Philippine firm planning IPO targets new gas wells, solar investment
MANILA - Philippine holding firm Prime Infrastructure Capital Inc aims to put new wells at the country's only major natural gas project into commercial...
Tanduay Distillers ordered to stop using ‘Ginebra’
THE Supreme Court has ordered Tanduay Distillers, Inc. (TDI) to stop using the word “Ginebra” in its gin products as it upheld Ginebra San Miguel, Inc.’s (GSMI) trademark over the term.
PAL to add seven aircraft, almost double 2023 capex
FLAG CARRIER Philippine Airlines (PAL) is set to add seven more aircraft to its fleet this year as it moves to bring back its...
Maynilad allocates P178 billion for wastewater spending plan
MAYNILAD Water Services, Inc. targets to spend P178 billion for its wastewater management program from 2023 to 2046, the company announced on Wednesday.
In a...
San Miguel Foods’ income up 21% to P9B as sales jump
THE food division of listed firm San Miguel Food and Beverage, Inc. reported a 21% rise in net income to P9.2 billion in 2022,...
SEC warns against two entities conducting alleged loan scams
THE Securities and Exchange Commission (SEC) has warned the public against two entities engaging in lending and financial activities, as they have not secured...
AirAsia: Lower fuel surcharge, sale promos to boost load factor
AIRASIA Philippines expects seat sales and a lower fuel surcharge for domestic and international flights in April to boost flights’ load factor in the...
D.M. Wenceslao posts 3% income growth to P2B
PROPERTY developer D.M. Wenceslao and Associates, Inc. posted a 3% profit growth to P2.1 billion last year largely on contributions from expansion projects and...
Manila Water prepares for expected higher demand in summer
MANILA Water Co., Inc. said it would maximize the production of its treatment plants and water sources to meet an expected surge in demand...
DICT expects not all SIM cards to be registered
THE Department of Information and Communications Technology (DICT) said it expects a decline in the number of activated subscriber identity modules (SIMs) after the...
Cebu Pacific to offer flights from Clark to Incheon
BUDGET CARRIER Cebu Pacific will be launching flights to Incheon, South Korea from Clark International Airport starting May 5.
In a press release, Cebu Pacific...
Palawan mining firm urges Brooke’s Point mayor to act on TRO
A MINING unit of listed Global Ferronickel Holdings, Inc. urged Brooke’s Point Mayor Cesareo R. Benedito, Jr. to prevent protesters from hindering operations in...