ERC asks SC to void decision halting power deal
THE Energy Regulatory Commission (ERC) has asked the High Court to void the decision of the appellate court that suspended a power supply deal...
Nestlé Philippines targets P170-billion turnover, more local sourcing
FOOD and beverage manufacturer Nestlé Philippines, Inc. plans to expand its product line in the country as the company aims for a P170-billion annual...
Ayala Land to spend P10 billion more to expand Pampanga estate
AYALA LAND, Inc. (ALI) expects to invest P10 billion more in its mixed-use estate property in Porac, Pampanga in the next three to five...
Manila Water plans used water treatment facilities
MANILA Water Co., Inc. said it is considering putting up facilities for treating used water to maximize its raw water output, a company official...
SEC warns on 2 unlicensed entities
THE SECURITIES and Exchange Commission (SEC) has warned about two entities taking investments from the public without prior registration.
In separate advisories, the regulator identified...
Proposed ‘junk food’ tax drags down URC
UNIVERSAL Robina Corp.’s (URC) stock fell last week after investors turned cautious after the government’s proposal to impose a tax on “junk food” and sweetened beverages.
How PSEi member stocks performed — June 23, 2023
Here’s a quick glance at how PSEi stocks fared on Friday, June 23, 2023.
Local workers to be hit by Grab’s 1,000 layoff
PHILIPPINE employees of Singapore-based Grab Holdings Ltd. will be affected by the mass layoff which the ride-hailing company announced on Wednesday.
“ can confirm that...
SEC steps up efforts to adopt digital technology
THE SECURITIES and Exchange Commission (SEC) on Thursday launched digital technology initiatives in line with its program for the capital market and the administration’s...
Philex Mining ‘almost done’ raising funds for Silangan project in Surigao del Norte
PHILEX Mining Corp. is close to raising the needed funding for its Silangan copper-gold project in Surigao del Norte, which it aims to start...
Manila Water targets local and international expansion
MANILA Water Co. Inc., is planning to expand its business in the Philippines and overseas, a company official said on Thursday.
The east zone water...
YCO targets Batangas data center to start by 3rd quarter 2024
LOCAL digital infrastructure firm YCO Cloud Centers expects to complete its Batangas data center by the latter part of 2024, its top official said.
“We...