SEC warns about unlicensed Lele Gold Farm, Trading Cartel

THE Securities and Exchange Commission (SEC) warned the public against the investment-taking activities of Trading Cartel and Lele Gold Farm as the entities are...

AboitizPower expects 17 MW more from Tiwi geothermal

ABOITIZ Power Corp. (AboitizPower) expects an additional 17 megawatts (MW) from its geothermal power plant in Tiwi, Albay when its renewables arm completes a...

Tax court affirms partial refund of KEPCO’s excess VAT

THE Court of Tax Appeals (CTA) has affirmed its ruling partially granting KEPCO Ilijan Corp.’s refund claim worth P23.39 million representing its excess input...

Century Peak’s cement unit secures gov’t certification

THE construction and cement subsidiary of listed firm Century Peak Holdings Corp. (CPM) has secured quality certification from the government for its cement products...

Century Properties plans to offer P3-billion retail bonds

THE board of directors of Century Properties Group, Inc. has approved a plan for the listed property developer to offer fixed-rate retail bonds worth...

Megawide says P2.8-B offering proceeds used for various projects

MEGAWIDE Construction Corp. on Tuesday said it has utilized P2.77 billion from the net proceeds of its 2020 preferred share offering for various infrastructure...

UPS Healthcare launches specialized shipping in PHL

US-BASED UPS Healthcare launched a highly specialized shipping service for patient-critical, time- and temperature-sensitive shipments in the Philippines. According to the firm, the shipping service’s...

Globe says P16.5B released for capex, loan repayments

GLOBE TELECOM, INC. on Tuesday said it has used P16.46 billion for capital expenditures (capex) and loan repayments from the net proceeds of the...

DHL Express opens larger service center in Pasig City

LOGISTICS firm DHL Express has opened a larger facility in Pasig City in a bid to address customer demand and improve its operations in...

How PSEi member stocks performed — January 17, 2023

Here’s a quick glance at how PSEi stocks fared on Tuesday, January 17, 2023.

Nickel Asia board OK’s nearly P3B more for RE unit

LISTED mining firm Nickel Asia Corp. announced on Monday that its board of directors approved the additional investment of P2.92 billion in its subsidiary,...

Sateco AG aims to expand investments in PHL, says BoI

GLOBAL silicone products maker Sateco AG is targeting to expand its investments in the Philippines, the Board of Investments (BoI), after its local unit...