AlloyMTD allots P13 billion for national gov’t center in Clark
By Janina C. Lim, Reporter
KUALA LUMPUR — Construction firm AlloyMTD Group is planning to allot around P13 billion for the first phase of the...
Rental revenues push FLI profit 9% higher in 2017
FILINVEST Land, Inc. (FLI) grew its earnings by 9% in 2017, fueled by the expansion of its rental business alongside demand for both retail...
Pagbilao town officials withdraw halt order vs AboitizPower unit
THE municipality of Pagbilao in Quezon province revoked the cease and desist order (CDO) it issued against Pagbilao Energy Corp. (PEC), resulting in the...
CLC creates preferred shares to raise funds
CHELSEA Logistics Holdings Corp. (CLC) plans to convert some of its common shares into preferred shares in order to support its capital spending for...
NAIA consortium willing to shorten concession period
A CONSORTIUM composed of the country’s biggest conglomerates is willing to reduce its proposed concession period for the rehabilitation of the Ninoy Aquino International...
Tencent net profit beats estimates as WeChat games drive strong growth
TENCENT HOLDINGS Ltd. posted quarterly profit that beat estimates, bolstered by mobile game blockbusters like Honour of Kings and a growing ad business.
Net income...
PCC clears RLC-Shang joint venture
THE Philippine Competition Commission (PCC) has approved the joint venture of Robinsons Land Corp. (RLC) and Shang Properties, Inc. to develop a luxury residential...
How PSEi member stocks performed — March 21, 2018
Here's a quick glance at how PSEi stocks fared on Wednesday, March 21, 2018.
Another casino set to open in Boracay
By Krista A.M. Montealegre,
National Correspondent
APART from Macau casino operator Galaxy Entertainment Group Ltd.’s planned integrated resort complex, a new casino will rise on Boracay...
CLI sets nearly P9-billion capex for 2018
By Arra B. Francia, Reporter
CEBU LANDMASTERS, Inc. (CLI) is accelerating spending this year to P8.8 billion, after posting double-digit growth that allowed the company...
National Book Store group ventures into education as it opens QC college
By Anna Gabriela A. Mogato,
Reporter
THE National Book Store Group is venturing into the education sector, as it officially launched its college in Quezon City...
Ayala Corp. drops after Mitsubishi sells shares
SHARES in Ayala Corp. fell sharply on Tuesday after a key shareholder sold a block of shares at a steep discount to the prevailing...