Kaya Founders may invest in 2 startups on sustainability
EARLY-stage investment company Kaya Founders is planning to invest in two businesses associated with sustainability, its partner said.
“For Kaya Founders, we are looking into...
Spectrum powers Atkins’ facility in Cavite
MSPECTRUM, Inc. (Spectrum) has energized the newest cold storage facility of Atkins Import and Export Resources, Inc. in Naic, Cavite, the renewable energy company...
Elevated inflation seen to affect telco, ICT companies’ earnings
THE PROFITABILITY of telecommunications and information and technology (ICT) companies could take a hit from the impact of elevated inflation on consumers’ purchasing power...
AirAsia pays $2.1B in pandemic refunds
LOW-COST CARRIER AirAsia has paid $2.1 billion or 98.4% of the refund claims it received since the start of the coronavirus pandemic in March...
MGen eyes to expand renewable energy portfolio
MERALCO POWERGEN Corp. (MGen) is planning to expand its renewable energy (RE) portfolio, with a new project likely to begin construction by the second...
Hilton Hotels looking to grow Philippine workforce amid easing travel curbs
HILTON HOTELS is looking to grow its workforce in the Philippines as it pursues expansion opportunities in Southeast Asia amid easing travel restrictions.
“The Philippines...
ARQCapital Partners to invest in more small firms
ARQCAPITAL Partners, Inc. is raising more funds to reach its target to invest about P2.5 billion in 50 “high-growth” medium enterprises in next three...
Tax court denies refund claim of manning agency
THE COURT of Tax Appeals (CTA) has denied BSM Crew Service Centre Philippines’ refund claim worth P4.79 million in supposed excess value-added tax (VAT)...
MPIC wins gold at Asia Integrated Reporting Awards
METRO PACIFIC Investments Corp. (MPIC), the country’s leading infrastructure investments company, was honored as Asia’s Best Integrated Report, bagging the gold award for First...
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...