DoLE insists PLDT should regularize workers without conditions
THE Department of Labor and Employment (DoLE) on Wednesday reiterated that telecommunications giant PLDT, Inc. should regularize the contractual workers of its service providers.
The Medical City’s Bengzon refutes rival’s allegations
THE PRESIDENT of The Medical City (TMC) said pushing through with the company’s annual shareholders’ meeting would only undermine the interest of minority stockholders, as the Securities and Exchange Commission (SEC) has yet to determine whether previous share purchases orchestrated by one of its top officials were legal.
How PSEi member stocks performed — July 11, 2018
Here’s a quick glance at how PSEi stocks fared on Wednesday, July 11, 2018.
SMC proposes to build Caticlan-Boracay bridge
DIVERSIFIED conglomerate San Miguel Corp. (SMC) will be submitting today an unsolicited proposal to the government for a P3-billion bridge connecting Caticlan to Boracay island.
Megaworld acquires South Luzon-based company
MEGAWORLD Corp. is ramping up its land bank in Cavite and Laguna with the acquisition of a South Luzon-based real estate firm through one of its subsidiaries.
Grab slapped with P10-M fine for overcharging passengers
THE LAND Transportation Franchising and Regulatory Board (LTFRB) has imposed a P10-million fine on Grab Philippines (MyTaxi.PH) for allegedly overcharging passengers over a ten-month period.
Revolution Precrafted to supply units to El Salvador property firm
REVOLUTION Precrafted Philippines, Ltd. is expanding into El Salvador in Central America, marking its 15th international market so far.
Grab to launch grocery delivery service in race for growth
SINGAPORE — Grab plans to launch a grocery delivery service, and is betting on its network of 7.1 million drivers, agents and merchants to steer its expansion beyond its core ride-hailing business across Southeast Asia, its chief executive officer (CEO) told Reuters.
Sarmiento wants The Medical City ASM to push through
THE incumbent chairman of The Medical City (TMC) called on the Securities and Exchange Commission (SEC) and the company’s board of directors to take “swift action” to ensure the company push through with its annual stockholders’ meeting (ASM).
DPWH says finalizing approval of CTBEx
THE Department of Public Works and Highways (DPWH) is looking to grant “very soon” the original proponent status (OPS) to the Metro Pacific group for its proposal to build a Cavite-Tagaytay-Batangas Expressway (CTBEx).
NEA, DICT work to expand broadband access to rural areas
THE National Electrification Administration (NEA) and the Department of Information and Communications Technology (DICT) have started exploring arrangements to bring broadband connectivity into the countryside by tapping the existing infrastructure of the electric cooperatives.
How PSEi member stocks performed — July 10, 2018
Here’s a quick glance at how PSEi stocks fared on Tuesday, July 10, 2018.