Smart leads in 4G availability: OpenSignal

A recent report by OpenSignal, a United Kingdom-based wireless coverage mapping company, showed PLDT wireless subsidiary Smart Communications, Inc. (Smart) now leads in terms of availability of its fourth-generation (4G) network in both rural and urban areas in the Philippines.

Miner sells Subic property

DIZON Copper-Silver Mines, Inc. is selling more than 20,000 square meters (sq.m.) of land in Subic, Zambales.

How PSEi member stocks performed — December 12, 2019

Here’s a quick glance at how PSEi stocks fared on Thursday, December 12, 2019.

Lotte looking to increase stake in Pepsi Philippines

PEPSI-COLA Products Philippines, Inc. (PCPPI)’s biggest shareholder Lotte Chilsung Beverage Co. Ltd. wants to increase its stake in the company, which is seen to possibly lead to an eventual delisting from the local bourse.

Metro Pacific Hospital Holdings buys stake in Mindanao hospital

METRO PACIFIC Hospital Holdings, Inc. (MPHHI) is taking a majority stake in the operator of a 100-bed hospital in Butuan, Mindanao.

CLI to spend P10B for three projects in Davao

DAVAO CITY — Cebu Landmasters, Inc. (CLI) is investing about P10 billion for its three projects in the city next year, its top official said yesterday.

CA orders NTC to recompute fees to be paid by PT&T

PHILIPPINE TELEGRAPH and Telephone Corp. (PT&T) on Wednesday said the Court of Appeals (CA) has ordered the National Telecommunications Commission (NTC) to recompute the amount of supervisory and regulatory fees (SRF) that the company has to pay.

Initial work for Kaliwa dam cleared

CHINA ENERGY Engineering Co. Ltd. has been issued last month a notice to proceed with the preparatory work for the construction of the P12.2-billion Kaliwa dam that is planned to be Metro Manila’s new water source, an official of the Metropolitan Waterworks and Sewerage System (MWSS) said on Wednesday.

PAL’s Board of Directors appoints new vice chair

CARMEN K. TAN, spouse of billionaire Lucio C. Tan, Sr., is the new vice chairperson of the Board of Directors of the Philippine Airlines, Inc. (PAL).

Axelum on track to hit profit goal as end-Sept. total up

AXELUM RESOURCES Corp. said it is on track to hit or even exceed its profit target by the end of 2019 as it posted a 28% growth in net income in the nine-month period ending September.

SEC now accepting applications for revival of expired firms

THE Securities and Exchange Commission (SEC) is now accepting applications for expired corporations that wish to revive their registrations.

How PSEi member stocks performed — December 11, 2019

Here’s a quick glance at how PSEi stocks fared on Wednesday, December 11, 2019.