SMC extends coastal cleanup to Batangas

SAN MIGUEL Corp. (SMC) said on Tuesday that it had taken its coastal clean-up drive to Calatagan and Balayan in Batangas province, and that it was preparing to start a similar drive in Marilao-Meycauayan-Obando river system in Bulacan.

SEC revokes registration of MassDrop, MDM Ventures

THE Securities and Exchange Commission (SEC) has revoked the registrations and the certificates of incorporation of two more entities “for serious misrepresentation as to what the corporations can do to the great prejudice of or damage to the general public.”

EasyCall agrees to acquire IT firm for P163 million

EASYCALL Communications Philippines, Inc. (ECP) has inked the transaction documents related to the P162.93-million acquisition of information technology (IT) firm Transnational E-Business Solutions, Inc. (TESI) on Jan. 1, 2022.

BoI approves P9-M crabmeat canning factory in Bacolod City

THE Board of Investments (BoI) has approved the application of Carthage Crab Meat Processing (CCMP) for its P9-million crabmeat canning factory in Bacolod City, Negros Occidental.

Shares trading of ACE Enexor suspended on backdoor listing

THE Philippine Stock Exchange (PSE) on Monday suspended the stocks trading of Ayala-led ACE Enexor, Inc. until further disclosure on its assets-for-shares deal with its affiliate AC Energy Corp. (ACEN).

Alert Level 3 to have minor business effect — DTI

THE implementation of Alert Level 3 quarantine restriction will have a small effect on businesses, according to the Department of Trade and Industry (DTI).

PSE named ‘best stock exchange’ in Southeast Asia

THE Philippine Stock Exchange, Inc. (PSE) was named Southeast Asia’s “best stock exchange” following “high-profile landmark issues” in its record-breaking year.

Smart expands GigaLife App, 5G services

SMART Communications, Inc. is looking to further expand its fifth-generation (5G) services and GigaLife App through new products and services.

Maynilad labor union, management sign CBA

MAYNILAD Water Services, Inc. management and its rank-and-file union signed a collective bargaining agreement (CBA) last Nov. 29 for more benefits and subsidies to the workers.

ICTSI unit launches new feeder service

THE business unit of International Container Terminal Services, Inc. (ICTSI) in Argentina has launched a new barge feeder service that creates a new and direct link to Brazil and Asia.

How PSEi member stocks performed — January 3, 2022

Here’s a quick glance at how PSEi stocks fared on Monday, January 3, 2022.

Virus, polls, policies seen to sway market in 2022

THE benchmark Philippine Stock Exchange index (PSEi) will take its cue from the country’s pandemic situation and the upcoming national elections, as well as updates on key monetary policies, analysts said.