Axelum allocates up to P400 million in capex
LISTED coconut products maker Axelum Resources Corp. has earmarked up to P400 million in capital expenditure (capex) this year to improve its production facilities.
In...
PHL startup Mayani selected for Temasek Trust’s mentorship program
SINGAPORE — A Philippine startup helping agricultural value chains has been included in a global mentorship program that seeks to help sustainability-driven startups to become commercially viable.
How PSEi member stocks performed — April 15, 2024
Here’s a quick glance at how PSEi stocks fared on Monday, April 15, 2024.
PSE OKs initial listing of OceanaGold IPO shares
THE Philippine Stock Exchange (PSE) has approved OceanaGold Philippines, Inc.’s listing of 2.8 billion shares for its P7.9-billion initial public offering (IPO) under the...
Conti’s, Wendy’s eye 12% growth in sales with new provincial stores
CONTI’S and Wendy’s operator Eight-8-Ate Holdings, Inc. is banking on new stores in the provinces to boost system-wide revenue by 12% this year, according...
Monde Nissin allots P7.2-B capex this year to support growth plans
MONDE Nissin Corp. has allotted P7.2 billion for its capital expenditure (capex) budget this year to support the company’s growth plans, according to its...
AC Health eyes Cebu, Davao for potential M&As
AYALA Healthcare Holdings, Inc. (AC Health) is looking at the cities of Cebu and Davao for possible mergers and acquisitions (M&As) and investments as...
Ninja Van eyes provincial market
Logistics company Ninja Van Philippines seeks to boost its presence in provincial areas to help address retail challenges, according to its country head.
“Our logistics...
Globe on track to complete submarine cable project
Globe Telecom, Inc. is on track to complete its $150-million (P8.5 billion) domestic submarine cable network by the second quarter, it said in its...
Cebu Landmasters banks on rate cuts to boost income
LISTED property developer Cebu Landmasters, Inc. (CLI) is banking on lower interest rates to boost earnings and support its capital-raising efforts this year, according...
DigiPlus dips despite expansion plans
SHARES of DigiPlus Interactive Corp. fell last week despite news of its global expansion plans, dragged by negative market sentiment and US inflation data, analysts said.
How PSEi member stocks performed — April 12, 2024
Here’s a quick glance at how PSEi stocks fared on Friday, April 12, 2024.