Maynilad allots P2.2B for pipe replacement
MAYNILAD Water Services, Inc. is investing P2.2 billion to replace 312 kilometers of old pipes in its concession area in the west zone of the greater Metro Manila area.
How PSEi member stocks performed — July 23, 2019
Here’s a quick glance at how PSEi stocks fared on Tuesday, July 23, 2019.
Ayala acquires property firm based in Pampanga for P2.4B
AYALALAND Logistics Holdings Corp. (ALLHC) continues its expansion with the acquisition of a real estate firm based in Pampanga for P2.39 billion.
Zalora PHL targeting 50% annual sales growth
ONLINE fashion retailer Zalora Philippines (ZPH) is projecting a 50% annual growth in sales for the next five years as it sees more Filipinos shifting to online shopping.
ICTSI inks P10-B deal for Brazil’s Libra Rio
INTERNATIONAL Container Terminal Services, Inc. (ICTSI) has completed a P10-billion deal to acquire a Brazil-based firm, which holds the concession to operate a container terminal in the Port of Rio de Janeiro.
Uniqlo maker sorry for remarks on Korea boycott
JAPAN’S largest clothing maker Fast Retailing Co. issued an apology on its Korean website for remarks that angered Korean customers amid the trade spat between Japan and South Korea.
Makati council clears subway deal with Philippine Infradev
PHILIPPINE Infradev Holdings, Inc. expects to sign the joint venture agreement (JVA) with the Makati City government for the subway project on July 29.
AGP secures $100-M investment from 2 Japan firms
AGP International Holdings Pte. Ltd. (AG&P) said on Monday that it had received an equity investment of approximately $100 million from two Japanese institutions to back the company’s inroads in the global natural gas value chain.
PHL customer orders Airbus ACH160 helicopter
EUROPEAN aircraft manufacturer Airbus said it has recently secured the first order for an ACH160 private helicopter from the Philippines.
Vista Land raises P14.5 billion from corporate notes
VISTA LAND & Lifescapes, Inc. (VLL) has raised P14.5 billion through a corporate notes facility to finance the expansion of its commercial projects.
Japan’s Asahi Group suffers $2-billion hangover on overseas beer expansion
ASAHI Group Holdings Ltd. is already getting a headache from its $11-billion Australian foray.
How PSEi member stocks performed — July 22, 2019
Here’s a quick glance at how PSEi stocks fared on Monday, July 22, 2019.