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...

First Gen calls for national adaptation, decarbonization plan

LOPEZ-LED First Gen Corp. has called on the government to create a national decarbonization and adaptation plan to scale up the greening of the...

‘Tremendous’ demand seen for solar energy

SOUTHEAST Asia is poised to register a huge demand for solar energy, a China-listed solutions provider with projects in the Philippines said, as it...

How PSEi member stocks performed — February 22, 2023

Here’s a quick glance at how PSEi stocks fared on Wednesday, February 22, 2023.

Ayala Land’s 2023 capex up by 18% to P85 billion

AYALA LAND, Inc. (ALI) has earmarked P85 billion for its 2023 capital expenditure (capex) budget, which it will mainly use to fund the development...

SFA Semicon allots $10M for manufacturing plant upgrade

SFA SEMICON Philippines Corp. has set aside $10.25 million out of its retained earnings to partly fund its five-year investment plan approved a year...

A Brown taps electric bus operator to handle shuttle service in Cagayan de Oro

A BROWN Co., Inc. said on Wednesday that its board of directors authorized the firm to enter into a joint venture with an operator...

SC affirms VAT refund of former Casecnan hydropower operator

THE Supreme Court has upheld the partial refund of CE Casecnan Water and Energy Co., Inc. worth P19.22 million representing its excess value-added tax...

Philippines corners biggest share of Kia’s regional sales

KIA PHILIPPINES recorded the most sales among the car brand’s distributors in the Asia-Pacific (APAC) region, as the local automotive industry continues its recovery. In...

iPeople sees ‘good year’ as enrollment figures grow

LISTED education company iPeople, Inc. performed well in 2022 on the back of the country’s economic recovery and growth in its enrollment numbers, a...

How PSEi member stocks performed — February 21, 2023

Here’s a quick glance at how PSEi stocks fared on Tuesday, February 21, 2023.

Metro Pacific earmarks P1B for Bulacan greenhouse

THE agribusiness arm of Metro Pacific Investments Corp. (MPIC) in partnership with Israel-based LR Group will be investing around P800 million to P1 billion in a vegetable greenhouse facility.