Luxury car dealership business drives Berjaya PHL’s Q3 profit

BERJAYA Philippines, Inc. booked a single-digit growth in the quarter ending January 2018, as the company recorded higher sales in its luxury automobiles segment. In...

How PSEi member stocks performed — March 14, 2018

Here's a quick glance at how PSEi stocks fared on Wednesday, March 14, 2018.

Petron earnings hit P14B in 2017

PETRON Corp. on Tuesday said its consolidated net income rose 30% to P14.1 billion in 2017, with robust sales volume fueling the growth along...

Aboitiz buys additional UnionBank shares

ABOITIZ EQUITY Ventures, Inc. (AEV) said it has purchased around P270 million worth of shares in its banking unit, Union Bank of the Philippines,...

Bayad Center launches mobile app for convenient bills payment

PAYMENT solutions provider Bayad Center (BC) has launched on Tuesday a mobile app to complement its more than 12,000 payment locations nationwide and extend its...

SteelAsia allots P80B for expansion

STEELASIA Manufacturing Corp. is spending P80 billion through 2023 to hike its production of billets and rebars, and eventually establish the first local plant...

Globe signs loan deal with Mizuho Bank

GLOBE Telecom, Inc. has sealed two loans from Mizuho Bank Ltd. to finance its capital expenditure program this year. In a disclosure to the stock...

How PSEi member stocks performed — March 13, 2018

Here's a quick glance at how PSEi stocks fared on Tuesday, March 13, 2018.

Ayala to spend record P249B for capex in 2018

By Krista A. M. Montealegre, National Correspondent THE AYALA GROUP is ramping up its capital expenditure budget by nearly half this year to support the expansion...

Revolution Precrafted tapped for Dubai project

By Arra B. Francia, Reporter REVOLUTION PRECRAFTED is partnering with a luxury property developer for a $3.2-billion project in Dubai, as the start-up pushes expansion...

First Gen unit inks power supply deal with Meralco

By Victor V. Saulon, Sub-Editor LOPEZ-LED First Gen Corp. said its unit had entered into a power supply contract with distribution utility Manila Electric Co....