Villar set to launch 80-hectare casino complex

A SUBSIDIARY of Villar-led Prime Asset Ventures, Inc. is set to launch an 80-hectare casino and entertainment complex in the Las Piñas-Parañaque area by 2023.

DMCI Homes plans to launch a P7-B high-rise project

REAL-ESTATE developer DMCI Homes, Inc. is targeting to launch a high-rise condominium project in Caloocan by January next year, according to its president.

ICTSI receives third repayment from Sudan on canceled port deal

PORTS operator giant International Container Terminal Services, Inc. (ICTSI) said it recently received a third partial repayment from the Sudanese government in relation to the canceled port concession.

Maynilad allots P1.5 billion for pumping station projects

MAYNILAD Water Services, Inc. (Maynilad) has set aside P1.5 billion for the rehabilitation of its 17 pumping stations, the west zone water concessionaire said on Saturday.

SEC still keen on having 888 companies enter capital market

THE Securities and Exchange Commission (SEC) said it is on track to meet its goal of having 888 companies tap the capital market for core fundraising by 2024.

Globe says ‘climate tech’ a new focus area

GLOBE TELECOM, Inc. is expanding its ecosystem to include “climate tech” (Climatech) as a new focus area aimed at combating climate change by mitigating greenhouse gas emissions.

CTA affirms partial refund of Toyota’s customs duties and excess VAT

THE Court of Tax Appeals (CTA) has upheld the ruling granting Toyota Motor Philippines Corp.’s refund claim in the reduced amount of P144.13 million for excess customs duties and value-added tax (VAT) on motor vehicles imported from Japan from January to June 2010.

DMCI Power sees better performance in 2023

DMCI Power Corp., the power generation arm of DMCI Holdings, Inc., is expecting to outperform its 2022 performance next year, its top official said.

ACEN’s developments boost its price

AC ENERGY Corp. (ACEN) was one of the most actively traded stock last week following a good market sentiment for the energy company.

Seaoil celebrates Ampol partnership

Seaoil Philippines, Inc. marked its fifth year with Ampol, Australia’s largest transport energy distributor and retailer, which acquired 20% equity interest in the company in 2017.

How PSEi member stocks performed — December 2, 2022

Here’s a quick glance at how PSEi stocks fared on Friday, December 2, 2022.

SEC warns public about three unlicensed investment-takers

IN separate advisories, the Securities and Exchange Commission (SEC) has warned the public not to invest in CashBaka, Hero Mining International Group, and as the three entities have not secured the license to solicit investments.
BusinessWorld Online