ICTSI unit agrees to acquire Marubeni’s stake in Bauan port
LISTED port operator International Container Terminal Services, Inc. (ICTSI) on Tuesday said its subsidiary signed an agreement to buy the ownership interest and subscription...
CTA affirms denial of infrastructure consulting firm’s tax refund claim
THE Court of Tax Appeals (CTA) affirmed its ruling rejecting AECOM Philippines, Inc.’s claim for a refund worth P13.98 million allegedly representing excess credit-withholding...
Potato Corner further expands with stores in London and Dubai
FLAVORED fries brand Potato Corner opened stores in London, Dubai and its 1,400th store, further expanding its global presence to five continents.
“We’re very pleased...
Ayala and subsidiaries receive high ratings from CDP
AYALA CORP. received the highest rating from the United Kingdom-based Carbon Disclosure Project (CDP), which measures a company’s disclosure and environmental performance.
“We’re very happy...
GCash, Chubb launch shopping insurance for online transactions
GCASH and insurance firm Chubb have partnered to offer protection coverage for the online transactions of the e-wallet provider’s clients via “Online Shopping Protect.”
In...
How PSEi member stocks performed — December 27, 2022
Here’s a quick glance at how PSEi stocks fared on Tuesday, December 27, 2022.
More US law firms probing PLDT on budget overrun
MORE US law firms said that they would investigate, on behalf of investors, possible violations by PLDT Inc. of federal securities laws after it disclosed a P48-billion budget overrun.
PLDT on unsteady footing amid dampened investor confidence
THE stock market operator is reviewing whether PLDT Inc. adequately and timely disclosed material information after its shares slumped on Dec. 16 right before its disclosure of a big budget overrun.
Cavite gov’t: San Miguel’s CBEX gets lone challenger
THE provincial government of Cavite said only one challenger registered and purchased bid documents for the competitive challenge process of the Cavite-Batangas Expressway (CBEX),...
Spectrum installs solar PV system in OB Montessori Center Fairview
MSPECTRUM, Inc. (Spectrum) is set to energize the Operation Brotherhood (OB) Montessori Center with renewable energy, the renewable energy firm announced on Monday.
In a...
ESG professionals needed to move businesses’ sustainability agenda
COMPANIES preparing sustainability reports suffer costs for not having professionals knowledgeable in environmental, social and governance (ESG) processes, said an official of a company...
Toyota hits record November output, but shortages loom
TOYOTA Motor Corp. said its global output hit a record for November, thanks in part to solid consumer demand, though it warned of an...