PXP ENERGY Corp. reported a net loss of P31.4 million in nine months to September this year, 37% bigger than year-ago’s P23 million consolidated losses attributable to equity holders of the parent firm as revenues lagged behind the cost and expenses during the period.

AIRASIA Group Bhd is aiming to become a “travel technology company,” as the low-cost carrier announced it is working with Google Cloud to incorporate machine learning and artificial intelligence in its business.

Here’s a quick glance at how PSEi stocks fared on Wednesday, October 24, 2018.

Uy firm gets original proponent status for Davao airport project

THE consortium led by IRC Properties, Inc. can now proceed with its $3.7-billion Makati Subway System project, after securing the nod of the Makati City government.

MEGAWORLD Corporation said it expects to generate P1.5 billion in sales from its fourth residential project in The Mactan Newtown in Lapu-Lapu City, Cebu.

A UNIT of French oil company Total S.A. has secured contracts to install solar energy systems on the rooftop of four Gaisano malls in Luzon and the Visayas with a total capacity of 1.66 megawatts (MW).

MELCO Resorts and Entertainment (Philippines) Corp. (MRP) will proceed with its tender offer at the end of October, but will keep its offer price at P7.25 apiece.

THE country’s bourse operator and corporate regulator are placing the spotlight on sustainability reporting for listed firms, recognizing the need to disclose non-financial information to better aid the public in making investment decisions.

SALES of imported vehicles in the third quarter dropped by nearly a fifth from a year ago, weighed by soaring fuel prices, high inflation and interest rate hikes, according to the Association of Vehicle Importers and Distributors, Inc. (AVID).

THE local unit of the Paris-based Mazars Group expects a triple-digit annual growth until 2020, as global businesses are keen on expanding their presence in Asia Pacific.

Here’s a quick glance at how PSEi stocks fared on Tuesday, October 23, 2018.