Century Properties launches townhouse project in Mandaluyong
CENTURY Properties Group, Inc. has launched its Century NULIV brand with a low-density townhouse project behind its Acqua Private Residences in Mandaluyong City.
Phinma Corp. names new key officials
PHINMA Corp. has named a new chairman and president after its chairman, who held the post since 2003, stepped down early this year.
SMC unit’s perpetual securities ‘volatile’ — CreditSights
SMC Global Power Holdings Corp.’s perpetual capital securities are volatile in the short to medium term, credit research provider CreditSights said, as it withdrew its strong debt rating for San Miguel Corp. (SMC) on rising concerns over the conglomerate’s power arm.
How PSEi member stocks performed — October 27, 2022
Here’s a quick glance at how PSEi stocks fared on Thursday, October 27, 2022.
POGO exit’s impact on office vacancy ‘not sizable’
THE exit of Philippine offshore gaming operators (POGOs) will contribute to the rise of vacancy rates, especially in offices outside economic zones, but not in a sizable amount, Jones Lang Lasalle (JLL) said.
PLDT adds more subsea cable links in Palawan
PLDT, Inc. said on Wednesday that it is adding more than 500 kilometers of submarine fiber cable links in Palawan.
PXP’s net loss narrows to P19M
PXP Energy Corp. reported a net loss of P18.88 million in the third quarter, significantly lower than the P1.66-billion loss recorded in the same period last year, due to higher profit from its Galoc oil field operations and reduction of administrative expenses.
Meralco targets its fleet to be 25% EVs by 2030
MANILA Electric Co. (Meralco) is targeting to transition at least 25% of its fleet to electric vehicles (EVs) by the end of 2030 to comply with the government’s mandate.
Robinsons Land, Meralco tie up for green initiatives
PROPERTY developer Robinsons Land Corp. (RLC) and Manila Electric Co. (Meralco) have committed to reducing carbon emissions by partnering in putting up charging stations for electric vehicles (EVs).
Japan’s Kyuden moves to acquire 25% PetroGreen stake
PETROENERGY Resources Corp. said on Wednesday that Kyuden International Corp. (KIC) has completed the initial closing requirements for its acquisition of a 25% stake in PetroGreen Energy Corp.
SEC warns public against Movie Daddy
THE Securities and Exchange Commission (SEC) advised the public not to invest in an entity called Movie Daddy as it is not a registered corporation or partnership.
Globe says still country’s largest publicly listed telco
AYALA-LED Globe Telecom, Inc. said it remains the largest telecommunications company in the Philippines, with a market capitalization of P321.25 billion as of Oct. 11.