Ayala Corp. says Larrazabal to step down as CFO, names Juan Syquia as successor
AYALA Corp. announced that Alberto M. de Larrazabal will step down as its chief financial officer (CFO) effective Jan. 1 next year.
Mr. Larrazabal, who...
DigiPlus says registered user count doubled to over 40 million in 2024
LISTED DIGIPLUS Interactive Corp. doubled its registered user count to more than 40 million in 2024 as the company eyes further growth this year,...
How PSEi member stocks performed — January 23, 2025
Here’s a quick glance at how PSEi stocks fared on Thursday, January 23, 2025.
Philippine water company Maynilad hires banks for over $500 million IPO, sources say
SINGAPORE — Maynilad Water Services has hired banks including Morgan Stanley and UBS to work on a more than $500 million initial public offering...
Cebu Landmasters allots P12B for Luzon entry
VISMIN property developer Cebu Landmasters, Inc. (CLI) is earmarking P12 billion for the initial phases of its two maiden projects in Luzon as the...
Topline cuts IPO size to P900M, eyes Q2 listing
CEBU-BASED fuel retailer Top Line Business Development Corp. (Topline) has lowered the size of its planned initial public offering (IPO) to around P900 million from the previous P3.16 billion after talks with potential institutional investors.
SM Retail taps Meralco’s MPower for RE supply
SM RETAIL, Inc. has tapped MPower, the local retail electricity supply arm of Manila Electric Co. (Meralco), to supply 100% renewable energy (RE) to...
SteelAsia says P30-B Candelaria plant to produce over 1M tons of steel
STEELASIA Manufacturing Corp. said it has awarded the engineering, procurement, and construction management (EPCM) contract for its P30-billion plant in Candelaria, Quezon, which is...
Jetti plans P1.2-B expansion
INDEPENDENT OIL company Jetti Petroleum, Inc. expects to spend around P1.2 billion to establish 80 more stations to achieve its target of 300 stations...
DMCI Mining projects higher ore output in 2025
DMCI MINING Corp. expects its ore production to reach three million wet metric tons (WMT) this year, driven by the commencement of operations at...
BCDA taps Philtower MIDC for telco infra development
THE Bases Conversion and Development Authority (BCDA) has partnered with PhilTower MIDC to advance digital connectivity across the state-owned corporation’s properties.
In a statement on...
Bright Kindle unit finalizing deal to acquire Leyte mining firm
LISTED Bright Kindle Resources & Investments, Inc. (BKR) said its subsidiary is finalizing the acquisition of a Leyte-based iron ore mining company.
In a disclosure...