City & Land to launch 40-storey project in Malate

LISTED company City & Land Developers, Inc. announced on Monday that it will be launching a residential project next month in Manila. In a disclosure...

MAP names Du-Baladad president for 2023  

THE Management Association of the Philippines (MAP) has elected Benedicta Du-Baladad as its president for 2023. In a statement on Monday, it said Ms. Du-Baladad,...

How PSEi member stocks performed — January 16, 2023

Here’s a quick glance at how PSEi stocks fared on Monday, January 16, 2023.

Gov’t support seen needed to develop sustainable jet fuel

THE government must send strong signals that it supports the development of sustainable aviation fuel (SAF) in the country through tax incentives and other policies, as a crucial step toward meeting the industry’s target to cut carbon emissions from air travel by 2050, airlines said.

Resurging travel bookings bring labor shortage

THE hospitality industry is facing a challenge in acquiring talent amid the recovery of the travel industry as the reopening of the borders increased...

Proposed MSME e-commerce platform faces delays 

THE planned creation of an e-commerce platform for micro, small, and medium enterprises (MSMEs) has faced delays, Trade Secretary Alfredo E. Pascual said. “The estimate...

Domestic travelers drive Bohol hotel’s recovery

OCCUPANCY rates at South Palms Resort Panglao returned to pre-pandemic levels last year due to the influx of domestic travelers, a company official said. “I...

CTA affirms Jollibee Worldwide’s P18.5-M refund claim

THE Court of Tax Appeals  (CTA) has affirmed its ruling that granted the refund claim of Jollibee Worldwide Pte. Ltd. worth P18.48 million representing...

Silang gov’t helps hasten completion of CALAX Silang-Aguinaldo

MPCALA Holdings, Inc., a unit of Metro Pacific Tollways Corp. (MPTC), on Sunday said the municipality of Silang in Cavite is helping the company...

Metro Pacific rises amid talk of foreign investor’s entry

METRO Pacific Investments Corp. (MPIC) was among the most active stocks last week as investors reacted to speculations about the company agreeing to sell...

How PSEi member stocks performed — January 13, 2023

Here’s a quick glance at how PSEi stocks fared on Friday, January 13, 2023.

REITs seen saddled by hybrid work, POGO exit

REAL estate investment trusts (REITs) are expected to benefit from the further reopening of the economy, but their growth could be tempered by flexible work arrangements and the departure of Philippine offshore gaming operators (POGO), analysts said.