How PSEi member stocks performed — July 7, 2022
Here’s a quick glance at how PSEi stocks fared on Thursday, July 7, 2022.
Meralco ‘will comply’ with ERC’s refund order
MANILA Electric Co. (Meralco) has confirmed receipt of an order from the Energy Regulatory Commission (ERC) directing the country’s largest power distribution utility to refund distribution-related charges amounting to P21.8 billion or 87 centavos per kilowatt-hour (kWh) for residential customers.
ACEN plans P30-B bonds, readies 458-MW solar farms
AC ENERGY Corp. (ACEN) is planning a P30-billion debt securities program to be shelf-registered with the corporate regulator, with a P10-billion first tranche allocated for three solar projects with a combined capacity of 458 megawatts (MW).
PCC targets to finish six cartel cases by end-2022
THE Philippine Competition Commission (PCC) is aiming to finish by the end of 2022 the investigation of six cases related to cartels or abuse of dominant position.
SEC flags Wellcons anew on investment scheme
THE Securities and Exchange Commission (SEC) has ordered Wellcons Unlimited Systems, Inc. once again to stop offering investment packages to the public without the necessary license from the commission.
PHL AirAsia: Kota Kinabalu looks to Filipino visitors for tourism recovery
PHILIPPINES AirAsia, Inc. said it is working with Malaysia’s Sabah Tourism Board (STB) to fly more Filipino tourists to Kota Kinabalu, the capital of Sabah.
Cebu Pacific says fares still lower vs pre-pandemic despite higher fuel surcharge
CEBU Pacific, operated by Cebu Air, Inc., said it is keeping its fares cheaper this year than they were in 2019, or before the pandemic, in an effort to sustain its recovery by increasing passenger volume and flight frequencies.
Digitalization benefits ESG-related communities, entities — report
THE acceleration of digitalization helps boost environment, social, and government (ESG) related communities and businesses in the Philippines amid the ongoing coronavirus pandemic, according to research firm ESG Intelligence.
IPOPHL to boost expansion of MSMEs in global markets
THE Intellectual Property Office of the Philippines (IPOPHL) plans to strengthen its assistance for micro, small, and medium enterprises (MSMEs) to reach global markets.
Ayala Land lists P33-billion fixed-rate bonds
AYALA Land, Inc. (ALI) successfully listed its new P33 billion fixed-rate bonds due 2024, 2027, and 2029 on July 4 at the Philippine Dealing & Exchange Corp. (PDEx).
How PSEi member stocks performed — July 6, 2022
Here’s a quick glance at how PSEi stocks fared on Wednesday, July 6, 2022.
PetroEnergy unit’s solar farms get DoE, DENR nod
A UNIT of Yuchengco-led PetroEnergy Resources Corp. has secured the approval of the Energy and Environment departments for two utility-scale solar farms with a combined capacity of 52 megawatts of direct current (MWdc).