Filinvest unit expects to triple revenues by 2020
CYBERZONE Properties, Inc. (CPI), a unit of Filinvest Land, Inc., is building more office projects as business process outsourcing (BPO) firms pursue their expansion...
PSE secures majority ownership in PDS
By Arra B. Francia
THE Philippine Stock Exchange, Inc. (PSE) on Thursday inked a deal to purchase Whistler Technologies Services, Inc.’s 8% stake in PDS...
DoubleDragon prices retail bond offer
DOUBLEDRAGON Properties Corp. on Thursday said it has finalized the interest rate for its latest sale of peso-denominated debt, which has seen strong demand....
Resorts World Manila aims to win back trust, expand after fatal fire
RESORTS WORLD Manila, the Philippine casino where 38 people died after an arson attack last month, aims to complete a new gaming zone this...
Ayala unit completes acquisition of German auto parts supplier
A UNIT of Ayala Corp. (AC) has completed the acquisition of a 94.9% stake in a German automotive parts supplier for €26.8 million.
In a...
Phoenix buys 2 firms for P6.26 billion
PHOENIX Petroleum Philippines, Inc. on Thursday said it secured board approval for the plan to buy liquefied petroleum gas (LPG) seller Petronas Energy Philippines,...
MRC Allied teams up with MEEC for renewable energy projects
MRC ALLIED, Inc. is partnering with Merge Energy and Environment Corporation (MEEC) to undertake renewable energy (RE) projects.
The property developer, which has diversified into...
How PSEi member stocks performed — July 6, 2017
Here’s a quick glance at how PSEi stocks fared on Thursday, July 6, 2017.
Lufthansa considers resuming flights to Manila
GERMAN flag carrier Lufthansa has sounded interest to fly again to Manila, citing the country’s “very” developed market and good economy.
“I can only say...
Why Philippine market matters most in ASEAN
By Arnold S. Tenorio, Research Head
FORGET mega-cities, or countries for that matter, if companies want to take part in ASEAN’s consumer growth story.
This is...
Citicore Power secures service contracts for 5 hydro projects
RENEWABLE ENERGY company Citicore Power, Inc. (CPI) on Wednesday said it entered into service contracts for five hydro power projects in Luzon.
In a statement,...
How PSEi member stocks performed — July 5, 2017
Here’s a quick glance at how PSEi stocks fared on Wednesday, July 5, 2017.