THE PHILIPPINES’ free-to-air television network TV5 and ABS-CBN Corp. are in an “evolving and dynamic” discussion over a partnership, tycoon Manuel V. Pangilinan said on Saturday.

INVESTORS remain positive on Ayala-led Bank of the Philippine Islands (BPI) as it stands to benefit from rising borrowing costs.

Here’s a quick glance at how PSEi stocks fared on Friday, June 3, 2022.

RAZON-LED Prime Infrastructure Holdings, Inc. (Prime Infra) said on Thursday that it “is poised to acquire a controlling stake” in the Malampaya gas-to-power project, a move that is likely to be decided on by the incoming administration.

ISOC edotco Towers, Inc., one of two tower companies acquiring some of the PLDT group’s telecom towers, aims to build nearly 500 towers in Luzon this year, as part of its goal to help the government in achieving 66,000 new tower builds by 2026, a company official said.

SEAOIL Philippines, Inc. is investing P740 million into the construction of a bulk terminal in an economic zone in Zamboanga City, the independent oil firm said on Thursday.

BUDGET carrier Cebu Pacific, operated by Cebu Air, Inc., announced on Thursday that it is increasing its international network beginning this month by adding more flights to eight Asian destinations.

PROPERTY developer Imperial Homes Corp. has launched on Thursday a residential village in Cavite province that will have its own solar power source and the capability to sell its excess energy to the electricity grid.

MSPECTRUM, Inc. has energized new solar projects for Ajinomoto Philippines Corp. (APC) and Dasmariñas City, adding to the company’s growing list of solar rooftop installations.

THE Court of Tax Appeals (CTA) has affirmed its division’s ruling denying Advanced World Systems, Inc.’s appeal to review and set aside its tax liabilities worth P4.5 million for the period April 1, 2010 to March 31, 2011.

VISTA Land & Lifescapes, Inc. reported an unaudited first-quarter net income of P2.22 billion for its equity holders, up 11.6% from a year ago, despite a decline in revenues for the period.

THE top official of Filinvest Development Corp. (FDC) said on Thursday that she had passed on the leadership reins for the group’s real estate unit to its current chief strategy officer.