NGCP says hopeful for investment recovery decision amid long wait
THE National Grid Corp. of the Philippines (NGCP) said it hopes that the Energy Regulatory Commission (ERC) will issue a decision that ensures fair recovery of its investments.
PAGCOR says income jumped to P6.56 billion in first half
THE Philippine Amusement and Gaming Corp. (PAGCOR) said its net income doubled in the first half of the year, driven by an increase in...
Robinsons Land shares fall despite developments
ROBINSONS Land Corp. (RLC) saw a decline in its share price last week despite announcements to launch two residential projects in the second half...
PSEi member stocks performed — July 12, 2024
Here’s a quick glance at how PSEi stocks fared on Friday, July 12, 2024.
Philippines’ Maynilad prepared to do IPO in 2025, CEO says
MANILA - Philippine utility firm Maynilad Water Services Inc. plans an initial public offering as soon as 2025, its CEO said on Friday.
Under its...
Leechiu: Office space demand up 24% in first half; vacancy improves to 17% in...
FIRST-HALF office space demand increased by 24% year on year to 685,000 square meters (sq.m.), driven by expansions in the information technology-business process management...
Saavedra’s Megawide lists P5-billion bonds
MEGAWIDE Construction Corp. raised P5 billion through its fixed-rate bond offering as part of its capital-raising activities, the engineering and infrastructure company announced on Thursday.
Globe Business taps US firm to combat rising cyber threats
GLOBE Business, a unit of Globe Telecom, Inc., has partnered with US-based security cloud provider Zscaler, Inc. to enhance data protection for enterprises, the...
Meralco solar unit energizes solar rooftop project for Japanese firm
MSPECTRUM, Inc., the wholly owned solar subsidiary of Manila Electric Co. (Meralco), has energized the solar rooftop facility of Japanese manufacturer Citizen Finedevice Philippines...
ERC sees delay in resumption of reserve market operations
THE Energy Regulatory Commission (ERC) is seeing a delay in the resumption of the billing and settlement of amounts in the reserve market as...
Packworks secures P3.5M for AI-powered marketing solution for sari-sari stores
STARTUP Packworks said it received P3.5 million in research funding from the Department of Science and Technology (DoST) to develop its artificial intelligence (AI)-powered...
PSEi member stocks performed — July 11, 2024
Here’s a quick glance at how PSEi stocks fared on Thursday, July 11, 2024.