Xurpas set to convert P136.5-M shareholder advances into equity

XURPAS, Inc. is planning to convert into equity around P136.52 million worth of its founders’ advances to the listed technology firm. In a disclosure to...

Kia to address minivan order backlog this year 

KIA Philippines Motor Corp. is optimistic that it would resolve the order backlog for its Carnival minivan offering within the year as supply is...

Capstone-Intel offers benefits of analytics

LOCAL research and intelligence company Capstone-Intel Corp. is seeking to use data analytics and research to help in the decision-making of businesses, governments, and...

Españo joins Alternergy as board advisor 

ALTERNERGY Holdings Corp. on Monday said the former chairperson of Punongbayan & Araullo Grant Thornton has joined the renewable energy company as an advisor...

Apple cuts Vision Pro goals after production issues, says FT report

APPLE, Inc. is slashing production targets for its Vision Pro because manufacturers are struggling with the novel gadget’s complex design, the Financial Times (FT)...

How PSEi member stocks performed — July 3, 2023

Here’s a quick glance at how PSEi stocks fared on Monday, July 3, 2023.

Cautious, unnerved investors sway shares sideways

STOCKS have generally moved sideways during the first half of the year due to underlying economic concerns locally and overseas, analysts said.

MIAA studies moving foreign flights of AirAsia to Terminal 1

THE country’s airport operator is considering the transfer of the international flights of low-cost carrier AirAsia Philippines to Terminal 1 of the Ninoy Aquino International Airport but only after the coming peak travel season.

Contact centers seek a level playing field with freelancers

THE Contact Center Association of the Philippines (CCAP) is working on luring freelancers while seeking a level playing field as more workers move to...

CTA upholds denial of CBK Power VAT refund

THE Court of Tax Appeals (CTA) has stood by its decision denying CBK Power Co. Ltd.’s refund claim worth P35.6 million allegedly representing its...

SEC extends amnesty program

THE Securities and Exchange Commission (SEC) has further extended the amnesty period for delinquent companies that have yet to file regulatory requirements. In a media...

Robinsons Land raises P15B from bond offer

LISTED property developer Robinsons Land Corp. (RLC) said that it had raised P15 billion after the strong demand for its fixed-rate bond issuance. In a media...