D&L sees growth with easing inflation, election spending
D&L INDUSTRIES, Inc., a listed producer of specialty food ingredients and oleochemicals, sees a positive financial performance this year, citing easing inflation and increased...
Media companies set for rebound this year — analysts
LISTED local media companies are expected to rebound this year, fueled by investments in digital assets and anticipated revenue growth ahead of the 2025...
Globe gains on int’l partnership, private 5G launch
GLOBE Telecom, Inc.’s shares rose last week following an international partnership and the launch of its private fifth-generation (5G) network for enterprises.
The telecommunications company...
AboitizPower unit seeks ERC nod for connection facility
NORTHERN Sun Radiance, Inc. (NSRI), a unit of Aboitiz Power Corp. (AboitizPower), is requesting approval from the Energy Regulatory Commission (ERC) to construct a...
CTA partially grants MSD’s petition for VAT refund
THE COURT of Tax Appeals (CTA) has ordered the Bureau of Internal Revenue (BIR) to refund P14.59 million to the local branch of United...
How PSEi member stocks performed — January 10, 2025
Here’s a quick glance at how PSEi stocks fared on Friday, January 10, 2025.
Indonesia’s Pertamina to buy 20% stake in Philippine’s Citicore Renewables for $115 million
Philippines-based Citicore Renewable Energy on Friday said Indonesian state-owned oil firm Pertamina will buy a 20% stake in the pure-play renewable energy company for...
Meralco sees lower generation charge for January
POWER distributor Manila Electric Co. (Meralco) expects a reduction in the cost of power procured from suppliers for the January billing cycle due to...
Higher LRT-1 fares likely by April
COMMUTERS will likely pay higher fares on the Light Rail Transit Line 1 (LRT-1) by April as the Transportation department is expected to decide on the private operator’s fare adjustment within 30 days.
Megawide bags Cavite BRT contract
MEGAWIDE Construction Corp. has secured the contract to construct and develop the P1.87-billion Cavite Bus Rapid Transit (BRT) project.
“Megawide Construction Corp. formally received the...
SEC approves DragonFi as PERA administrator
THE SECURITIES and Exchange Commission (SEC) has approved the application of DragonFi Securities, Inc. as a personal equity and retirement accounts (PERA) administrator, expanding...
Sandiganbayan junks quo warranto petition vs PCGG’s seat in 1994-1995 SMC board
THE anti-graft court has dismissed a petition challenging the authority of government representatives to vote and sit on San Miguel Corp.’s (SMC) board for...