Nokia in discussions to provide 5G technology to 2-3 firms in Philippines
NOKIA on Tuesday said it is currently in talks with “two to three” firms in the country to provide fifth-generation (5G) technology solutions for their operations.
AC Energy inks deal to acquire solar farm operator
AC Energy Philippines, Inc. has signed a share purchase agreement with Macquarie Infrastructure Holdings (Philippines) Pte. Ltd., Langoer Investments Holding B.V., and the Government Service Insurance System for the acquisition of their ownership interest in Negros Island Solar Power Inc. (Islasol).
ABS-CBN tops nationwide ratings; GMA Network leads in Urban Luzon
ABS-CBN Corp. said it continued to lead in national television ratings in November, while GMA Network, Inc. said it beat its rival in Urban Luzon and Mega Manila, citing different ratings providers.
How PSEi member stocks performed — December 3, 2019
Here’s a quick glance at how PSEi stocks fared on Tuesday, December 3, 2019.
Construction of Makati subway to start this year
THE builder of the Makati City Subway Project is hopeful of completing the intracity railway a year ahead of schedule after obtaining an environmental clearance from the Department of Environmental and Natural Resources (DENR).
ALI unit ends JV with Gatchalian firms for Plastic City project
AVIDA LAND Corp. is cancelling its joint venture with Gatchalian-led Philippines Estates Corp. (PHES) and the subsidiaries of Wellex Industries, Inc. (WIN) for a proposed project in Valenzuela City’s Plastic City.
Mining firms urged to collaborate with DOST on research and development
MINING companies are encouraged to work with the Department of Science and Technology (DOST) to come up with new innovations to help the local mining industry grow and be more competitive.
Eton names new COO
ETON Properties Philippines Chairman Lucio C. Tan has appointed his daughter Karlu Tan Say as the company’s new chief operating officer.
Myanmar tycoon open to foreign investment in wake of Ayala deal
MYANMAR tycoon Win Aung is open to foreign investment in the listed industrial-estate provider he oversees, following Ayala Corp.’s tie up with a firm traded on the nation’s fledgling stock exchange.
Australian company introduces workforce optimization programs in Philippines
AUSTRALIAN workforce management company Call Design is launching the first workforce optimization and management service programs in the Philippines to help contact centers manage staff efficiency and costs.
PHL’s first Panda Express to open on Dec. 12
JOLLIBEE Foods Corp. (JFC) is opening the Philippines’ first Panda Express store on Dec. 12 at SM Megamall in Mandaluyong City.
Phoenix issues P3 billion in CPs at a discount
PHOENIX Petroleum Philippines, Inc. is issuing P3 billion in commercial papers (CP) at a discount to face value of 4.6657% per annum.