Billionaire Razon’s Prime Infrastructure eyes IPO
Prime Infrastructure Holdings Inc., billionaire Enrique Razon’s sustainable infrastructure firm, is considering an initial public offering in Manila that could raise as much as...
PLDT group blocks 23M smishing SMS from entities
THE PLDT group was able to block millions of short message service (SMS)-based phishing attacks, or smishing, and is now working to address text scams sent through individual numbers, according to its chief information security officer.
Cosco, Thailand’s Siam Global partner for one-stop warehouse
COSCO Capital, Inc. has signed a joint venture agreement with Siam Global House Public Co. Ltd. to operate a one-stop home improvement warehouse.
Solar Philippines seeks to contract its 10-GW projects
SOLAR Philippines Power Project Holdings, Inc. has offered its proposed 10 gigawatts (GW) of renewable energy development to off-takers or buyers, its listed unit said on Monday.
Wilcon on track to achieving 100 store target by 2025
WILCON Depot, Inc. officials said that the home improvement firm is on track to reaching its target of having 100 stores by end-2025 as part of its network expansion initiative.
Shakey’s expects Q2 earnings growth amid increased mobility
SHAKEY’s Pizza Asia Ventures, Inc.’s second-quarter performance is likely to outpace the previous quarter due to eased mobility restrictions, its top official said on Monday.
Globe board OK’s stock rights offer for network expansion
GLOBE Telecom, Inc. announced on Monday that its board of directors recently approved a stock rights offer for its eligible common shareholders.
House of Investments buys A.T. Yuchengco Centre
HOUSE of Investments, Inc. (HI), the investment holding and management company of the Yuchengco group, has approved the purchase of A.T. Yuchengco Centre from its affiliate bank Rizal Commercial Banking Corp. (RCBC) for P6.07 billion.
Aboitiz InfraCapital reshaping LIMA Estate
ABOITIZ InfraCapital (AIC), Inc., the infrastructure arm of the Aboitiz group, said on Monday that it intends to transform its 794-hectare LIMA Estate in Batangas into a “smart” economic center to attract more investments.
How PSEi member stocks performed — June 20, 2022
Here’s a quick glance at how PSEi stocks fared on Monday, June 20, 2022.
Supermarkets say commodity prices to further rise
THE prices of commodities are expected to increase in the coming months amid the challenges faced by manufacturers, according to the Philippine Amalgamated Supermarkets Association, Inc. (Pagasa).
Common tower providers see no threat from satellite firms
SOME telecommunication tower companies operating in the Philippines said the entry of satellite firms into the local scene poses no threat to their business or to that of traditional telco providers, as the technology complements terrestrial connectivity, which does not reach many of the country’s remote areas.