Balai income surges to P37M

LISTED food and beverage company Balai Ni Fruitas, Inc. reported a net income of P37 million in 2022, more than four times higher than...

Makati Shangri-La starts hiring for third-quarter reopening

MAKATI Shangri-La Hotel has begun its hiring process, according to social media posts announcing an open house recruitment of hotel staff, in time for...

Meralco plans to collect nearly P8B in underrecoveries

MANILA Electric Co. (Meralco) has proposed to collect in the next 12 months a net underrecovery of P7.98 billion, which it accumulated in the...

Filinvest Land appoints Las Marias as chief executive

FILINVEST Land, Inc. (FLI) has named Tristaneil D. Las Marias as its chief executive officer, a post he will service concurrently with his existing...

ABS-CBN set to offer GMA Network programs on int’l streaming unit iWantTFC

ABS-CBN International, Inc. and GMA Network, Inc. have tied up to offer the latter’s programs on iWantTFC starting May 1, the companies said in...

Radisson Hotel Group plans Philippine expansion

RADISSON Hotel Group (RHG) is targeting to expand its presence in the Philippines after it signed an agreement with SM Hotels and Conventions Corp....

How PSEi member stocks performed — April 26, 2023

Here’s a quick glance at how PSEi stocks fared on Wednesday, April 26, 2023.

SM Prime plans launch of $1-B mall REIT by second semester

SY-led SM Prime Holdings, Inc. is targeting to launch its first real estate investment trust (REIT) in the second half of the year from...

Meralco secures 1-year power supply deal with AboitizPower 

MANILA Electric Co. (Meralco) has secured another emergency power supply agreement (EPSA) for one year with a unit of Aboitiz Power Corp., an official...

Ovialand launches P990-M housing project in Bulacan

RESIDENTIAL property developer Ovialand, Inc. has launched a P990-million housing development in Baliwag, Bulacan to mark its foray outside South Luzon, the company said...

PetroEnergy set to take EEI Power’s shares in renewable energy firms

YUCHENGCO-led PetroEnergy Resources Corp. has signed a share purchase agreement with EEI Power Corp. to acquire the latter’s share in three renewable energy subsidiaries. In...

Phinma subsidiary to develop schools in Laguna

PHINMA Corp.’s education unit Phinma Education Holdings, Inc. is set to develop the facilities of schools in Laguna through its new initiative, the company...
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