Okada Manila earns Asia Gaming Awards recognition

OKADA MANILA was named Best Integrated Resort and Best Sustainability Program at the 2024 Asia Gaming Awards, the company said on Wednesday.  The Asia Gaming...

SPAVI plans around P1-B capex to drive 2025 growth

LISTED restaurant operator Shakey’s Pizza Asia Ventures, Inc. (SPAVI) plans to allocate about P1 billion in capital expenditures (capex) this year. “Last year, the guidance...

Converge expects subscriber base to grow to 4 million by 2027

CONVERGE ICT Solutions, Inc. said it expects to reach four million subscribers by 2027, driven by its expansion strategy. "We are well on our way...

SM Prime targets 2026 completion for SixE-com Center in Pasay

SM PRIME HOLDINGS, INC. expects to complete the SixE-com Center office development in Pasay City by 2026, aligning with its portfolio expansion amid anticipated...

How PSEi member stocks performed — March 20, 2025

Here’s a quick glance at how PSEi stocks fared on Thursday, March 20, 2025.

SEC open to lower public float for large IPOs

COMPANIES planning to list on the Philippine Stock Exchange, Inc. (PSE) with an initial public offering (IPO) exceeding P5 billion may seek relief to offer less than the required 20% public float, as the Securities and Exchange Commission (SEC) considers providing flexibility on the rule. 

TotalEnergies shifts PHL business to franchise model

FRENCH multinational integrated energy company TotalEnergies is transitioning its Philippine operations from a joint venture to a franchise model, according to listed Basic Energy...

FNI posts 51.82% profit decline, plans P711.8-m capex

GLOBAL Ferronickel Holdings, Inc. (FNI) saw a 51.82% drop in its 2024 attributable net income to P743.9 million from P1.54 billion a year earlier,...

CLI secures SEC approval for new unit

LISTED property developer Cebu Landmasters, Inc. (CLI) has secured regulatory approval to register a new subsidiary as it prepares to expand into Luzon. The company...

Gaming tycoon Willy Ocier resigns from AbaCore board

LISTED holding company AbaCore Capital Holdings, Inc. announced on Wednesday that businessman and gaming tycoon Willy N. Ocier resigned as a director for personal...

PLDT, Nokia partner for data center solutions

PLDT INC., through its unit VITRO Inc., has partnered with global telecommunications and network infrastructure provider Nokia to enhance data center solutions and make...

Printwell expands into Aboitiz group’s LIMA Estate

ABOITIZ INFRACAPITAL (AIC), the infrastructure arm of the Aboitiz group, announced that Printwell International Corp. will expand into LIMA Estate by yearend. The 1.6-hectare (ha)...