DMCI construction unit keen on more contracts to build data centers
THE CONSTRUCTION unit of DMCI Holdings, Inc. is aiming for more contracts to build data centers, which its top official sees as having good...
SMIC geothermal unit targets 600-MW capacity
SM Investments Corp. (SMIC) said its wholly owned subsidiary Philippine Geothermal Production Co., Inc. (PGPC) is expanding its renewable energy capacity to 600 megawatts...
Ayala Land expects to sustain growth
AYALA Land, Inc. expects to continue its sales growth trajectory into the second half of the year, driven by its residential property business, its...
Meralco board clears management changes
MANILA ELECTRIC CO. (Meralco) on Tuesday announced changes in the company’s leadership.
In a disclosure to the stock exchange, Meralco said its board of directors...
Converge offers solution to small hotels’ digital shift
CONVERGE ICT Solutions, Inc. is offering its new cloud-based hotel management system to 150,000 micro, small, and medium enterprises (MSMEs) operating in the tourism sector.
Together...
Globe deploys HPE technology with rapid connections, enhanced audio
GLOBE Telecom, Inc. with Singapore-based Hewlett Packard Enterprise (HPE) deployed voice over new radio (VoNR) technology to lower latency in calls and allow concurrent...
Toyota partners with Lalamove for easier vehicle ownership
TOYOTA MOTOR Philippines Corp. (TMP) has partnered with the automotive unit of logistics firm Lalamove to allow easier vehicle ownership for aspiring and existing...
How PSEi member stocks performed — June 27, 2023
Here’s a quick glance at how PSEi stocks fared on Tuesday, June 27, 2023.
SM Investments CEO wants packages, renewables to boost earnings
SM Investments Corp., already the Philippines’ biggest lender and retailer, wants to expand its presence in businesses from bakeries to geothermal power to diversify...
Errant companies swamp SEC with amnesty filings
THE SECURITIES and Exchange Commission (SEC) has noted a large number of companies filing for amnesty after failing to submit regulatory requirements, its top...
Grab commits to livelihood plan despite restructuring
MYTAXI.PH, Inc., the company behind Grab Philippines, said the job layoff announced last week would not affect its commitment to provide 500,000 livelihood opportunities...
IFC and First Balfour study EV system for industrial park
INTERNATIONAL Finance Corp. (IFC) and First Balfour, Inc. are partnering to explore the creation of an electric vehicle (EV) system in an ecozone.
“Under the...