IdeaSpace Ventures names new executive director
MVP GROUP’S startup arm IdeaSpace Ventures and its division QBO Innovation Hub have appointed startup ecosystem veteran Alwyn Joy E. Rosel as executive director.
Ms....
How PSEi member stocks performed — March 17, 2025
Here’s a quick glance at how PSEi stocks fared on Monday, March 17, 2025.
Fast-fashion retailer Forever 21 files for bankruptcy
Fast-fashion retailer Forever 21's U.S. operating company on Sunday filed for Chapter 11 bankruptcy for the second time in six years, hamstrung by dwindling...
Maynilad gears up for P49.15-B IPO
WEST ZONE concessionaire Maynilad Water Services, Inc. said it plans to raise up to P49.15 billion through an initial public offering (IPO) within the next two quarters.
ICTSI shares fall amid trade tensions
SHARES IN RAZON-LED International Container Terminal Services, Inc. (ICTSI) declined last week as trade tensions initiated by the US weakened investor sentiment, outweighing the...
ACEN eyes completion of RE projects through 2027
ACEN CORP., the listed energy platform of the Ayala group, is progressing toward its target of 20 gigawatts (GW) of renewable energy (RE) capacity...
Globe secures P20-B term loan facility for capex
GLOBE TELECOM, Inc. said it had signed P20 billion in loan facilities with two local banks to fund its capital expenditures (capex) and reduce...
Meralco eyes 4.5% growth in energy sales volume for 2025
POWER distributor Manila Electric Co. (Meralco) said it targets to increase its energy sales volume by 4.5% this year.
The company is targeting at least...
ABP Group enters Manila, citing urgent cybersecurity needs
ABP GROUP, a Singapore-based cybersecurity provider, has opened an office in Manila, citing the Philippines’ rapid digital growth and the urgent need for stronger...
CTA denies Green Cross’ P118-M tax refund petition
THE COURT OF TAX APPEALS (CTA) has denied Green Cross, Inc.’s tax refund claim, affirming the imposition of excise taxes and related value-added tax...
SEC sets 2025 deadlines for AFS, GIS filing
THE Securities and Exchange Commission (SEC) has set the deadlines for filing corporate annual financial statements (AFS) and general information sheets (GIS) for 2025.
The...
ERC finalizes rules on GEA-All charges for on-grid consumers
THE Energy Regulatory Commission (ERC) on Sunday issued guidelines for collecting tariffs on energy projects under the Green Energy Auction Program (GEAP), charged to...