How PSEi member stocks performed — October 31, 2024
Here’s a quick glance at how PSEi stocks fared on Thursday, October 31, 2024.
Uy seeks to advance $600-M air traffic control proposal
COMCLARK Network and Technology Corp. is hoping to secure the original proponent status (OPS) next week for its $600-million unsolicited proposal to manage the...
Megawide completes airport operations exit, commits to strengthening infrastructure focus
MEGAWIDE Construction Corp. has completed the divestment of its equity stake in Mactan Cebu International Airport to Aboitiz InfraCapital, Inc. for P7.76 billion, fully...
Creador to invest P20B in Philippines over next 5 years
MALAYSIAN private equity firm Creador plans to invest up to P20 billion in the Philippines over the next five years as the company solidifies...
Alternergy to increase Tanay wind farm’s capacity to 128 MW
ALTERNERGY Tanay Wind Corp. (ATWC), a unit of Alternergy Holdings Corp., has received approval from the Energy department to increase the capacity of the...
Higher enrollment lifts STI Education net income by 84%
STI EDUCATION Systems Holdings, Inc. saw an 84% increase in its full-year net income for the fiscal year 2024 ended June, rising to P1.61...
Hotel101 aims for 1 million app users by yearend
HOTEL101 Global Pte. Ltd., a subsidiary of property developer DoubleDragon Corp. (DD), expects its hotel application to have one million registered users by yearend...
Semirara Mining and Power profit down 8% on lower coal contributions
SEMIRARA MINING and Power Corp. (SMPC) posted an attributable net income of P3.1 billion for the third quarter (Q3), down 8% due to lower...
How PSEi member stocks performed — October 30, 2024
Here’s a quick glance at how PSEi stocks fared on Wednesday, October 30, 2024.
Metro Manila office vacancy rate to rise to 20.5% by yearend — Colliers
THE OFFICE VACANCY rate in Metro Manila is projected to reach 20.5% by the end of the year, driven by the influx of new...
Meralco expects P16-B refund for customers
MANILA Electric Co. (Meralco) expects to refund around P16 billion to its customers once the energy regulator finalizes the fifth regulatory reset, which reviews...
Globe completes P300-M tower sale to Unity Digital Infrastructure
GLOBE Telecom, Inc. has completed the sale of 25 telecommunications towers to Unity Digital Infrastructure, Inc. for P300 million.
This development marks the latest transaction...