LRT-1 posts surge in riders, says operator LRMC
LIGHT Rail Manila Corp. (LRMC), the private operator of Light Rail Transit Line 1 (LRT-1), saw a 139% increase in average weekday ridership in the third quarter, and the trend is expected to continue in the last quarter of the year, a company official said.
Maynilad cites ‘good faith, real efforts’ after SC ruling
MAYNILAD Water Services, Inc. said the Supreme Court had seen the company’s good faith after the tribunal decided to cut the fines imposed on water concessionaires for non-compliance with the Clean Water Act.
Smart, PLDT to bundle MPIC’s mWell in offerings
PANGILINAN-led PLDT Inc. and Smart Communications, Inc. will be backing up the health technology platform of Metro Pacific Investments Corp. (MPIC) through their offerings.
Record-high cash dividend moves Semirara Mining and Power stocks
MARKET players rallied behind Semirara Mining and Power Corp. (SMPC) after the announcement of its highest-ever special cash dividends, analysts said.
How PSEi member stocks performed — October 21, 2022
Here’s a quick glance at how PSEi stocks fared on Friday, October 21, 2022.
Haus Talk cancels projects in Pangasinan, Laguna
LISTED property developer Haus Talk, Inc. has canceled its projects and land acquisitions in Calasiao, Pangasinan and Sta. Rosa, Laguna to refocus funds to its project in Biñan, Laguna, its chairman said.
Medilines: Dialysis market to lift revenues by 43%
LISTED firm Medilines Distributors, Inc. expects 43% revenue growth from dialysis consumable products and better margins on its planned expansion into the dialysis consumable market.
Mars Wrigley invests in biomass boiler
CONFECTIONERY manufacturer Mars Wrigley has invested $800,000 in a biomass boiler in a bid to shift the power source of its Antipolo factory to renewable energy.
Ovialand launches P2.3-B project in Laguna
OVIALAND, Inc. will start selling units from its horizontal development in San Pablo, Laguna from which it expects P2.3 billion in sales.
SM group to open seven new SM Markets across Luzon
SY-LED SM Investments Corp.’s SM Markets is set to open seven more stores across Luzon before the year ends as it aims to provide better food shopping in developing communities.
Ties with tech companies sought for legal sector
PHILIPPINE law firms should collaborate and consult with more information technology (IT) firms to keep up with the changing times, a corporate law firm said on Thursday.
Shakey’s Peri-Peri opens 60th store
LISTED food service group Shakey’s Pizza Asia Ventures, Inc. said on Thursday that its Peri-Peri Charcoal Chicken and Sauce Bar opened new outlets in September.