Sta. Lucia signs P5-B corporate notes facility
STA. LUCIA LAND, Inc. (SLI) on Tuesday said it has signed a P5-billion notes facility with several banks, as it seeks to pay existing...
How PSEi member stocks performed — March 20, 2018
Here's a quick glance at how PSEi stocks fared on Tuesday, March 20, 2018.
SMC planning to further trim foreign obligations
By Krista A. M. Montealegre,
National Correspondent
SAN MIGUEL Corp. (SMC) plans to further trim down its dollar-denominated debt, as the peso weakens and interest rates...
Megaworld set to turn over P30-B projects in Fort Bonifacio
MEGAWORLD Corp. will be turning over P30 billion worth of projects located across three of its townships in Fort Bonifacio, Taguig City this year.
The...
Pilipinas Shell profit soars 39% in 2017
PILIPINAS SHELL Petroleum Corp. said its net income rose 39% in 2017, it told the stock exchange on Monday, citing strong growth in...
Global Ferronickel inks new Chinese supply deal
A UNIT of Global Ferronickel Holdings, Inc. has renewed its supply contract with Guangdong Century Tsingshan Nickel Industry Co., Ltd.
In a disclosure to the...
SMPFC defers follow-on offering to 2nd half
SAN MIGUEL Pure Foods Company, Inc. (SMPFC) is pushing back a planned follow-on offering (FOO) to the second half of the year.
The enlarged SMPFC’s...
Araneta on track to complete P3-B Cubao office tower by October
By Arra B. Francia, Reporter
ARANETA CENTER, Inc. (ACI) expects to complete by October its new P3-billion Cubao office tower, which it hopes will attract...
Alibaba to invest extra $2B in Lazada in aggressive Southeast Asian expansion
BEIJING/SINGAPORE — Alibaba Group Holding Ltd said it will invest an extra $2 billion in Southeast Asian e-commerce firm Lazada Group and tapped a...
PAL signs deal with Amadeus for IT system
PHILIPPINE Airlines (PAL) has signed an agreement with Amadeus to upgrade the flag carrier’s core technology systems amid efforts to become a five-star airline...
AF Payments partners with digital wallet app
AF PAYMENTS, Inc. has partnered with Coins.ph to allow the reloading of “beep” cards using the application.
The contactless payment provider partnered with digital wallet...
DMCI Power allocates P160M for generators
CONSUNJI-LED DMCI Power Corp. has set aside around P160 million to acquire seven new diesel generating sets for its Masbate and Palawan operations, its...