ICTSI plans to revive Iloilo port development proposal
LISTED port operator International Container Terminal Services, Inc. (ICTSI) said it plans to revive its proposal to develop and operate the Iloilo Commercial Port Complex as part of its goal to help the government in improving the country’s port network.
AboitizPower turns on battery energy storage system in Davao de Oro
ABOITIZ Power Corp. (AboitizPower) announced on Wednesday that its unit’s 49-megawatts (MW) battery energy storage system (BESS) in Maco, Davao de Oro is now operational.
Globe’s 917Ventures, Ayala Corp. to bring Taiwanese electric vehicles to PHL
GLOBE TELECOM, Inc. announced on Wednesday that its corporate venture builder, 917Ventures, and Ayala Corp. will soon bring Taiwan-based electric scooter and battery swapping system provider Gogoro to the Philippines.
Lazada highlights economic opportunities, women empowerment in first ESG report
LAZADA has provided additional economic opportunities and pushed for more women participation in its workforce, the e-commerce platform said, citing its first environment, social, and governance (ESG) report.
Robinsons Land launches second mall in Nueva Ecija
PROPERTY developer Robinsons Land Corp. (RLC) is set to open its second mall in Gapan City, Nueva Ecija aiming to expand and cater to the booming economic centers in Central Luzon.
Capital A to combine AirAsia and AirAsia X
MALAYSIA’S Capital A will combine its AirAsia budget airline business with long-haul offshoot AirAsia X as part of a corporate restructuring designed to shed its status as a financially distressed firm, its Chief Executive Tony Fernandes said.
AREIT plans 100,000-sq.m. portfolio growth yearly
AREIT, Inc. is planning to grow its assets at an average of 100,000 square meters (sq.m.) of gross leasable area annually from 2023 to 2025, the company said on Tuesday.
SEC files criminal cases vs. Silverlion incorporators
THE Securities and Exchange Commission (SEC) extension office in Zamboanga has filed criminal cases against the incorporators of Silverlion Livestock Trading Corp., the regulator said.
Eagle Cement stockholders approve firm’s delisting
EAGLE Cement Corp. said that no stockholder voted against its proposal to voluntary delist in relation to the company’s ongoing sale of shares to a San Miguel Corp. (SMC) subsidiary.
ICTSI unit boosts productivity with additional harbor crane
LISTED port operator International Container Terminal Services, Inc. (ICTSI) has acquired more equipment to boost its operations.
Liberty Flour Mills considers land sale to subsidiary
LISTED firm Liberty Flour Mills, Inc. (LFM) is entering a memorandum of understanding (MoU) with its subsidiary for the potential sale of a building and the 1,009-square meter (sq.m.) lot where it sits.
Use of unregistered devices increases cybersecurity risks
THE use of unregistered devices by employees in a hybrid work arrangement increases the likelihood of cybersecurity incidents, a technology firm said in a report.