D&L optimistic on potential of biodegradable plastics

AS the Philippines mulls a ban on single-use plastics, listed firm D&L Industries, Inc. is hopeful of the potential of biodegradable plastics.

Pag-IBIG Fund launches online portal

THE Home Development Mutual Fund (Pag-IBIG Fund) on Friday launched an online portal that makes its services available to members 24/7.

How PSEi member stocks performed — December 13, 2019

Here’s a quick glance at how PSEi stocks fared on Friday, December 13, 2019.  

Makati subway to link up with Megaworld’s Skytrain

THE proposed Makati City subway will soon be connected to the planned monorail being built from the Guadalupe Metro Rail Transit (MRT Line 3) station to Megaworld Corp.’s township in Taguig City.

ICTSI takes over container terminal in Brazil

Razon-led International Container Terminal Services, Inc. (ICTSI) has taken over the operations of a container terminal in Brazil.

SEC approves CPG’s preferred share offering

CENTURY Properties Group, Inc. (CPG) has secured clearance from the country’s corporate regulator to issue preferred shares that could raise up to P3 billion.

Pag-IBIG launches online portal

THE Home Development Mutual Fund (Pag-IBIG Fund) on Friday launched an online portal that makes its services available to members 24/7.

PHA ends MoA with Qatar firm

PREMIERE Horizon Alliance Corp. (PHA) is backing out of its planned partnership with a Qatar-based firm for a 250 million euro (approximately P15 billion) funding facility for several projects.

ABS-CBN sues seller of pirated set-top boxes

ABS-CBN Corp. sued a US-based individual and tech company for allegedly pirating the media giant’s content and infringing on its trademark.

PHL builds P300-M Dubai Expo pavilion

DUBAI — The Philippines is allocating P300 million to build a pavilion at the Dubai World Expo, which is scheduled to open in 2020.

Toyota Philippines president steps down

TOYOTA Motor Philippines Corp. (TMP) will have a change of leadership next year as its president Satoru Suzuki steps down by the end of December.

Tokyo Gas plans to step up overseas expansion in renewables, LNG

TOKYO — Distributor Tokyo Gas Co. Ltd. will step up overseas expansion, boosting stakes in renewable energy, liquefied natural gas (LNG) development and infrastructure projects, to triple its overseas profit by 2030, its president said.