SM group pushes resiliency agenda in post-pandemic strategy
BUSINESSES need to include economic and societal resilience in their long-term strategy, the top official of SM Investments Corp. (SMIC) said, as he pointed...
How PSEi member stocks performed — January 11, 2023
Here’s a quick glance at how PSEi stocks fared on Wednesday, January 11, 2023.
Metro Pacific shares extend gains on deal speculation
MANILA - Philippines' Metro Pacific Investments Corp said on Wednesday it had not entered into any "definitive" agreement with foreign investors, after shares in...
5G subscription in PHL seen rising at ‘brisk pace’
THE total revenue of telecommunications companies in the Philippines is expected to increase at a compound annual growth rate (CAGR) of 4% during 2021-2026,...
ACEN signs EPC contract for solar farm in Australia
ACEN Corp. said its subsidiary had chosen PCL Construction as its engineering, procurement and construction contractor (EPC) for the development of its 520-megawatt direct...
Maynilad plans to spend P19B on new sewer lines
MAYNILAD Water Services, Inc. is targeting to spend P19 billion in the next five years for the installation of 121 kilometers of new sewer...
Ayala Land removes two projects from latest reinvestment plan
AYALA Land, Inc. (ALI) removed two projects in its reinvestment plan for the net proceeds it received from the sale of its shareholdings in...
NLEX to start third Candaba viaduct, set to finish connector’s first section
NLEX Corp., a unit of Metro Pacific Tollways Corp. (MPTC), announced on Tuesday that it targets to start the implementation of its Candaba Third...
Sta. Lucia Land taps Enderun for hotel management
STA. LUCIA LAND, Inc. has tapped Enderun Hotels to undertake the hotel management and consultancy services of the listed developer’s properties in Baguio and...
Gov’t readies SIM registration rollout in isolated areas
THE Department of Information and Communications Technology (DICT) on Tuesday said the government is now preparing to reach the geographically isolated and disadvantaged (GIDA) areas...
SC clears two entities’ compromise over property dispute
THE Supreme Court (SC) has approved a compromise agreement between Malate Construction Development Corp. (MCDC) and Extraordinary Realty Agents & Brokers Cooperative that involved...
IKEA Philippines issues recall of chair product due to injury risks
FURNITURE retailer IKEA Philippines has issued a recall of one of its products due to reported fall and injury incidents.
The Swedish retailer said in...