ICTSI ends terminal operations in Indonesia’s South Sulawesi

LISTED port operator International Container Terminal Services, Inc. (ICTSI) announced on Tuesday that it had ended its operations at the Makassar Container Terminal in...

Maynilad customers to receive P101 to P377 rebate

THE Metropolitan Waterworks and Sewerage System (MWSS) said that a total of 222,221 customers of Maynilad Water Services, Inc. affected by the water service...

Globe hopes to improve customer experience via lens antenna technology

GLOBE Telecom, Inc. has completed pilot deployments of the first multi-beam, multi-band lens antenna technology aimed at improving customer service, the company announced on...

Ovialand posts 62% revenue rise to nearly P1.4B, plans market listing

RESIDENTIAL home developer Ovialand, Inc. exceeded its revenue target for 2022, recording a double-digit topline growth as its operations further expanded ahead of a...

DTI says P360-B Ilocos Norte offshore wind project ‘on track’ 

THE Department of Trade and Industry (DTI) said that the P360 billion offshore wind project in Ilocos Norte is on track and has progressed...

MAP head faces 2023 with ‘cautious optimism’ 

THE new president of the Management Association of the Philippines (MAP) is cautiously optimistic about the country’s recovery this year as the pandemic continues. “The...

CTA rejects review of Macquarie’s refund claim

THE Court of Tax Appeals (CTA) has affirmed its ruling that denied Macquarie Offshore Services Pty., Ltd.’s (Macquarie) appeal to review and set aside...

Pangilinan group names new TV5, Cignal TV presidents, CEOs

FILM producer Guido R. Zaballero is the new president and chief executive officer (CEO) of free-to-air television network TV5, the Pangilinan group’s MediaQuest Holdings,...

House approves IBC-13 franchise renewal for another 25 years

LAWMAKERS on Tuesday approved on third and final reading a bill that will grant another 25-year franchise to Intercontinental Broadcasting Corp. or IBC-13. All 272...

EDC powers Japanese recycling firm’s shift to RE

ENERGY Development Corp. (EDC), the renewable energy arm of First Gen Corp., said on Tuesday that it will power Japanese waste management and recycling...

How PSEi member stocks performed — January 31, 2023

Here’s a quick glance at how PSEi stocks fared on Tuesday, January 31, 2023.

MPIC targets P500-M revenue from dairy business by 2025

METRO PACIFIC Investment Corp. (MPIC) expects to generate P500 million in revenue from its dairy business by 2025, according to the president of its agriculture unit Metro Pacific Agro Ventures (MPAV).