Maynilad completes P347-M replacement of old pipelines in Quezon City
Maynilad Water Services, Inc. has completed the replacement of 116 kilometers of old pipelines in different areas of Quezon City through investments that reached...
Cryptocurrency rally builds steam as Bitcoin surpasses $7,500
Cryptocurrencies extended their rebound on Wednesday, July 18, as Bitcoin traded above $7,500 for the first time in a month, shrugging off security and...
PFA targets to double Filipino brands overseas in next two years
The Philippine Franchise Association (PFA) looks to double the number of Filipino brands overseas in the next two years, initially focusing on countries with...
Shake Shack’s plan to open in Philippines sends SSI stock soaring
Shake Shack Inc. is stirring up shares of SSI Group Inc. after the burger chain founded in New York selected the upscale Philippine retailer...
STI Holdings’ attributable profit drops 10%
STI Education Systems Holdings, Inc. (STI Holdings) saw its attributable profit drop by 10% in its fiscal year ending March 2018, weighed down by...
Shakey’s opens first store in Dubai
Shakey’s Pizza Asia Ventures, Inc. (SPAVI) is stamping its presence in the Middle East with the opening of its first store in Dubai, banking...
Xurpas CEO steps down to focus on firm’s blockchain projects
Xurpas Inc. Chairman Nico Jose S. Nolledo will be stepping down as the technology firm’s chief executive officer to lead one of the company’s...
PSBank secures BSP approval for P15-billion LTNCD issuance
Philippine Savings Bank (PSBank) has received the central bank's approval to raise funds through long-term negotiable certificates of deposit (LTNCD) to expand its consumer...
Government rejects all tenders for reissued seven-year bonds
The government decided to reject all bids on the reissued seven-year Treasury bonds (T-bonds) it offered on Tuesday, July 17, as investors demanded higher...
Oil firms to raise gasoline prices tomorrow
For the third straight week this month, oil companies will be raising the price of gasoline but at a lower rate of increase compared...
Vitarich bags SEC approval for equity restructuring
The Securities and Exchange Commission (SEC) has approved the equity restructuring of Vitarich Corp that will allow the firm to wipe out its deficit...
SPC turns over Naga power plant complex to PSALM
SPC Power Corp. has turned over the 153.1-megawatt (MW) gas turbine power plant in Naga, Cebu to the Power Sector Assets Liabilities Management, Inc....