Vivant targets 2025 launch for Cebu desalination plant

VIVANT WATER, the water infrastructure unit of Cebu-based conglomerate Vivant Corp., is targeting to complete the testing and commissioning of its desalination plant in...

Kia PHL eyes 12,500 units sold this year

KIA PHILIPPINES (KP Motors Corp.) is targeting 12,500 car sales this year, according to its chief operating officer (COO). “We are aiming to hit 12,500...

Robinsons Retail posts P10.3-B income for 2024

ROBINSONS Retail Holdings, Inc. (RRHI) more than doubled its attributable net income for 2024 to P10.3 billion, from P4.1 billion in 2023, driven by...

Radius opens DDoS scrubbing center in Hong Kong

RADIUS Telecoms, Inc., a wholly owned subsidiary of Manila Electric Co. (Meralco), has launched a specialized facility to strengthen its cybersecurity measures against growing...

How PSEi member stocks performed — February 6, 2025

Here’s a quick glance at how PSEi stocks fared on Thursday, February 6, 2025.

Metro Manila condo oversupply worsens, with 8.2-year market absorption time — Colliers

Metro Manila's condominium oversupply reached a record high last year, with unsold units expected to take over eight years to be fully absorbed by...

PHL may need 50M sq.m. of industrial space by 2035

THE PHILIPPINES may need at least 50 million square meters (sq.m.) of industrial space by 2035, with an estimated average price of P30,000 per...

How AirAsia Philippines is tackling recovery challenges

By Ashley Erika O. Jose, Reporter AIRASIA PHILIPPINES is focusing on expanding domestic routes and tackling key industry challenges as part of its recovery strategy,...

ICTSI expands MICT capacity

INTERNATIONAL Container Terminal Services, Inc. (ICTSI) said it is enhancing its Manila International Container Terminal (MICT) through capacity expansion and infrastructure upgrades. In a media...

PremiumLands to conduct P255.2-M tender offer for Asiabest shares

REAL ESTATE company PremiumLands Corp. (PLC) is preparing a P255.2-million tender offer for Asiabest Group International Inc. shares as part of its planned backdoor...

Sunlight Air eyes bigger aircraft

SUNLIGHT AIR said it plans to acquire large aircraft as the government mandates the removal of turboprop operations from Ninoy Aquino International Airport (NAIA). “We...

Monica Ang-Mercado appointed CFO of SMFB

SAN MIGUEL Food and Beverage, Inc. (SMFB) has named Monica L. Ang-Mercado as its new chief finance officer (CFO), effective Wednesday. Ms. Ang-Mercado is the...
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