Green Heat plans P2-billion rooftop solar rollout

GREEN HEAT Corp. is allocating P2 billion for rooftop solar projects over the next 18 months to meet growing demand, a company official said. “We’ve...

AllHome, AllDay Marts appoint new acting presidents

VILLAR-LED companies AllHome Corp. and AllDay Marts, Inc. have elected new acting presidents. AllHome elected Frances Rosalie T. Coloma as the new acting president effective...

CTA partially grants Royal Caribbean’s refund claim

THE COURT of Tax Appeals (CTA) partially granted Royal Caribbean Cruises Ltd.’s petition for review, ordering the Bureau of Internal Revenue (BIR) to issue...

Manila Water subsidiary completes sale of Bulacan utilities

MANILA WATER Co., Inc.’s subsidiary Filipinas Water Holdings Corp.  has completed the P1.02-billion divestment of Bulakan Water Co., Inc. and Obando Water Co., Inc.,...

How PSEi member stocks performed — October 22, 2024

Here’s a quick glance at how PSEi stocks fared on Tuesday, October 22, 2024.

PHINMA group to build P12-B township in Bacolod

THE PROPERTY UNIT of PHINMA Corp. launched a P12-billion mixed-use township in Bacolod City on Oct. 19, expanding its portfolio and nationwide presence. PHINMA Property...

How MGen’s RE focus could lead to MGreen IPO

MERALCO PowerGen Corp. (MGen) President and Chief Executive Officer (CEO) Emmanuel V. Rubio is bullish on the company’s future, banking on its renewable energy (RE) projects to establish MGen as a powerhouse in the Philippines.

ABS-CBN’s financial recovery unlikely this year — analysts

ABS-CBN Corp. may not achieve financial recovery this year due to declining advertising revenues and low investor confidence, according to analysts. “Given the drop in...

Arthaland P3-B follow-on offering gets PSE approval

THE PHILIPPINE STOCK Exchange (PSE) has approved the P3-billion planned follow-on offering (FOO) of listed property developer Arthaland Corp. to repay loans and fund...

Cebu Pacific to add 3 routes from Iloilo in Dec.

CEBU PACIFIC is further boosting its Iloilo hub with the launch of three domestic routes in December, the budget carrier said on Monday. In a...

No change in airline fuel surcharge for Nov.

THE CIVIL Aeronautics Board (CAB) is keeping the passenger fuel surcharge unchanged for November. In an advisory on Monday, CAB retained the passenger surcharge at...

New e-commerce platform partners with J&T Express ahead of Nov. launch

FILIPINO e-commerce platform Shoppedia has partnered with J&T Express as its exclusive delivery courier. Set to launch on Nov. 8, Shoppedia aims to reach 300,000...