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...

Toyota holds safety recall on various Lexus models 

TOYOTA MOTOR Philippines Corp. has issued a safety recall or a special service campaign on various Lexus models due to a defect that could...

How PSEi member stocks performed — January 10, 2023

Here’s a quick glance at how PSEi stocks fared on Tuesday, January 10, 2023.

DoE says China firms pledge $13.76-B energy investments

NINE Chinese companies have pledged $13.76 billion worth of investments in the Philippine energy sector, the Energy department said on Monday, citing the positive...

Megawide says 2023 a ‘renewed opportunity’ for more projects 

MEGAWIDE Construction Corp. aims to pursue more projects this year, including transport infrastructure, as it banks on the confidence of its stakeholders, the company’s...

ACEN secures A$277-M loan for its RE projects in Australia  

ACEN Corp. said it had secured a total of 277 million Australian dollars to fund its renewable energy (RE) portfolio in Australia. In a disclosure...

Cebu Landmasters tops off P3-B Davao City project

CEBU Landmasters, Inc. (CLI) has completed its P3-billion mixed-use development in Davao City which it envisions to be a lifestyle and convention destination. “We’re pleased...

DTI seeks more tech investments from US

THE Department of Trade and Industry (DTI) is eyeing more technology-related investments from the United States as part of efforts to improve the country’s...

Grab PHL readies for more passengers, brings back ride-sharing

GRAB Philippines on Monday said its “Multi-Stop Ride and GrabShare” services are critical in addressing supply challenges, especially during the holiday season. Grab said there...

EDC to power Mc Bride’s shift to renewables 

ENERGY Development Corp. (EDC), the renewable energy arm of First Gen Corp., said on Monday that it will power Mc Bride Corp.’s shift to...

MREIT targets to complete P5.3-B acquisition in Q1 

MREIT, Inc. said it expects the acquisition of four prime properties worth P5.3 billion to be completed within the first quarter of the year. “We...

How PSEi member stocks performed — January 9, 2023

Here’s a quick glance at how PSEi stocks fared on Monday, January 9, 2023.