NPC summons Grab PHL over Uber deal

By Patrizia Paola C. Marcelo, Reporter THE National Privacy Commission (NPC) has summoned ride-sharing company Grab Philippines (MyTAXI.PH, Inc.) to a meeting next week regarding its...

Solar energy solutions eyed for small buildings

By Victor V. Saulon, Sub-Editor A NONPROFIT organization has teamed up with a Dutch solar company and a German development institution to promote access to...

How Singapore-based Grab vanquished Uber in SE Asia

AS UBER TECHNOLOGIES, Inc. looked to conquer ride-sharing around the world, Grab was focused on serving the 620 million people that share its home...

Basic Energy raises investment in 2 Thai firms

BASIC ENERGY Corp. on Tuesday said its board of directors gave the go-signal to increase the company’s equity investment in two Thai companies to...

Pure Foods’ name change gets SEC green light

SAN MIGUEL Pure Foods Company, Inc. (SMPFC) said it has secured the Securities and Exchange Commission (SEC)’s approval to amend its name and primary...

PayPal bullish on Philippines as freelancer market continues to grow

PAYPAL Holdings, Inc. is upbeat on the growth of its Philippine market given the optimism of Filipino freelancers in growing their business. In a press...

How PSEi member stocks performed — March 27, 2018

Here's a quick glance at how PSEi stocks fared on Tuesday, March 27, 2018.

Megaworld sets aside P60 billion for 2018 capex

MEGAWORLD Corp. is keeping its capital expenditures steady for 2018, after it booked a double-digit growth last year fueled by the strong sales from...

Cebu Air profit declines 19% on higher fuel prices

CEBU AIR, Inc. saw its net income fall 19% to P7.91 billion in 2017, as expenses rose on higher fuel prices and the peso’s...

8990 completes its 1st high-rise development in Metro Manila

MASS HOUSING developer 8990 Holdings, Inc. said it has completed its first high-rise development in Metro Manila. In a disclosure to the stock exchange on...

LRWC defends Boracay project

LEISURE AND RESORTS World Corp. (LRWC) on Monday defended its $550-million Boracay resort project, saying it is not a mega casino. In a statement, LRWC said...

Phoenix Petroleum names new chief finance officer

PHOENIX PETROLEUM Philippines, Inc. has announced appointments to key finance positions, days after it disclosed amendments to its incorporation papers to include provisions that...