Globe names new finance chief
GLOBE Telecom, Inc. has named a new chief financial officer (CFO) as Rizza Maniego-Eala prepares to retire from the position.
In a regulatory filing on...
Analysts expect better second half for SMIC
SM Investments Corp. (SMIC) is expected to have a better second half as its retail business is projected to benefit from higher consumer spending,...
D&L Industries completes redemption of P3-B fixed rate bonds
LISTED D&L Industries, Inc. has completed the redemption of its Series A fixed rate bonds worth P3 billion.
“These bonds were issued in 2021 and...
How PSEi member stocks performed — September 16, 2024
Here’s a quick glance at how PSEi stocks fared on Monday, September 16, 2024.
Macquarie Capital unit, Miescor to create Philippine independent telecoms tower firm
SYDNEY/SINGAPORE - Macquarie Capital said on Monday its unit PhilTower Consortium Inc and Miescor Infrastructure Development Corp have completed a transaction that would create...
Laguindingan airport contract goes to Aboitiz InfraCapital
INFRASTRUCTURE development company Aboitiz InfraCapital, Inc. will be awarded the contract to operate and maintain the Laguindingan International Airport in Misamis Oriental, the Department of Transportation (DoTr) said.
DITO CME targets Oct. 10 for P4.2-billion FOO
TELECOMMUNICATIONS and digital services provider DITO CME Holdings, Inc. plans to list its P4.2-billion follow-on offering (FOO) on Oct. 10.
The company has obtained regulatory...
DMCI Mining sees nickel market recovery
DMCI Mining Corp. expects a recovery in its nickel mining business amid an expected uptick in global prices, the company’s president said.
“The first three...
Alliance Global eyes $300-M boutique-style casino in Boracay
ALLIANCE Global Group, Inc. (AGI) plans to open a $300-million boutique-style casino in Boracay by the end of 2025, the listed company’s president said.
“We’re...
Semirara Mining and Power sees better second-half earnings
SEMIRARA Mining and Power Corp. (SMPC) expects higher earnings for the second half of its subsidiary SEM-Calaca Power Corp. (SCPC) this year due to enhanced plant...
Japanese retailer plans to boost PHL product sourcing
JAPANESE retailer AEON Retail Co., Ltd. plans to expand its product sourcing from the Philippines to include coconut products, avocados, chocolates, and pili nuts,...
AirAsia Philippines projects 21% increase in passenger volume
AIRASIA Philippines may end the year with about eight million passengers flown, up by 21% from last year, the low-cost carrier said.
“Towards the yearend,...