ICTSI shares decline despite developments
SHARES in International Container Terminal Services, Inc. (ICTSI) declined last week despite developments involving its overseas units aimed at boosting capacity.
Data from the Philippine...
Filinvest Hospitality keeps 5-year goal to add 2,000 rooms
GOTIANUN-LED FILINVEST Hospitality Corp. (FHC) is expanding its hotel portfolio, with one property expected to open by yearend and another project set to begin...
Cignal TV sets goal to double app registrations within 12 months
PANGILINAN-LED Cignal TV, Inc. aims to add one million new users within 12 months through its new all-in-one app bundling multiple streaming services.
“As an...
DMCI Homes plans two project launches this year
DMCI PROJECT Developers, Inc. (DMCI Homes) is planning to launch two projects this year as it expands its portfolio.
“Most probably two launches this year,...
How PSEi member stocks performed — May 23, 2025
Here’s a quick glance at how PSEi stocks fared on Friday, May 23, 2025.
Philippine companies told to realign resources amid risks
PHILIPPINE companies should boost resiliency and realign their resources in the face of a global trade war that puts economic growth, jobs and wages at risk, according to corporate leaders.
URC launches R&D center in Malaysia
UNIVERSAL ROBINA CORP. (URC) has launched a research and development (R&D) facility under Malaysian unit URMunchy’s as the company boosts its presence in Southeast...
ERC OKs NGCP’s P32-billion Luzon capex projects
THE Energy Regulatory Commission (ERC) has approved the proposed capital expenditure (capex) projects of the National Grid Corp. of the Philippines (NGCP) in Luzon...
AbaCore returns to profitability in first quarter
ABACORE Capital Holdings, Inc. posted P107.3 million in net income in the first quarter, a turnaround from its P15.3-million net loss a year earlier,...
Higher enrollment drives earnings at STI Holdings
STI EDUCATION SYSTEMS Holdings, Inc.’s net income rose 18% in the third quarter of its fiscal year to P706.6 million from a year earlier,...
AIC eyes at least four major locators at West Cebu Estate
ABOITIZ INFRACAPITAL, Inc. (AIC) expects at least four key locators at its West Cebu Estate in Central Visayas, which is seen to support the province’s growing shipbuilding industry.
PSE told not to lose focus on key initiatives
THE PHILIPPINES should focus first on fine-tuning the implementation of measures that seek to boost the local stock market instead of launching new products, the country’s economic czar said.