Dennis A. Uy no longer pursuing backdoor listing of Udenna Corp.
LISTED ISM Communications Corp. is changing its name to Dito CME Holdings Corp. as it seeks to buy Dennis A. Uy’s Udenna Communications Media and Entertainment Holdings Corp.
JG Summit forays into logistics
JG SUMMIT Holdings, Inc. is forming a P60-million logistics business through a joint venture with a unit of global courier firm Deutsche Post DHL Group.
Bono-backed firm partners with PHL Red Cross
THE Philippine Red Cross (PRC) has tapped California-based drone delivery service Zipline to make on-demand and emergency blood deliveries nationwide starting 2020.
UK firm to open PHL gin school
A BRITISH gin company is entering the Philippine market early next year to set up access to Southeast Asia, an official of the British Chamber of Commerce of the Philippines (BCCP) said in a briefing on Tuesday.
Now inks deal with Aboitiz unit for common telco infrastructure
NOW CORP. on Tuesday said it signed a deal with Aboitiz InfraCapital, Inc. (AIC) and Frontier Tower Associates Management Pte (FTA) for the use of common telecommunications infrastructure, such as telco towers.
PECO settles Iloilo City property tax obligations
PANAY ELECTRIC Co., Inc. (PECO) said it had paid nearly P135 million to the Iloilo City government as settlement of its real property tax (RPT) obligations.
PAL to fly direct to Perth in March
PHILIPPINE AIRLINES (PAL) will launch direct flights from Manila to Perth, Australia in March 2020.
How PSEi member stocks performed — December 10, 2019
Here’s a quick glance at how PSEi stocks fared on Tuesday, December 10, 2019.
RLC, DoubleDragon team up for new project in Bridgetowne
ROBINSONS Land Corp. (RLC) and DoubleDragon Properties Corp. (DDPC) are partnering to develop a prime commercial lot adjacent to the former’s Bridgetowne township in Quezon City.
KKR, GIC complete investment in Metro Pacific hospital unit
METRO PACIFIC Investments Corp. (MPIC) has completed the deal for the P35.3-billion investment by United States-based Kohlberg Kravis Roberts & Co. (KKR) and Singapore fund GIC Private Ltd. in its hospital unit.
CLI boosts landbank in key cities
CEBU LANDMASTERS, Inc. (CLI) is boosting its landbank in key cities in Visayas and Mindanao, as it prepares to ramp up expansion in the next few years.
PAL to launch Davao-Manado, Zamboanga-Kota Kinabalu flights
DAVAO CITY — Philippine Airlines (PAL) subsidiary Air Philippines Corp., also known as PAL Express, has agreed to serve the Davao-Manado and Zamboanga-Kota Kinabalu routes starting March 31 next year, Secretary Emmanuel F. Piñol, chair of the Mindanao Development Authority (MinDA), said over the weekend.