P&G to manufacture face masks
The Philippine unit of Procter & Gamble (P&G) on Tuesday announced it will be producing face masks in its Cabuyao, Laguna manufacturing plant to...
Shari’ah-compliant firms increase
The number of listed securities at the local bourse that are compliant with Islamic principles of finance grew to 52 in the period ending...
NEA backs appeal to ‘indefinitely’ extend power coops’ payments
By Adam J. Ang
The National Electrification Administration (NEA) supported the appeal of rural electric cooperatives (ECs) to "indefinitely" extend the deadline of their payments to generation and...
How PSEi member stocks performed — April 7, 2020
Here’s a quick glance at how PSEi stocks fared on Thursday, April 7, 2020.
Voyager stakeholders commit $120M in fresh capital
Current stakeholders of technology company Voyager Innovations, Inc. (Voyager) have committed up to $120 million in fresh capital to fuel its expansion through its financial technology arm PayMaya Philippines, Inc.
Holcim expects to miss sales target after plant closure
Holcim Philippines, Inc. (Holcim) is expecting to miss its production and sales targets this year with the closing of its factory in Davao for two weeks.
San Miguel says donations reach P878M into third week of quarantine
Donations from San Miguel Corp. (SMC) have reached P877.8 million on the third week of the government-imposed enhanced community quarantine period to contain the spread of the coronavirus disease 2019 (COVID-19).
AEV signs P10-billion loan with Metrobank
Aboitiz Equity Ventures, Inc. (AEV) has signed a P10-billion loan with Metropolitan Bank & Trust Corp. (Metrobank) to pay maturing bonds and support capital expenditures.
Shakey’s income up 10% as sales grow across stores
Earnings of Shakey’s Pizza Asia Ventures, Inc. (SPAVI) grew 10% in 2019 on the back of an 11% growth in sales across its network.
PAL sets flights to London for British travelers
Philippine Airlines (PAL) will be mounting two special flights from Manila to London's Heathrow airport on Tuesday, April 7, the flag carrier said.
Nickel Asia mining units to resume operations
The two subsidiaries of mining company Nickel Asia Corp. (NAC) will resume their mining operations after the local government lifted the temporary suspension, amid...
Vivant appoints new chairman, CEO
Vivant Corp. (Vivant) has named Ramontito E. Garcia as the listed energy holding firm's new chairman and chief executive officer.