AirAsia PHL to get 20 new aircraft in 5 years
LOW-COST carrier AirAsia is accelerating its fleet expansion with a planned purchase of 150 additional aircraft, with up to 20 expected to be delivered...
Xurpas in talks to sell stake in Indonesian firm
LISTED technology firm Xurpas, Inc. is exploring the potential sale of its stake in Indonesian company PT Sembilan Digital Investama (SDI) as part of...
FDC gets SEC nod for P8-B preferred share sale
GOTIANUN-LED Filinvest Development Corp. (FDC) has secured approval from the Securities and Exchange Commission (SEC) for its planned P8-billion preferred share offering.
On July 8,...
Seafront divests HEDC stake, targets energy
LISTED holding company Seafront Resources Corp. (SPM) has divested its stake in Hermosa Ecozone Development Corp. (HEDC) under a P325-million deal, as it looks...
Global fintech Revolut expands footprint with PHL tech hub
REVOLUT, a global financial technology (fintech) company, is launching a technology hub in the Philippines to tap into the country’s skilled workforce and support...
URC names new CMO amid regional brand growth push
GOKONGWEI-LED Universal Robina Corp. (URC) is aiming to expand its brands across the region after appointing veteran marketer Karen Ong as its new chief...
NAVER Cloud’s former CEO joins Converge board
CONVERGE ICT Solutions, Inc. said Park Weongi, former chief executive officer (CEO) of NAVER Cloud, has joined its board of directors.
In a media release...
How PSEi member stocks performed — July 9, 2025
Here’s a quick glance at how PSEi stocks fared on Wednesday, July 9, 2025.
MGen nears 800 MW in P200-B solar rollout
MERALCO POWERGEN CORP. (MGen), through its affiliate Terra Solar Philippines, Inc. (TSPI), said it is on track to complete the first phase of the...
Topline buys P180M worth of stations, depot
By Sheldeen Joy Talavera, Reporter
CEBU-BASED fuel retailer Top Line Business Development Corp. (Topline) is acquiring P180 million worth of assets as part of its...
DMPI reports gains in key markets
DEL MONTE Philippines, Inc. (DMPI), a subsidiary of Philippine- and Singapore-listed food and beverage producer Del Monte Pacific Ltd. (DMPL), saw its earnings climb...
Meralco says power rates may rise in July
THE OVERALL electricity rate may increase in July due to anticipated increases in generation and transmission charges, Manila Electric Co. (Meralco) said on Tuesday.
“While...
