PXP, PNOC-EC eyeing oil exploration areas
STATE-LED PHILIPPINE National Oil Co.-Exploration Corp. (PNOC-EC) and listed company PXP Energy Corp. are two of eight entities that have identified areas in the contested areas of the West Philippine Sea for possible oil and gas exploration, an Energy official said.
SEC orders Tiger Resort to include Okada case in tender offer report
THE SECURITIES and Exchange Commission (SEC) ordered Tiger Resort Asia Limited (TRAL) to file an amended tender offer report disclosing its pending case with Japanese gaming tycoon Kazuo Okada, in a bid to protect the minority shareholders of Asiabest Group International, Inc. (ABG).
Cebu Pacific adds daily flight from Clark to New Bohol international airport
CEBU PACIFIC is adding a daily flight from its hub at the Clark International Airport in Pampanga to the New Bohol (Panglao) International Airport.
CAB lowers fuel surcharge level
AS THE PRICE of jet fuel drops, the Civil Aeronautics Board (CAB) has brought down the allowable fuel surcharge level for Jan. 1 to Feb. 28, 2019 to Level 3 from the current Level 4.
Antique airport reopens commercial operations
THE CIVIL AVIATION Authority of the Philippines (CAAP) resumed commercial operations at the Antique Airport on Sunday, starting with the inaugural flight from Clark International Airport by Philippine Airlines (PAL).
San Miguel Corp. (SMC)
INVESTORS UNLOADED shares in San Miguel Corp. (SMC) last week after a court ruling ordering the return of assets acquired by several firms through the coconut levy fund, which include shares of the diversified conglomerate.
How PSEi member stocks performed — December 16, 2018
Here’s a quick glance at how PSEi stocks fared on Friday, December 14, 2018.
Philippine Stock Exchange's most active stocks by value turnover -- December...
Jollibee gains full control of Smashburger
JOLLIBEE Foods Corp. (JFC) has taken full control of American burger chain Smashburger, after acquiring the remaining 15% stake in the company’s parent for $10 million.
Chinese firms, Steel Asia to build $4.4-B integrated steel complex
CHINESE firms HBIS Group Co., Ltd. and Huili Investment Fund Management Co., Ltd have partnered with Steel Asia Manufacturing Corp. to develop the $4.4-billion Philippine Iron and Steel Project in Misamis Oriental, which will be China’s largest industrial investment in the country so far.
DoubleDragon creates units to woo international buyers
DoubleDragon Properties Corp. will incorporate international subsidiaries that will handle the pre-selling activities of P12.21 billion worth of hotel units in the country starting next year.
GMA founder Duavit passes away at 84
GILBERTO M. Duavit, Sr., one of the founders of GMA Network, Inc. and former Rizal congressman, has passed away at the age of 84, the broadcast giant said on Friday.
Filinvest-JG Summit’s Clark airport bid to be endorsed to NEDA
THE Department of Transportation (DoTr) said it will endorse the North Luzon Airport Consortium’s (NLAC) bid to take over the operations and management of Clark International Airport to the National Economic and Development Authority (NEDA) next week.




