KONG Airlines Ltd., the city’s only other competitor to Cathay Pacific Airways Ltd., is fighting for survival just as the busy Christmas season approaches.
How PSEi member stocks performed — December 2, 2019
Here’s a quick glance at how PSEi stocks fared on Monday, December 2, 2019.
PLDT eyes bigger capital expenditure for 2020
PLDT, Inc. said it will increase its capital expenditure (capex) for 2020 as it continues expanding its network infrastructure, particularly the fifth-generation (5G) network that will be launched “early next year.”
ACE Legazpi gets SEC go-signal for P1-B IPO
ANOTHER member of the Allied Care Experts (ACE) Medical Group has gained the approval of the Securities and Exchange Commission (SEC) to conduct a P1-billion initial public offering (IPO).
MacroAsia prepares Sangley Airport bid
MACROASIA Corp. is currently preparing its bid for the Sangley Point International Airport project in Cavite.
Sweet debut for Fruitas as investors optimistic on its prospects
FRUITAS Holdings, Inc. made its market debut only last Friday, but it still ended up as the tenth most actively traded stock last week.
Strong demand pushes Araneta, SLI to expand Colinas Verdes project
ARANETA Properties, Inc. is increasing the size of its Colinas Verdes project in Bulacan as it entered a new deal with its development partner Sta. Lucia Land, Inc. (SLI).
How PSEi member stocks performed — November 29, 2019
Here’s a quick glance at how PSEi stocks fared on Friday, November 29, 2019.
Mobile video experience in PHL fair but improving
MOBILE video experience in the Philippines for 2019 was tagged “fair” by a global wireless coverage mapping firm, improving from its “poor” ranking in 2018.
HARI’s 10-month sales fall by 6%
HYUNDAI Asia Resources, Inc. (HARI), the official distributor of Hyundai vehicles in the Philippines, reported a six percent drop in sales in the first ten months of 2019.