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...
AboitizPower expects 17 MW more from Tiwi geothermal
ABOITIZ Power Corp. (AboitizPower) expects an additional 17 megawatts (MW) from its geothermal power plant in Tiwi, Albay when its renewables arm completes a...
Tax court affirms partial refund of KEPCO’s excess VAT
THE Court of Tax Appeals (CTA) has affirmed its ruling partially granting KEPCO Ilijan Corp.’s refund claim worth P23.39 million representing its excess input...
Century Peak’s cement unit secures gov’t certification
THE construction and cement subsidiary of listed firm Century Peak Holdings Corp. (CPM) has secured quality certification from the government for its cement products...
Century Properties plans to offer P3-billion retail bonds
THE board of directors of Century Properties Group, Inc. has approved a plan for the listed property developer to offer fixed-rate retail bonds worth...
Megawide says P2.8-B offering proceeds used for various projects
MEGAWIDE Construction Corp. on Tuesday said it has utilized P2.77 billion from the net proceeds of its 2020 preferred share offering for various infrastructure...
UPS Healthcare launches specialized shipping in PHL
US-BASED UPS Healthcare launched a highly specialized shipping service for patient-critical, time- and temperature-sensitive shipments in the Philippines.
According to the firm, the shipping service’s...
Globe says P16.5B released for capex, loan repayments
GLOBE TELECOM, INC. on Tuesday said it has used P16.46 billion for capital expenditures (capex) and loan repayments from the net proceeds of the...
DHL Express opens larger service center in Pasig City
LOGISTICS firm DHL Express has opened a larger facility in Pasig City in a bid to address customer demand and improve its operations in...