PXP Energy trims attributable net loss to P36 million
PXP Energy Corp. reported a net loss of P36.11 million attributable to parent firm equity holders last year, significantly lower than the P1.71-billion loss...
SM Prime revives $1-billion REIT IPO
SM PRIME Holdings, Inc. is considering reviving an initial public offering (IPO) of a real estate investment trust (REIT) that could raise as much...
CTA affirms Mindanao power firm’s partial tax refund
THE Court of Tax Appeals (CTA) has upheld its ruling that granted a refund of Western Mindanao Power Corp.’s (WMPC) tax liabilities to the...
Wilcon Depot moves to expand market share
LISTED retailer Wilcon Depot, Inc. said on Thursday that its board had approved a proposed change in its incorporation papers to include business names...
How PSEi member stocks performed — February 23, 2023
Here’s a quick glance at how PSEi stocks fared on Thursday, February 23, 2023.
Philippine fintech firm Maya weighs raising fresh funds, sources say
Maya, a financial technology firm in the Philippines, is considering raising about $150 million from investors to boost its growth, according to people familiar...
AgriNurture invests P2.6 billion in corn farming
ANTONIO L. TIU’S AgriNurture, Inc. (ANI) will be developing a P2.6-billion corn plantation in Davao del Sur to mark its foray into the corn...
Elon Musk’s satellite internet unit now serves the Philippines
ELON MUSK’s Space Exploration Technologies Corp. (SpaceX) announced on Wednesday that its satellite internet unit will now be serving the Philippines.
In a tweet, SpaceX...
BPO firms expanding to provinces with more workers – KMC Savills
BUSINESS process outsourcing (BPO) companies have started expanding to the provinces, according to real estate services provider KMC Savills, Inc.
In a panel discussion on...
Fernando Zobel de Ayala rejoining some company boards
FERNANDO Zobel de Ayala is set to rejoin selected boards of Ayala companies a few months after his resignation as vice-chairman, president and chief...
SEC warns against JCRG, Mega Ultra, Cash Table
THE Securities and Exchange Commission (SEC) has warned the public against investing in three entities, which have not secured a license to offer securities.
In...
Tax court grants part of OceanaGold’s refund claim
THE Court of Tax Appeals (CTA) has partially granted OceanaGold Philippines, Inc.’s tax refund claim in the amount of P140 million representing its excess...