Infrawatch PH says registration of SIM cards progressing slowly
PUBLIC policy think tank Infrawatch PH has expressed concern over the slow progress in the registration of subscriber identity module (SIM) cards, saying the...
Roxas Holdings’ net loss widens to P196 million as expenses rise
ROXAS HOLDINGS, Inc.’s attributable net loss inched up to P195.93 million in its October-December quarter from P194.92 million a year earlier, after incurring higher...
Global Ferronickel acquires control over port operator
NICKEL ore producer Global Ferronickel Holdings, Inc. (FNI) has acquired an additional 24% shares in its unit Mariveles Harbor Corp. (MHC), it announced on...
NCIP grants consent to MacroAsia’s mining unit
MacroAsia Corp. said its mining subsidiary secured certification for complying with the process required by indigenous communities for a mining project in Palawan province.
In...
SM, Converge, D&L recognized for corporate governance
COMPANIES listed on the stock exchange were recognized for closely observing the standards of corporate governance based on the recent ASEAN Corporate Governance Scorecard...
How PSEi member stocks performed — February 8, 2023
Here’s a quick glance at how PSEi stocks fared on Wednesday, February 8, 2023.
Philippine poultry firm Bounty considers $500 million IPO in Manila
Bounty Agro Ventures Inc., a Philippine poultry firm, is exploring an initial public offering in Manila that could raise $400 million to $500 million,...
Metro Pacific unit taking 35% stake in Axelum for P5 billion
THE agriculture arm of Metro Pacific Investments Corp. (MPIC) is buying a 34.76% stake in coconut products maker Axelum Resources Corp. for P5.32 billion as the investment company boosts its presence in agribusiness.
Globe net earnings hit P3B in fourth quarter
GLOBE Telecom, Inc. reported a core net income of P3.16 billion in the fourth quarter of 2022, bringing its full-year bottom line to P19.17...
Cebu Landmasters reservation sales up 14% to P19B
CEBU Landmasters, Inc. (CLI) posted a 13.6% increase in higher reservation sales last year to P18.8 billion, with mid-market residential projects driving sales, the...
SM Retail taps global firm for order management system
SM RETAIL, Inc. said on Tuesday that it had tapped global software company Fluent Commerce for a distributed order management system.
“As one of the...
Prime Infra spends over P134M on sustainability
RAZON-Led Prime Infrastructure Capital, Inc. (Prime Infra) said on Tuesday that it had spent about P134.5 million on various access to clean water and...