BPI Securities Corp. projects the local bourse to reach the 8,300 level by the end of 2019, driven by a rebound from the consumer sector on expectations of slower inflation next year.

THE House of Representatives on Tuesday approved on third and final reading the renewal of the legislative franchise of ABC Development Corp., currently known as TV5 Network, Inc.

PHILIPPINE Telegraph and Telephone Corp. (PT&T) is poised to foray into digital payments with its new deal with Paynamics Technologies, Inc.

STATE-LED Power Sector Assets and Liabilities Management Corp. (PSALM) has received four proposals for the 650-megawatt (MW) Malaya thermal power plant in Rizal that serves as the government’s back up facility to ensure power supply stability.

MELCO RESORTS and Entertainment (Philippines) Corp. (MRP) expects its public float to fall below the required percentage after the completion of its majority shareholder’s tender offer, making it eligible to be removed from the local bourse.

MICROSOFT Philippines is offering its technological expertise and cloud solutions to the Asian Institute of Management (AIM) — Dado Banatao Incubator, the school’s program that helps start-ups scale their businesses.

Here’s a quick glance at how PSEi stocks fared on Wednesday, December 5, 2018.

MASS HOUSING developer 8990 Holdings, Inc. will be spending about P10 billion in capital expenditures next year as it builds up its hospitality portfolio.

COLOSSAL Petroleum Corp. appears to have abandoned its bid to explore oil and gas resources in two areas in Palawan, according to an official of the Department of Energy (DoE).

THE two major broadcast networks ABS-CBN Corp. and GMA Network, Inc. kept its neck-and-neck battle for audience share as both claimed ratings lead in the month of November, citing different reports from third-party data providers.

DMCI Project Developers, Inc. has completed the construction of its Mirea Residences project in Pasig City eight months ahead of schedule, allowing unit owners to move in earlier than expected.

ENERGY Secretary Alfonso G. Cusi has advised PXP Energy Corp. to apply for an exploration and drilling program for its stalled project within the area in the West Philippine Sea or the South China Sea, a move that would prompt the agency’s next step in the disputed seas.