Business units lift FDC’s profit
GOTIANUN-LED conglomerate Filinvest Development Corp. (FDC) posted a 28% improvement in its net income in the third quarter as its business segments posted higher...
Max’s Group’s net income down on higher expenses
LISTED restaurant operator Max’s Group, Inc. posted a 53% drop in its attributable net income in the third quarter amid increased expenses.
In a regulatory...
PSE income improves nearly 20%
LOCAL stock market operator The Philippine Stock Exchange, Inc. (PSE) logged an increase of nearly 20% in its nine-month net income amid higher investment...
PAL expands flight, signs codeshare deal with Singapore Airlines
FLAG CARRIER Philippine Airlines (PAL) has expanded its codeshare partnership with Singapore Airlines (SIA), increasing flight options between their respective countries and adding more...
PT&T secures nod on capital hike
PHILIPPINE Telegraph and Telephone Corp. (PT&T) has secured the approval of the Securities and Exchange Commission (SEC) to increase its authorized capital stock.
In a...
Now partners with German satellite firm
NOW Corp. has partnered with a German-based satellite communications company to provide a next-generation connectivity network in the country, the listed telecommunications company said...
Cemex incurs bigger net loss
CEMEX HOLDINGS Philippines, Inc. saw its attributable net loss for the third quarter widen to P582.57 million from P552.07 million a year ago after...
Repower Energy launches 8th run-of-river hydropower plant
Repower Energy Development Corp. (REDC) has started the commissioning phase of its 1.4-megawatt (MW) run-of-river hydropower plant in Quezon province, the company said on...
STT GDC Philippines taps construction firms to develop data center
ST Telemedia Global Data Centres (Philippines) said it had partnered with the First Balfour-Leighton Asia joint venture to build its largest data center.
The company...
How PSEi member stocks performed — November 15, 2023
Here’s a quick glance at how PSEi stocks fared on Wednesday, November 15, 2023.