Korea’s KEPCO expects to sell PHL energy assets in 1st half
KOREA Electric Power Corp. (KEPCO) targets to finalize the sale of two energy assets in the Philippines within the first semester of this year...
Macay Holdings buys RC Cola firm for $21.4 million
MACAY Holdings, Inc. has completed the acquisition of RC Global Beverages, Inc. (RCGBI) after it fulfilled the closing conditions in the two parties’ share...
CATS sees local electric vehicle market to further grow
LUXURY vehicle distributor CATS Group of Companies is optimistic about the growth of electric vehicles (EVs) in the country, citing surging consumer demand.
“I think...
A Brown to invest in agricultural company
A BROWN Co., Inc., said on Wednesday that its board of directors authorized the firm to invest in Surigao Greens Agri Corp. (SGAC), which...
Ookla: Smart delivered fastest download speed in Q4; Globe ‘most consistent’
SMART Communications, Inc., the wireless arm of PLDT Inc., delivered the fastest median download speed at 32.16 megabits per second (Mbps) in the fourth...
AREIT’s property share swap with Ayala Land gets SEC nod
THE real estate investment trust (REIT) of property developer Ayala Land, Inc. (ALI) secured the approval of the Securities and Exchange Commission (SEC) for...
Medical research, business development among fastest growing jobs in PHL — LinkedIn
JOBS in medical research, business development, and technology are among the fastest-growing jobs in the Philippines, according to the professional networking platform LinkedIn.
In a...
Globe group’s Kickstart Ventures president enters Forbes’ ‘50 Over 50’
ANNA Irmina “Minette” B. Navarrete, co-founder and president of Globe group’s Kickstart Ventures, Inc., is among Forbes’ “50 Over 50: Asia 2023” list.
This year’s...
How PSEi member stocks performed — January 18, 2023
Here’s a quick glance at how PSEi stocks fared on Wednesday, January 18, 2023.
ACEN secures $107M for Vietnam wind farm project
ACEN CORP. and its partner BIM Group received a $107-million financing package from the Asian Development Bank (ADB) for their joint venture project —...
Inchcape takes controlling stake in PHL vehicle distributor
GLOBAL automotive distributor Inchcape Plc has agreed to enter into a joint venture with local luxury vehicle distributor CATS Group of Companies as part...
SEC warns about unlicensed Lele Gold Farm, Trading Cartel
THE Securities and Exchange Commission (SEC) warned the public against the investment-taking activities of Trading Cartel and Lele Gold Farm as the entities are...