PLDT’s Chua not involved in trading probe over telco
A DIRECTOR of the Philippine Stock Exchange (PSE) who is also an official of PLDT Inc. will not be involved in deciding the outcome...
Emperador brandy sales in North America up 28%
EMPERADOR Inc. saw a 28% increase in the sales of its brandy products in North America amid increased distribution, visibility and availability globally especially...
MPIC unit, Israel’s LR Group invest P2B in dairy business
METRO Pacific Investment Corp. (MPIC) announced on Thursday that its new unit, Metro Pacific Agro Ventures (MPAV), and Israel’s LR Group are investing P2...
SEC files criminal complaint against four lending companies
THE Securities and Exchange Commission (SEC) brought four lending companies before the Department of Justice (DoJ) for criminal prosecution for operating unregistered online lending...
ERC studies how to defer P22.6-B cost recovery
The Energy Regulatory Commission (ERC) is looking into how the recovery of P22.64 billion in power generation cost can be deferred after the High...
PetroWind, Vestas sign turbine supply deal for Nabas wind farm
Yuchengco-led PetroEnergy Resources Corp. through its subsidiary PetroWind Energy Inc. and Vestas Wind Systems A/S signed a turbine supply and maintenance contract for the...
How PSEi member stocks performed — December 22, 2022
Here’s a quick glance at how PSEi stocks fared on Thursday, December 22, 2022.
PLDT, PSE say no fraud involved in P48-B overrun
PLDT, Inc. maintained on Wednesday that its probe into the P48-billion budget overrun has so far yielded no evidence of fraudulent activity.
“PLDT has not...
Holiday rush seen to come in later, shorter this year
DEMAND for consumer goods, which usually spikes during the holiday season, is seen to be shorter this year versus other years, according to Philippine...
SMC, Cebu Pacific: Traffic to peak this week
SAN MIGUEL Corp. (SMC) and Cebu Air, Inc. (Cebu Pacific) are expecting the holiday traffic to peak this week and have advised motorists and...
Vitarich expands capacity in Mindanao as warehouse opens
VITARICH Corp. has opened a 9,000-square-meter (sq.m.) warehouse in Panacan, Davao City to further serve the growing demand in Mindanao, the firm said on...
Jollibee readies global sustainability agenda
JOLLIBEE FOODS Corp. (JFC) is set to launch a global sustainability agenda by the first quarter of next year as it commits to having...