PAL working on certification for SAF-powered flights 

FLAG CARRIER Philippine Airlines (PAL) said the company is on track with its plan to mount green fuel-powered flights to Singapore by 2026.

Meralco: Malampaya gas plants not excluded from 1,000-MW bidding

MANILA Electric Co. (Meralco) said on Monday that power plants utilizing the Malampaya gas field may participate in its bidding for 1,000 megawatts (MW)...

SM Prime’s Q2 income rises to P11.6B, fueled by mall business

SM Prime Holdings, Inc. reported a 16% increase in consolidated net income for the second quarter (Q2), reaching P11.6 billion, up from P10 billion...

PSE adds DoubleDragon, DigiPlus to MidCap Index, removes CEB, Shell

THE PHILIPPINE STOCK Exchange (PSE) said it will update the companies in the MidCap, financials, industrial, property, services, and mining and oil indices on...

Cebu Pacific receives 3 aircraft; restructuring plan gets SEC nod

CEBU PACIFIC (CEB) has received three more aircraft, representing more than half of its projected aircraft deliveries for the year, the budget carrier said on Monday.

Keppel Philippines records P136.17-M profit for Q2

LISTED Keppel Philippines Properties, Inc. recorded a P136.17-million net income for the second quarter (Q2), an improvement from the P2.68-million net loss last year. Second-quarter...

How PSEi member stocks performed — August 5, 2024

Here’s a quick glance at how PSEi stocks fared on Monday, August 5, 2024.

Ayala, MUFG investments to boost GCash’s planned IPO — analysts

THE FRESH investments by Ayala Corp. (AC) and Japan’s Mitsubishi UFJ Financial Group (MUFG) in Globe Fintech Innovations, Inc. (Mynt) may help enhance GCash’s operational capabilities and stimulate investor interest in its planned initial public offering (IPO), according to analysts.

Megaworld enters partnership for P12-B Batangas wellness township

LISTED property developer Megaworld Corp. has partnered with the owner and operator of The Farm at San Benito wellness resort to develop a P12-billion...

Robinsons Land targets green certifications for new Metro Manila projects

ROBINSONS Land Corp. (RLC) said it targets to obtain sustainability certifications for all its new office developments in Metro Manila, aligning with the company’s...

Alsons Power’s first RE project set for September launch

ALSONS Power Group, the power arm of the Alcantara Group, said it will commence commercial operations of its P5.5-billion hydropower project in Sarangani province next month.

SEC says 2024 company registrations to exceed previous record

THE SECURITIES and Exchange Commission (SEC) said it is likely to surpass its previous record for company registrations this year. “The SEC is on track...