Globe secures P1.5 billion from tower sales
GLOBE Telecom, Inc. on Monday said it has completed the sale of its 100 towers to Phil-Tower Consortium, Inc. (PhilTower) for P1.5 billion.
Overall, Globe...
Premium Leisure Corp. plans voluntary delisting by July 9
LISTED Premium Leisure Corp. (PLC) said it intends to voluntarily delist from the Philippine Stock Exchange (PSE) by July 9, following the tender offer...
PetroGreen subsidiary inks 10-year supply deal with SNAP
SAN JOSE Green Energy Corp. (SJGEC), a subsidiary of PetroGreen Energy Corp. (PGEC), has signed a supply contract with SN Aboitiz Power Group (SNAP).
SJGEC...
How PSEi member stocks performed — May 13, 2024
Here’s a quick glance at how PSEi stocks fared on Monday, May 13, 2024.
Possible SCTEx stake seen to strengthen MPTC’s planned IPO
THE offer from the Pangilinan-led Metro Pacific Tollways Corp. (MPTC) to acquire the government’s stake in the Subic-Clark-Tarlac Expressway (SCTEx) may help attract more...
Cebu Landmasters eyes Cavite for expansion
LISTED property developer Cebu Landmasters, Inc. (CLI) is considering a development venture in Cavite as it prepares for its entry into the Luzon market,...
DMCI Homes expects P13-B revenue from Sonora Garden Residences
DMCI Homes said its three-tower project Sonora Garden Residences in Las Piñas City is expected to generate around P13 billion in revenue.
Sonora Garden...
Federal Land targets 2030 turnover for The Observatory’s Sora Tower
FEDERAL LAND NRE Global, Inc. (FNG) said Sora Tower, the first residential tower of The Observatory township in Mandaluyong, is expected to be turned...
ERA Philippines bullish on real estate market
ERA Philippines said it expects a “boom” in the real estate sector this year due to the growing demand from overseas workers.
“ so many...
Robinsons Retail eyes larger market share for drugstore business
GOKONGWEI-LED Robinsons Retail Holdings, Inc. (RRHI) said it aims to expand its presence in the drugstore segment.
“We believe there is an opportunity to increase...
MREIT set to expand property portfolio by 48%
THE real estate investment trust (REIT) of Tan-led Megaworld Corp. will increase its property portfolio by 48% to 482,000 square meters (sq.m.) following the...
SM targets to open 100th mall as early as 2026
SM Prime Holdings, Inc. said it targets to operate 100 malls as early as 2026.
“Right now, we have 85 malls; we are opening four...