DoTr studies ‘final termination’ of common station contract
THE Department of Transportation (DoTr) said it is evaluating the final termination of its contract with the contractors of the Unified Grand Central Station...
Ayala sells 40% of AC Logistics to Danish logistics giant
DENMARK-BASED logistics giant A.P. Moller is acquiring up to 40% of Ayala Corp.’s logistics subsidiary AC Logistics Holdings Corp.
Megawide eyes April 14 listing for P6-B share offer
SAAVEDRA-LED Megawide Construction Corp. is eyeing an April 14 listing on the Philippine Stock Exchange (PSE) for its P5.95-billion preferred shares offering.
The latest indicative...
ICTSI income up 66% in 2024, driven by operations in Asia
RAZON-LED International Container Terminal Services, Inc. (ICTSI) saw its 2024 attributable net income surge by 66.1% to $849.80 million from $511.53 million a year...
Meralco eyes 35 MW for data centers this year
POWER DISTRIBUTOR Manila Electric Co. (Meralco) is aiming to supply approximately 35 megawatts (MW) of power to data centers this year amid rising demand for digital infrastructure.
NAC sees nickel prices rising on supply constraints
LISTED Nickel Asia Corp. (NAC) said it expects upward pressure on nickel prices due to potential supply constraints amid rising demand from the stainless...
STT GDC Philippines goes fully renewable in data center operations
ST TELEMEDIA Global Data Centres (STT GDC) Philippines, a data center solutions provider, said its data centers are now powered by renewable energy.
“Operating on...
ATI deploys new cranes at Manila South Harbor
ASIAN TERMINALS, Inc. (ATI) said it has commissioned two ship-to-shore (STS) cranes to increase handling capacity and operational efficiency at Manila South Harbor, its...
Filinvest REIT, Filinvest Land sign deed of exchange for Festival Mall
FILINVEST REIT CORP. (FILRT) has executed a deed of exchange with its parent company and sponsor, Filinvest Land, Inc. (FLI), for the transfer of...
SMIC says $500-M bond recognized at Asset Triple A Awards 2025
SM INVESTMENTS Corp. (SMIC) said it received recognition at The Asset Triple A Sustainable Finance Awards 2025 for its $500-million bond offering in 2024,...
How PSEi member stocks performed — March 6, 2025
Here’s a quick glance at how PSEi stocks fared on Thursday, March 6, 2025.
SM Prime allots nearly P15B for 5-year hospitality growth
SM PRIME Holdings, Inc. said its hotels and convention centers unit is investing nearly P15 billion to support a five-year expansion plan that will...