Monde Nissin’s shares drop as it posts P13-billion net loss in 2022
MONDE NISSIN Corp. was one of the most actively traded stocks last week after it reported that it posted a P13-billion net loss in...
How PSEi member stocks performed — April 5, 2023
Here’s a quick glance at how PSEi stocks fared on Wednesday, April 5, 2023.
JFC buys majority stake in brand’s HK franchisee
JOLLIBEE Foods Corp. (JFC) is acquiring the majority stake in the fast-food brand’s master franchisee in Hong Kong to hasten its growth in what...
Metro Pacific eyes new expressway project in Indonesia
Metro Pacific Tollways Corp. (MPTC) is targeting a new expressway project in Jakarta, Indonesia that is awaiting regulatory approval, its top official said.
“We cannot...
Balai set to acquire P111-M Quezon City property
Balai Ni Fruitas Inc.’s board of directors approved the acquisition of land, building and improvements on a P111.3-million property in Quezon City, the company...
Vista Land signs P10B corporate note facility
VILLAR-LED property developer Vista Land & Lifescapes, Inc. has obtained a three-year corporate note facility of up to P10 billion that it will use...
ACEN invests more in unit’s Pagudpud wind farm
Ayala-led ACEN Corp. announced on Wednesday that it had agreed to subscribe to shares of Bayog Wind Power Corp. to fund the construction of...
Smart ties SIM card registration to 2023 performance
PLDT Inc. wireless unit Smart Communications, Inc. expects the registration of subscriber identity module (SIM) cards to improve its performance in 2023.
“SIM registration is...
Cebu Pacific expands north Luzon network to Laoag
Budget carrier Cebu Pacific launched Manila-Laoag flights which will further expand its network in north Luzon, the airline said on Wednesday.
“We hope that the...
Globe to pursue climate action strategies
Globe Telecom, Inc. said it will continue to implement climate action strategies to support the government’s energy efficiency efforts.
“We are committed to driving energy...
Alternergy keen to participate in green energy auction
Alternergy Holdings Corp. is interested in participating in the second round of the green energy auction (GEA 2) program, the renewable energy company said...
Meralco assures continuous services during Holy Week
Manila Electric Co. (Meralco) has assured its customers of uninterrupted electricity services during the Holy Week.
In a statement, Joe R. Zaldarriaga, Meralco’s spokesperson and...