Tax court rejects software firm’s refund claim
THE Court of Tax Appeals has rejected the refund claim of Avaloq Group AG’s Philippine regional headquarters worth P3.2 million representing its excess value-added...
Former ICTSI finance chief joins Prime Infra board
PRIME Infrastructure Capital, Inc. (Prime Infra) announced that Martin O’Neil, former chief financial officer of International Container Terminal Services, Inc. (ICTSI), has joined its...
Asialink partners with Lazada, Shopee to boost payments network
ASIALINK Finance Corp. has tied up with e-commerce firms Lazada and Shopee to offer an easier way for clients to pay their loans, it...
Investors tepid on BPI amid nod on merger with Robinsons Bank
THE share price of Bank of the Philippine Islands (BPI) moved sideways last week after shareholders approved its proposed merger with Robinsons Bank in...
How PSEi member stocks performed — January 20, 2023
Here’s a quick glance at how PSEi stocks fared on Friday, January 20, 2023.
SEC warns on unregistered mining entity
THE Securities and Exchange Commission (SEC) has warned the public not to invest in Oriental Peak Mining as the entity is operating without business...
ACEN eyes long-term deals for project in Australia
ACEN Corp. is aiming to bid for long-term energy service agreements in Australia for a pumped hydro project that was chosen to receive funding...
Income of listed universities grows as enrollment rises
CENTRO Escolar University (CEU) and Far Eastern University, Inc. (FEU) posted higher attributable net income in the second quarter after booking higher enrollment numbers,...
Globe: Subsea cable project set for April completion
GLOBE Telecom, Inc. said its $150-million domestic submarine cable network project is on track for completion in April this year.
The project, which is being...
DTI, P.J. Lhuillier to boost digital transformation of MSMEs
THE Department of Trade and Industry (DTI) has linked with P.J. Lhuillier Inc. (PJLI) to assist the digital transition of micro, small, and medium...
DoE, Shell firms partner to study RE-powered EV charging stations
THE Energy department signed a tripartite memorandum of agreement with Pilipinas Shell Petroleum Corp. (PSPC) and Shell Energy Philippines, Inc. (SEPH) to conduct a...
Wind industry’s success becomes its biggest threat
THE head of one of the world’s biggest developers of renewable energy, Denmark’s Orsted A/S, worries that the energy transition could see a slowdown...