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.
Hong Kong Airlines given just one week to save its license — regulator
HONG KONG Airlines Ltd., the city’s only other competitor to Cathay Pacific Airways Ltd., is fighting for survival just as the busy Christmas season approaches.
How PSEi member stocks performed — December 2, 2019
Here’s a quick glance at how PSEi stocks fared on Monday, December 2, 2019.
PLDT eyes bigger capital expenditure for 2020
PLDT, Inc. said it will increase its capital expenditure (capex) for 2020 as it continues expanding its network infrastructure, particularly the fifth-generation (5G) network that will be launched “early next year.”
ACE Legazpi gets SEC go-signal for P1-B IPO
ANOTHER member of the Allied Care Experts (ACE) Medical Group has gained the approval of the Securities and Exchange Commission (SEC) to conduct a P1-billion initial public offering (IPO).
MacroAsia prepares Sangley Airport bid
MACROASIA Corp. is currently preparing its bid for the Sangley Point International Airport project in Cavite.