How PSEi member stocks performed — January 27, 2023
Here’s a quick glance at how PSEi stocks fared on Friday, January 27, 2023.
Monde Nissin to buy 15% stake in Figaro Coffee
MONDE Nissin Corp. is acquiring a 15% stake in Figaro Coffee Group, Inc. (FCG) for around P820.27 million in a move analysts see as helping expand the companies’ business reach.
Manila Water earmarks P37B for water treatment projects
MANILA WATER Co., Inc. announced on Thursday a P37.3-billion investment in its wastewater master plan, which covers the construction of treatment facilities and a...
SEC warns against six investment-taking entities
THE Securities and Exchange Commission (SEC) in separate advisories warned the public against the investment-taking activities of six entities that are not registered as...
ABS-CBN eyes Malaysian audience
LISTED media company ABS-CBN Corp. said it hopes to expand its audience reach in Malaysia through a partnership with a local digital radio platform.
The...
Megawide unit bags 3 more PHirst Park Homes projects
LISTED infrastructure company Megawide Construction Corp.’s precast unit has bagged three new supply-and-build contracts with residential developer PHirst Park Homes, Inc. (PPHI), a company...
SC partially grants Chevron Holdings’ refund claim
The Supreme Court (SC) has partially granted Chevron Holdings, Inc.’s tax refund claim to the modified amount of P1.14 million representing its excess input...
ERC says court denies hold order vs its ruling In Sept.
The Energy Regulatory Commission (ERC) on Thursday said the appellate court denied the issuance of a hold order sought by a unit of San...
German firm expands with $16-M plant in PHL
GERMAN firm ZAMA Precision Industry Manufacturing Philippines, Inc. is expanding its manufacturing capabilities in the country through a new facility in Sto. Tomas, Batangas.
In...
Solar-powered commercial building launched in Cebu
PROPERTY developer JEG Development Corp. (JDC) and Vivant COREnergy Inc. introduced the first solar-powered commercial building in Cebu City.
In a virtual press conference...
ACEN readies 60-MW solar farm in Pangasinan
ACEN Corp. said on Thursday that it is set to start building a P2.8-billion 60-megawatt (MW) solar farm in Pangasinan, marking the Ayala-led company’s...
GCash, Grab team up for more accessible e-payments
GCash and Grab Philippines have tied up to allow customers to use their mobile wallet as a direct payment method when using the services...