IRC Properties, Inc. has secured approval to change its core interests to infrastructure and real estate, alongside changing its corporate name to Philippine Infradev Holdings, Inc.

THE Philippine Competition Commission (PCC) approved Macsteel Global SARL B.V.’s (MacGlobal) acquisition of MSSA Investments’s stake in Macsteel International Holdings B.V., but slapped the companies with a more than P500,000 fine for its failure to notify the competition watchdog within the required period.

CHINESE steel company Panhua Group Co., Ltd. will build a 305-hectare integrated steel manufacturing plant in Misamis Oriental through a three-phase project at an investment of $3.5 billion, the Trade secretary said on Tuesday.

Here’s a quick glance at how PSEi stocks fared on Tuesday, November 20, 2018.

THE education arm of the Yuchengco group will be investing P2.5 billion to develop a new Mapua campus in Makati City.

EARNINGS of Rockwell Land Corp. gained 9% in the third quarter of 2018, as higher income from its leasing segment offset the slight dip in sales of residential units.

THE Department of Transportation (DoTr) said it is expecting total passengers at the Clark International Airport (CIA) to reach 2.5 million next month as the holiday season kicks in.

HOUSING developer 8990 Holdings, Inc. is planning to launch three to four leisure properties every year within the next five years.

PLDT, Inc.’s mobile remittance brand under PayMaya Philippines, Smart Padala, is targeting to launch international remittances by the first quarter of 2019, through a partnership with Western Union.

FILIPINO company Centro Manufacturing Corp. has signed a memorandum of understanding (MoU) with Nippon Fruehauf Japan to form a joint venture company that will build and sell in the Philippines insulated sandwich panels for temperature controlled vans or reefer vans.

CEMEX Holdings Philippines, Inc. (CHP) is facing an environmental class suit in relation to an affiliated firm’s quarry operations in Naga, Cebu, following a landslide that left at least 78 people dead last Sept. 20.

LBC Express Holdings, Inc. said on Monday a board director in one of its subsidiaries was temporarily disqualified by the Bangko Sentral ng Pilipinas (BSP) from becoming a director or official of any financial institution.