SMC draws $23M for Bulacan airport, P4.5B for MRT-7
SAN MIGUEL Corp. (SMC) has drawn $23 million from its existing $2.165-billion loan facility to finance land development for the Bulacan International Airport project,...
How PSEi member stocks performed — May 19, 2025
Here’s a quick glance at how PSEi stocks fared on Monday, May 19, 2025.
Maynilad trims IPO size, eyes July 17 listing
PANGILINAN-LED water concessionaire Maynilad Water Services, Inc. has reduced the size of its planned initial public offering (IPO), with the listing now scheduled for July 17.
CREC eyes June close for P6.7-B deal with Indonesian firm
LISTED renewable energy company Citicore Renewable Energy Corp. (CREC) expects to achieve financial close by June on its share subscription agreement with Indonesian state-owned...
BPI shares dip on profit taking, NPL concerns
SHARES of Bank of the Philippine Islands (BPI) edged lower last week after the release of its first-quarter (Q1) financial results, as investors engaged...
First Gen eyes three more LNG cargoes this year
LOPEZ-LED First Gen Corp. is looking to secure at least three additional liquefied natural gas (LNG) cargoes this year to support the supply requirements...
SPAVI sees better 2025 amid easing inflation
LISTED food service group Shakey’s Pizza Asia Ventures, Inc. (SPAVI) expects 2025 to be a stronger year, as the company remains optimistic about achieving...
Listed media firms poised for Q2 growth on election ads
LISTED media companies are expected to sustain growth in the second quarter, supported by anticipated revenue gains from election-related advertisements, according to analysts.
MPTC ready to resume merger talks with SMC
METRO PACIFIC Tollways Corp. (MPTC) said it is ready to resume merger talks with San Miguel Corp. (SMC) after deferring discussions amid fundraising activities.
“We...
How PSEi member stocks performed — May 16, 2025
Here’s a quick glance at how PSEi stocks fared on Friday, May 16, 2025.
PLDT posts P9.03-B Q1 income, down 8% amid higher expenses
LISTED PLDT Inc.’s attributable net income fell by 8.04% to P9.03 billion for the first quarter (Q1), as higher expenses outpaced modest revenue growth.
Converge Q1 profit rises 18.4% to P3.02 billion
LISTED fiber internet service provider Converge ICT Solutions, Inc.’s first-quarter (Q1) attributable net income rose 18.43% to P3.02 billion, driven by residential business growth.
For...