SM, Converge, D&L recognized for corporate governance

COMPANIES listed on the stock exchange were recognized for closely observing the standards of corporate governance based on the recent ASEAN Corporate Governance Scorecard...

How PSEi member stocks performed — February 8, 2023

Here’s a quick glance at how PSEi stocks fared on Wednesday, February 8, 2023.

Philippine poultry firm Bounty considers $500 million IPO in Manila

Bounty Agro Ventures Inc., a Philippine poultry firm, is exploring an initial public offering in Manila that could raise $400 million to $500 million,...

Metro Pacific unit taking 35% stake in Axelum for P5 billion

THE agriculture arm of Metro Pacific Investments Corp. (MPIC) is buying a 34.76% stake in coconut products maker Axelum Resources Corp. for P5.32 billion as the investment company boosts its presence in agribusiness.

Globe net earnings hit P3B in fourth quarter

GLOBE Telecom, Inc. reported a core net income of P3.16 billion in the fourth quarter of 2022, bringing its full-year bottom line to P19.17...

Cebu Landmasters reservation sales up 14% to P19B

CEBU Landmasters, Inc. (CLI) posted a 13.6% increase in higher reservation sales last year to P18.8 billion, with mid-market residential projects driving sales, the...

SM Retail taps global firm for order management system

SM RETAIL, Inc. said on Tuesday that it had tapped global software company Fluent Commerce for a distributed order management system. “As one of the...

Prime Infra spends over P134M on sustainability

RAZON-Led Prime Infrastructure Capital, Inc. (Prime Infra) said on Tuesday that it had spent about P134.5 million on various access to clean water and...

Spectrum to power Aficionado, Takoyatea

MSPECTRUM, Inc. (Spectrum) is set to energize perfume label Aficionado and Japanese food house Takoyatea with solar power, the renewable energy company said on...

GMA Network reaches 78-M local viewership, widens reach to 95 stations

GMA Network, Inc. said its combined people net reach reached 96% or 78 million viewers in 2022 based on Nielsen TV Audience Measurement data. The...

Chevron Philippines says 28 new stations opened in 2022

CHEVRON Philippines Inc. further expanded its network by opening 28 more Caltex retail stations in the country in 2022, the company announced on Tuesday. In...

Nespresso taps Mober in decarbonizing on-ground delivery via EVs

PHILIPPINE tech-logistics startup Mober has partnered with Nespresso in the Swiss coffee brand’s sustainability efforts such as switching to a delivery fleet that uses...
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