UPS Healthcare launches specialized shipping in PHL

US-BASED UPS Healthcare launched a highly specialized shipping service for patient-critical, time- and temperature-sensitive shipments in the Philippines. According to the firm, the shipping service’s...

Globe says P16.5B released for capex, loan repayments

GLOBE TELECOM, INC. on Tuesday said it has used P16.46 billion for capital expenditures (capex) and loan repayments from the net proceeds of the...

DHL Express opens larger service center in Pasig City

LOGISTICS firm DHL Express has opened a larger facility in Pasig City in a bid to address customer demand and improve its operations in...

How PSEi member stocks performed — January 17, 2023

Here’s a quick glance at how PSEi stocks fared on Tuesday, January 17, 2023.

Nickel Asia board OK’s nearly P3B more for RE unit

LISTED mining firm Nickel Asia Corp. announced on Monday that its board of directors approved the additional investment of P2.92 billion in its subsidiary,...

Sateco AG aims to expand investments in PHL, says BoI

GLOBAL silicone products maker Sateco AG is targeting to expand its investments in the Philippines, the Board of Investments (BoI), after its local unit...

Shakey’s says Peri-Peri to open in other cities

PERI-PERI Charcoal Chicken and Sauce Bar Is scaling up its expansion in 2023 after opening new stores in central and north Luzon last year,...

Chemical Industries sells Makati property for more than P1 billion

CHEMICAL Industries of the Philippines, Inc. said it has completed the final transaction for the sale of its Makati property for P1.13 billion. “A final...

Petron to buy $22.47M of its debt securities

PETRON Corp. is buying $22.47 million of its outstanding senior perpetual capital securities listed in Singapore after its offer to holders of its debt...

AirAsia PHL reopens Kaohsiung route; EVA Air to launch Taipei-Clark flights

LOW-COST carrier AirAsia Philippines announced on Monday that it recently resumed its service to Kaohsiung, Taiwan just in time for the Lunar New Year...

CTA affirms ruling on Carmen Copper’s refund claim

THE Court of Tax Appeals (CTA) has affirmed its ruling partially granting Carmen Copper Corp.’s efund claim representing its importations traced to zero-rated sales worth...

Locad raises $11M to boost supply chain platform

LOGISTICS startup Locad has raised $11 million during a funding round as part of efforts to boost its supply chain platform in the Philippines...